Dia:
SanDisk is well-positioned to grab the opportunity with its upcoming and existing SSD solutions, which are not only competitive but also cost effective.
Leanna:
In order to achieve this, in the second quarter it has introduced a 15 nanometer based 2 terabyte SATA SSD.
Nakisha:
Despite the advent of PCIe SSDs, the company wants to remain equally competitive in the SATA market as before.
Diedra:
However, with PCIe SSDs offering much higher speed at a much lower cost, the prevailing market trend is bound to change from 2016 onwards.
Arica:
Earlier the company anticipated that revenue growth will be softer in enterprise SSDs with low-end SATA-based enterprise-grade SSDs becoming popular.
Teresa:
Revenue declined primarily due to lower than expected demand in the enterprise market and supply bottlenecks as a result of rebuilding inventory.
Ermelinda:
Although SanDisk will not get the first-mover advantage here, it will certainly emerge as a strong player in the NVMe space with its array of enterprise flash hardware and software solutions.
Jillian:
The enterprise PCIe market is expected to witness significant expansion in the next three years or so with the introduction of NVMe (non-volatile memory express) infrastructure.
Shenika:
The software will further boost the performance of Fusion ioMemory PCIe application accelerators.
Sanda:
SanDisk recently launched FlashSoft caching software which helps reduce storage latency of flash storage in servers.
Sandisk Corp. (NASDAQ:SNDK)
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