Silver lining from Thai flooding’s dark clouds
June 23, 2012 Comments Off on Silver lining from Thai flooding’s dark clouds
Back in November, I wrote about the impact of the devastating Thai floods. Many disk drive factories were damaged or destroyed, and the price of hard drives rose accordingly. A few weeks ago, I speculated that these tragic events might spur innovation (and price cutting) in the solid-state disk (SSD) market, and it looks like this might be coming to pass.
Geoff Gastor over at The Tech Report has done a great job crunching data from Camelegg and analyzing SSD price trends, and the results are impressive:
The current generation of solid-state drives is cheaper than ever, with multiple models living comfortably below the dollar-per-gigabyte threshold.
This is great news for cloud computing, Big Data, analytics, and anything else that requires fast access to lots of data. And given that Apple and many other hardware vendors are moving towards SSD-only storage options, it seems likely that these trends will continue.