SUMMARYIn wireless communication, Viterbi decoding algorithm (VDA) is the one of most popular channel decoding algorithms, which is widely used in WLAN, WiMAX, or 3G communications. However, the throughput of Viterbi decoder is constrained by the convolutional characteristic. Recently, the three‐point VDA (TVDA) was proposed to solve this problem. In TVDA, the whole procedure can be divided into three phases, the forward, trace‐back, and decoding phases. In this paper, we analyze the parallelism of TVDA and propose parallel TVDA on the multi‐core CPU, graphics processing unit (GPU), and field programmable gate array (FPGA). We demonstrate approaches that fully exploit its performance potential on CPU, GPU, and FPGA computing platforms. For CPU platforms, we perform two optimization methods, single instruction multiple data and multithreading to gain over 145 × speedup over the naive CPU version on a quad‐core CPU platform. For GPU platforms, we propose the combination of cached memory optimization, coalesced global memory accesses, codeword packing scheme, and asynchronous data transition, achieving the throughput of 404.65 Mbps and 12 × speedup over initial GPU versions on an NVIDIA GeForce GTX580 card and 7 × speedup over Intel quad‐core CPU i5‐2300, under the same manufacturing year and both with fully optimized schemes. In addition, for FPGA platforms, we customize a radix‐4 pipelined architecture for the TVDA in a 45‐nm FPGA chip from Xilinx (XC6VLX760). Under 209.15‐MHz clock rate, it achieves a throughput of 418.30 Mbps. Finally, we also discuss the performance evaluation and efficiency comparison of different flexible architectures for real‐time Viterbi decoding in terms of the decoding throughput, power consumption, optimization schemes, programming costs, and price costs.Copyright © 2013 John Wiley & Sons, Ltd.