Clouds, Multicore and Grid technologies will enhance scientific discovering in both simulation and the rapidly expanding data analysis area. This workshop will cover FutureGrid, a new component of TeraGrid, funded by the National Science Foundation and led by Indiana University along with nine partner sites. FutureGrid will develop a distributed test-bed where new approaches to scientific computing can be developed that exploit clouds, grids and parallel computing with large numbers of distributed multicore nodes. The workshop will also cover new MapReduce-related technologies and their application to several biomedical applications including gene sequencing, relating Patient health to the environment and mapping PubChem data to low dimensions.