AbstractWe present an annual international Young Scientists Conference (YSC) on computational science http://ysc.escience.ifmo.ru/, which brings together renowned experts and young researchers working in high-performance computing, data-driven modeling, and simulation of large-scale complex systems. The first YSC event was organized in 2012 by the University of Amsterdam, the Netherlands and ITMO University, Russia with the goal of opening a dialogue on the present and the future of computational science and its applications. We believe that the YSC conferences will strengthen the ties between young scientists in different countries, thus promoting future collaboration. In this paper we briefly introduce the challenges the millennial genera...