Flash-Based Data Storage is Growing Faster Than Anticipated
EMC, Pure Storage boosted by flash demand
Rows of fibre optic cables are seen feeding into computer server inside a comms room at an office in London, U.K.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
The Cord Blood Registry, used by parents to collect newborn stem cells for future medical treatments, plans to save half a million dollars by improving its storage know-how—not of blood, but digital data.
The registry is moving its data to Pure Storage Inc.'s flash-based storage machines, which stash information on chips instead of hard drives with spinning magnetic disks, helping to analyze customer records 35 percent faster. Money-losing Pure filed for an initial public offering on Wednesday, saying that sales more than quadrupled to $174 million in the fiscal that ended in Janurary.