Acceleware Ltd. (TSX-V: AXE) is a Canadian innovator of clean-tech oil and gas technologies composed of two business units: Radio Frequency (RF) Enhanced Oil Recovery and Seismic Imaging Software. The company is currently running a commercial-scale, RF XL pilot project at Marwayne, Alberta, Canada, to advance and validate its heavy oil and oil sands electrification technology. Acceleware's seismic imaging software solutions offer imaging for oil exploration in complex geologies. Acceleware is part of a larger computing industry trend towards parallel processing via multi-core and massively-parallel

GPU A graphics processing unit (GPU) is a specialized electronic circuit designed to manipulate and alter memory to accelerate the creation of images in a frame buffer intended for output to a display device. GPUs are used in embedded systems, mobil ...

hardware and software architectures. Acceleware software can be used in the following industries:

electromagnetics In physics, electromagnetism is an interaction that occurs between particles with electric charge. It is the second-strongest of the four fundamental interactions, after the strong force, and it is the dominant force in the interactions of ...

oil and gas A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and burned as a fuel. The main fossil fuels are coal, oil, and natural gas. Fossil fuels ...

medical imaging Medical imaging is the technique and process of imaging the interior of a body for clinical analysis and medical intervention, as well as visual representation of the function of some organs or tissues (physiology). Medical imaging seeks to rev ...

, security imaging, industrial product design, consumer product design, financial research, and

academic research Research is " creative and systematic work undertaken to increase the stock of knowledge". It involves the collection, organization and analysis of evidence to increase understanding of a topic, characterized by a particular attentiveness ...

History

Acceleware was founded in 2004, in

Calgary Calgary ( ) is the largest city in the western Canadian province of Alberta and the largest metro area of the three Prairie Provinces. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806, makin ...

, Alberta, Canada. Extensive research on special-purpose hardware was conducted, and Acceleware developed competence-accelerating scientific computing software applications. Graphics processing units (GPUs) became the main hardware focus, as their parallel processing capabilities and extremely high memory bandwidth made them superior for accelerating scientific applications. GPU Computing (using a graphics processing unit to compute mathematical algorithms), parallelizes complex tasks so that many equations may be calculated, at one time, as opposed to CPU computing which requires that these tasks be done in sequence. This parallelization results in a reduction of the time and costs required for highly complex and intensive simulations. In January 2008, Acceleware entered into the

seismic Seismology (; from Ancient Greek σεισμός (''seismós'') meaning "earthquake" and -λογία (''-logía'') meaning "study of") is the scientific study of earthquakes and the propagation of elastic waves through the Earth or through other ...

market, providing hardware acceleration for seismic migrations, a logical progression as they are based in Calgary, Alberta, Canada, one of the world's hubs for oil and gas activity. In July 2008, market conditions and lack of available venture capital forced Acceleware to scale back its growth plans and reduce staff. Today, the company remains focused on the electromagnetics, seismic, and engineering simulation markets. It has also adopted a more software-oriented process now that GPU computing technology has become more accepted and generally available. In October 2018, Acceleware entered into an agreement with

AMD Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. While it initially manufactur ...

to provide them with Software Engineering Expertise and Consulting Services. In November 2019, Acceleware secured an investment from a Calgary-based oil sands producer for the RF XL pilot test of its radio frequency heating system. During the

COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...

, Acceleware participated in the Faster, Together campaign to increase acceptance of

COVID-19 vaccine A COVID19 vaccine is a vaccine intended to provide acquired immunity against severe acute respiratory syndrome coronavirus 2 (SARS‑CoV‑2), the virus that causes coronavirus disease 2019 ( COVID19). Prior to the COVID19 pandemic, an e ...

Milestones

2013

* Acceleware Reaches Milestone with 100th HPC Programming Course

2012

* Acceleware releases high-performance TTI AxRTM. A 2.5x improvement in speed over previous TTI AxRTM * Acceleware introduces C++ AMP training courses in partnership with Microsoft * Acceleware surpasses 90 training classes held, to over 1000 students

2010

* Appointment of Geoff Clark as CEO * Acceleware partners with Crosslight * Acceleware partners with Paradigm

2009

* Acceleware offers professional code-porting and training services

2008

* July – Acceleware undergoes a management restructuring and a major downsizing due to poor market conditions * March – Acceleware enters the image reconstruction market * January – Acceleware enters the seismic migration market

2007

* January –

Nvidia Nvidia CorporationOfficially written as NVIDIA and stylized in its logo as VIDIA with the lowercase "n" the same height as the uppercase "VIDIA"; formerly stylized as VIDIA with a large italicized lowercase "n" on products from the mid 1990s to ...

invests $3 million in Accelware

2006

* January – Acceleware goes public on the TSX Venture Exchange (Symbol: AXE)

2005

* Accelerator V1.0 is launched at IEEE MTT-S IMS for the electromagnetic simulation market

Acceleware Products

Acceleware products are software libraries created to utilize the parallel processing capabilities of

GPUs to allow consumers to process difficult simulations, migrations, and other engineering tasks. They are offered as an SDK/API to software integrators or as a plug-in option to end users.

References

{{Reflist Companies listed on the TSX Venture Exchange Companies based in Calgary GPGPU