Benefits of Single GPUs
The GeForce GTX 690 and the GeForce GTX Titan paint an interesting picture if you just consider them against each other. Both cards will cost you a cool $999, but offer very different hardware configurations. The GTX 690 is a dual-GK104 product with 4GB of total frame buffer and 2GB for each GPU; essentially slightly slower GTX 680s in SLI. The GTX Titan is a totally different beast with a single, larger GK110 GPU (2,688 cores in a single GPU, 1,536 in each GK104) and a larger 6GB frame buffer. When it launched many people complained that the GTX Titan was overpriced because it offered lower performance than the GTX 690 - which shows to be the case in most of our FRAPS benchmarks and even the observed FPS data.
What you might not have seen before though is what happens when we crank up the resolution to triple monitor setups - our 5760x1080 benchmarks. In those cases, pretty much across the board, we found that the GTX Titan was able to produce much more smooth and consistent frame times compared to the GTX 690. This is likely a combination of both the large frame buffer of the Titan, (triple the memory) as well as not having the need to worry about balancing frames across multiple GPUs and doing any kind of frame metering. When the GTX 690 is running games at higher settings on 5760x1080, it struggles to keep up.
NVIDIA's GeForce GTX 690 and GTX Titan present another debate though on the issue of single versus multi-GPU options. In our testing the GTX 690 definitely introduces more frame time variance than the GTX Titan, but the cards are so fast as it is that running the GTX 690 at single monitor resolutions like 1920x1080 and 2560x1440 don't cause a big enough problem to be a factor, thus giving it the edge because of the higher average frame rates. The GTX Titan is a powerful card and performs admirably in the single display testing but it really stands away from the GTX 690 on multi-monitor resolutions like 5760x1080 where the 6GB frame buffer can help a TON. Not having to worry about moving frames between GPUs at that resolution also helps produce a smoother animation as well. If you are buying a $1000 card and you think you might want to run NVIDIA Surround, then the GTX Titan is your better solution.