April 02, 2008
Texas Memory Systems, makers of the “World’s Fastest Storage” and leading supplier of enterprise-class solid state disks, was founded in 1978
Texas Memory Systems, makers of the World’s Fastest Storage™ today announced that it is celebrating its 30th year in business. The company was founded in 1978 to supply high performance computer memory products to the energy industry. Thirty years later, Texas Memory Systems is the leading manufacturer of solid state storage for business enterprises.
Today, IT departments in the financial, telecom, e-commerce, and online-gaming industries, as well as government, military, and research organizations, strategically use solid state disk to accelerate database-centric applications, such as those used for online transaction processing (OLTP), data warehousing, and batch processing because applications run faster on solid state disks.
“Many companies have come and gone in the SSD business over the last 30 years, so it’s not surprising that enterprises take a supplier’s longevity into account when considering technology partners. Companies need strategic relationships with vendors that are in it for the long haul,” said Mike Karp, senior analyst and storage practice leader at Enterprise Management Associates. “With Texas Memory Systems, innovative products and solid support have resulted in staying power."
Thirty years have seen marked changes in price, performance, and usage of solid state disks. In 1978, Texas Memory Systems introduced a 16 kilobyte RAM-based solid state disk system designed to accelerate field seismic data acquisition for oil companies. Oil prices dropped to $8 a barrel in the 1980s resulting in a steep drop in industry spending encouraging Texas Memory Systems to expand its reach into Government sectors with digital signal processors that incorporated solid state disk to boost performance. Advances in computing power, and the expansion of the digital economy have driven increased demand by enterprise applications for high performance storage. Because of this shift, in 2000, Texas Memory Systems introduced the RamSan line of solid state disk systems to accelerate commercial applications for the Enterprise. Today, RamSan systems are the dominant enterprise solid state disk used by major financial exchanges, banks, e-commerce and telecommunications firms across the world. The company’s solid state disk business has averaged over 40% growth per year for each of the last three years.
Texas Memory Systems is unique in the data storage technology sector. The company has a strong engineering focus and a clear mission of delivering the World’s Fastest Storage. It is a privately held company that does not rely on venture capital or debt. Its growth and innovation have been fuelled by its ability to consistently understand and meet customer needs with solid product offerings.
In 2004, Texas Memory Systems set its first world records with the Storage Performance Council, achieving 112,491.34 SPC-1 IOPS® (input/output operations per second) and an SPC-1 Price Performance® of $1.50. In February 2008, the company shattered its previous records with 291,208.58 SPC-1 IOPS® and an SPC-1 Price Performance of $0.67. In 2007, Texas Memory Systems was the first company to introduce an enterprise class Cached Flash RAM/Flash hybrid system, the RamSan-500. Such achievements underpin the value that customers can expect to derive from Texas Memory Systems’ leading edge technology. With the cost of memory falling, the economics of solid state disk continue to improve. Since 1978, the cost of a gigabyte of RAM SSD has dropped from $1M to $500.
“Everyone at Texas Memory Systems is now firmly focused on the next 30 years,” said Woody Hutsell, executive vice president at Texas Memory Systems. “Demand for solid state systems is growing rapidly as organizations look for faster software performance to handle more users and transactions. On the supply side, the cost of RAM and Flash components has fallen and hard disk drive performance has never kept pace with increasing CPU performance. The next 30 years look very promising.”
About Texas Memory Systems
Texas Memory Systems (http://www.texmemsys.com) manufactures the World's Fastest Storage™ and is the market leader in solid state disks (SSD). Their award winning RamSan line of solid state storage is used to accelerate enterprise applications like OLTP databases, batch processes, and data warehouses. Founded in 1978, they sell direct to large enterprise and government organizations. Texas Memory Systems' products are also available through OEM and reseller partners.
Texas Memory Systems, World's Fastest Storage and RamSan are trademarks or registered trademarks of Texas Memory Systems. All other trademarks belong to their respective owners.
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