Privately-owned solid state storage vendor Fusion-io has filed for an initial public offering (IPO), hoping to cash in on the booming flash market. There are no details at all at the moment, other than that a filing with the SEC has been made with a notional $150m target. Goldman Sachs and Morgan Stanley are acting as lead …
A Xiotech view
Sent to me from Jim MacDonald, chief strategy officer of Xiotech:-
“The success of Fusion IO shows that there is a massive demand for application performance that cannot be fulfilled by traditional storage systems. It is interesting to note though that Fusion IO is not 2x or 5x but often 10x that of hard drive-based arrays, and there is a massive market in the “fast enough and large enough” space which remains largely untapped.”
“Fusion IO is a great technology for traditional data sets, where fast access times are critical. However given the growth of big data there is also a requirement for something that sits between the traditional arrays and the cache-like Fusion IO. This is also a huge growth space, and one in which Xiotech is proud to be leading the charge.”
“It’s important to note that while their name connotes a “Fusion,” Fusion-IO is pure cache. Its singular focus on performance is absolutely one that people need right now, but as Fusion IO attempts to reach new markets it will find that traditional storage features such as replication, clustering and high availability become more essential and these are not something that Fusion IO can add easily with their existing architecture. They also will face an increasing challenge in their core market by ever-decreasing DRAM prices.”
". It is interesting to note though that Fusion IO is not 2x or 5x but often 10x that of hard drive-based arrays, "
This does not make too much sense, seriously - what are you talking about, price? Or performance?
- Batten down the hatches, Ubuntu 14.04 LTS due in TWO DAYS
- FOUR DAYS: That's how long it took to crack Galaxy S5 fingerscanner
- Did a date calculation bug just cost hard-up Co-op Bank £110m?
- Feast your PUNY eyes on highest resolution phone display EVER
- Wall St's DROOLING as Twitter GULPS DOWN analytics firm Gnip