Flash memory prices to halve over 18 months: IBM
CNATAIPEI--Flash memory products are likely to see a sharp price decline over the next 18 months, drawing more enterprises to adopt the super-fast storage technology, American technology firm IBM Corp. said yesterday.
January 31, 2013, 12:06 am TWN
Kurt Bilderback, vice president of Flash Storage Global Solution Sales at IBM's Systems and Technology Group, said most companies are still evaluating whether they should use flash memory systems, because of the relatively high costs.
Based on the cycle of technology development, however, the prices of flash memory are forecast to have dropped by as much as 50percent in around 18 months, making it easier for companies to adopt the system, Bilderback told CNA in an interview.
IBM announced in August last year that it was acquiring Texas Memory Systems Inc. (TMS), a high-end enterprise storage technology provider, to expand its storage offerings.
Following the acquisition, IBM plans to invest in and support the TMS product portfolio, and will look to integrate TMS technologies into a variety of solutions.