In today’s world when businesses require their machines to do unique tasks and more importantly handle loads of data, cloud and big data companies are trying their best to fulfill these demands. Case in point is Micron Technology (NASDAQ:MU), which is thought to have come up with the perfect storage device.

To give a background, our computers store recent memory also known as volatile memory, right next to the Central Processing Unit (CPU). The purpose for storing it nearby is that it can then be used when the PC is doing any processing. This memory is wiped out once the PC shuts down. Most computers and servers use Dynamic Random Access Memory (DRAM) for this type of memory but the DRAM is expensive. Another drawback is the fact that much as the current needs of the businesses demand them to store huge amounts of data on the DRAM, the memory runs a risk of heating and shutting down.

When your PC shuts down, the data is stored in permanent memory on flash memory drives in faraway areas in the CPU. Although it is cheaper and can store a lot of data, the key issue with this type of memory is that the data cannot be recovered quickly enough when one needs it a later time.

This is the challenge that most data storage and cloud computing firms face in the 21st century. Apparently, Micron has overcome this obstacle with its new device that is posed to make it big in the big data industry. The latest innovation by the company combines its existing DRAM chips with NAND flash chips with some circuit modifications to come up with a third logic chip that guides your data. The chip is called NVDIMM where the NV stands for Non-volatile. The interesting bit is the fact that even though it is NV, it is placed right beside the processor. It can store and process up to 8GB of data. The best part is that even if you face a power failure, the data is still intact. The offering can be fitted on to the DRAM module servers easily.

"Micron is delivering on the promise of persistent memory with a solution that gives system architects a new approach for designing systems with better performance, reduced energy usage and improved total cost of ownership," said Tom Eby, vice president for Micron's computer and networking business unit. "With NVDIMM, we have a powerful solution that is available today. We're also leading the way on future persistent memory development by spearheading R&D efforts on promising new technologies such as 3D XPoint™ memory, which will be available in 2016 and beyond."

According to Fortune, the company is looking to build a more capable 16GB version of the chip which is slated for a release in the first half of 2016. It adds that customers for this device could potentially include data giants such as the like of SAP SE ADR (NYSE:SAP), Oracle (NYSE:ORCL), Amazon (NASDAQ:AMZN), and Google (NASDAQ:GOOGL).<;/P>

Micron was in the news last month as well due to its launch of the XTRMFlash™ memory which is a faster solution compared to NOR flash memory widely available at the moment. The purpose of the device was for businesses to increase performance and system responsiveness in automotive, industrial and consumer applications. It even joined forces with Intel Corporation (NASDAQ:INTC) this September to come out with 3D Xpoint, a new flash memory technology.

The company, which was recently well poised to takeover SanDisk Corporation (NASDAQ:SNDK) is now rumored to be on China’s Tsinghua Unigroup Ltd.’s radar for an acquisition deal.

Micron stock could definitely use some positive investor sentiment as the stock is down almost 57% year-to-date (YTD). It closed at $15.55 after Tuesday’s trading. Business Finance News believes that NVDIMM could be the catalyst that the stock needs to recover some of its value before the year ends. The reason for this belief is simple and comes from the fact that if the innovation delivers on its promises then companies will line up to buy it one after the other. It has innovating products ranging from Volatile to Non-Volatile memory and could possibly end the year on a high note.

By: DocMemory
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