back to article Fallen flash star STEC sputters: We're cutting our OEM losses

STEC, the once high-flying Fibre Chanel SSD start-up star, is still losing millions, although not as many as before. Its third 2012 quarter numbers show revenues up sequentially. Revenues were $42.1m, 3.4 per cent higher than the second quarter but a whopping 41.9 per cent lower than the $72.5m recorded a year ago, as the chart …

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Overpriced products

My company looked at the ZeusIOPS as primary storage for our high-IOPS low-latency DB needs, but it is vastly overpriced (by a factor of 4x compared to competitive offerings), and we ended up going with SATA Crucial m4s for cache and PCIe Intel 910s for storage.

It's hard to see STEC surviving against well-entrenched competitors like Intel or Samsung who make their own flash chips. They coasted far too long on the fat margins from being the only SSD qualified for EMC arrays during EMC's own transition from spinning rust to solid state.

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