Wednesday, January 1, 2014
Is Nimble Really a Better Storage Play Than Violin?
Recent IPOs in the enterprise flash-storage segment have had very different trading outcomes. The more recent IPO of Nimble Storage (NYSE: NMBL ) performed much better than expected, while Violin Memory (NYSE: VMEM ) pretty much tanked a few months prior.
The companies offer different paths to solve the growing complexity of data-storage requirements of enterprises and data centers. The traditional disk-storage systems aren't adequate enough to meet the storage and performance requirements of the modern data world. The data-storage industry is estimated by IDC and Gartner to reach approximately $63.8 billion for both storage systems and software by 2017. Nimble estimates that the addressable market for its services will reach more than $35 billion by 2017, based on IDC estimates.
Read the full article here.
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