Saturday, October 19, 2013
Opportunity Exists At Fusion-io Only If It Can Execute
Plenty of opportunity exists for Fusion-io (FIO) to be a major winner, but the company must improve execution. The potential to replace hard disk drives (HDDs) with flash-storage is enormous, but the company continues to spend too much on attracting new customers to generate much in the way of profits.
Fusion-io aims to deliver the world's data faster via platform and defined storage solutions that accelerate virtualization, databases, cloud computing, big data and performance applications. It has long been primarily focused on Apple and Facebook as customers, but it has spent the last year transitioning to more enterprise and other hyperscale customers for diversification. Has the company finally reached the next growth phase that will push the stock higher?
Read the full article at Seeking Alpha.
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