Feeds

Storage co. ups profit forecast

Recession? What recession?

3 Big data security analytics techniques

STEC investors have reasons to be cheerful - the SSD supplier favoured by most enterprise array suppliers, has just announced it expects to sell a boatload more SSDs this year than it thought. More revenue equals a more valuable company equals higher stock prices equals happy investors.

Back in May STEC had thought it would earn $68m - $70m in its second quarter. Now, seeing higher sales of its ZeusIOPS SSDs, it reckons it will make $82m to $84m. ZeusIOPS sales alone were thought to amount to $65m in the first half of the year but are now reckoned to go past $80m.

STEC's SSD stream is turning into a river. EMC is apparently selling a lot of them and IBM is thought to be another good channel. HP has taken them for its EVA arrays. STEC OEM Compellent has just announced that a UK customer, the London Borough of Hillingdon, is adding SSDs to its SAN.

Compellent queried attendees at its C-Drive 2009 event in May, and found that when it asked, "what is your level of interest in evaluating SSD in your environment?", 91 per cent of business partners and 78 per cent of customers responded important, very important or critical.

After STEC reached a billion dollar market capitalisation recently the share price fell back as analysts thought it might be overblown. Not any more, and STEC is now being valued at $1.11bn with a $22.88 share price.

It's making this hay while the sun shines because no other supplier is in any position to offer equivalent fast, long-life solid state drop-in replacements for Fibre Channel and SAS drives in enterprise arrays. Although WD is now shipping its own SSDs, it's not punting them into STEC's market. Seagate still doesn't have a product. SandForce claims it has a great controller but no one has publicly admitted to using it. Intel has won a few adherents, including the Dell EqualLogic design win, but it is small potatoes next to the massed ranks of STEC fans.

There are rumours of another enterprise array SSD supplier emerging later in the year, but until then STEC is the only game in town and looks to be raking the rewards in. ®

SANS - Survey on application security programs

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Kingston DataTraveler MicroDuo: Turn your phone into a 72GB beast
USB-usiness in the front, micro-USB party in the back
AMD's 'Seattle' 64-bit ARM server chips now sampling, set to launch in late 2014
But they won't appear in SeaMicro Fabric Compute Systems anytime soon
Brit boffins use TARDIS to re-route data flows through time and space
'Traffic Assignment and Retiming Dynamics with Inherent Stability' algo can save ISPs big bucks
Microsoft's Nadella: SQL Server 2014 means we're all about data
Adds new big data tools in quest for 'ambient intelligence'
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.