>Benifit from the computer science world's work. (...)
Sorry, isn't this a copy and paste from elsewhere? I'd bet I've seen this paragraph some time ago elsewhere.

Nevertheless, our task is not just to write codes that can be executed on the MIC. We must efficiently handle the large number of MIC cores on upcoming HPC systems. What makes the MIC so special is: (a) an increasing number of cores in the near future and, more importantly, (b) we can execute all our existing, highly optimized (vectorized) library codes (C, Fortran 77, IMSL, NAG, or whatever) on the MIC cores.
With that we may face two different main approaches for using such many-core hardware: Firstly, we may use massively increasing amounts of data to make better predictions (Big Data, weather forecasting, ...). And secondly, we may use the many cores to develop and program new algorithms to process small data in new ways: With an increasing number of MIC cores, evaluations based on ‘exact values’, as opposed to approximations, will become much more attractive. (Don't take the term ‘exact values’ to literally, in most cases these values are based on approximations as well). That is an important option in those situations where approximations are not available (which is the case with the more sophisticated statistical methods).
With today's Fortran, or with PGAS in general, we make a development (away from threading) towards merely (remote) data transfer (through PGAS memory). This allows to write the most sophisticated parallel codes with simple sequential syntax style and brings the amount of required codes for parallel computing to a minimum.
Sounds good so far? But the situation is not quite that simple: The (remote) data transfer must be synchronized, i.e. you can only consume the remotely transferred data after some synchronization point. The problem is, if the programmer wants to use the MIC cores efficiently, she/he will need to use some of the cores for distinct purposes and thus, execute distinct parallel codes with different synchronization points on them. This will almost certainly break with what is called ‘ordered execution segments’ (Fortran terminology). ‘Ordered execution segments’ are a very severe limitation for parallel code execution (more precisely: remote data transfer) that is not based on a restrictive programming language but due to some extreme limitation of upcoming HPC hardware. With unordered (user-defined) segment ordering the programer loses nearly all the remote communication channels among the involved cores. Then, the only way left to transmit values remotely are the atomic data types: (binary or integer) scalar values only. Until recently, I had not much hope to circumvent the limitations of such user-defined segment ordering using atomics and thus, not much hope to make efficient use of the MIC cores with current Fortran. Yet, we can not offer professional style programming techniques, but instead some simple, rudimentary Fortran techniques and ‘tricks’ to overcome the limitations of atomics: https://github.com/MichaelSiehl/Atomic_Subroutines--How_the_...
Anyone who complains or doubts about Fortran: Try this with your favorite parallel programming language or tool. cheers.