More than a quarter of IT executives that use high-performance computing (HPC) plan to introduce private clouds this year, with cost reduction and application workload demand acting as the main reason for adopting the cloud.

That's according to new research from grid specialist Platform Computing, after it surveyed 103 IT executives at the International Supercomputing Conference (ISC) in June and found that 28 percent were going down the private cloud path.

Two thirds, or 67 percent, said they are planning to run simulation and modeling applications over the cloud, highlighting the need for greater computing power for intensive tasks. 32 percent of respondents said they were considering web services as a potential area for private cloud use, while 18 percent cited business analytics.

And it seems that IT executives are positive about the benefits of the technology, with most (41 percent) citing 'improving efficiency' as the biggest motivation for establishing a private cloud. This was followed by 'resource scalability' (18 percent), 'cutting costs; (17 percent), 'experimenting with cloud computing' (15 percent) and 'improving IT responsiveness' (9 percent).

According to Platform, the compute-intensive nature of HPC applications lends themselves to the benefits of shared resource pools of private clouds.