CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), is demonstrating an industry-transforming technology at this year’s Supercomputing 17, November 13-16 at the Colorado Convention Center. Supercomputing 17 is the leading worldwide high-performance computing event and Everspin Technologies, in conjunction with SMART Modular Technologies, will be demonstrating how the SMART Modular storage accelerator can drive up to a 9X improvement in lossless transaction logging over enterprise SSDs. Industries governed by regulations that demand immediate logging, such as the financial services industry, can see significant application performance increases as a result of the low latency that Everspin’s nvNITRO™ technology delivers.
SMART Modular Storage Accelerator Powered by nvNITRO
SMART Modular Technologies and Everspin Technologies will be demonstrating their storage accelerator in booth 273. The nvNITRO-based accelerator delivers higher performance for financial applications as demonstrated by a Java-based application that must record each transaction in a journal as many financial industry applications are required today due to governmental and industry regulations. The high performance and low latency of the nvNITRO technology enables that journal data to be written with significantly less latency, enabling the application to complete the log and then move forward to the next transaction where a standard enterprise SSD would still be waiting to write the log data. Inserting the nvNITRO technology into the transaction flow speeds up the writing so much that even multiple log entries could be completed by an nvNITRO accelerator before the SSD can even begin writing its first transaction data.
MRAM’s Persistence Safeguards Businesses by Protecting Critical Data from Loss
The persistence of MRAM helps ensure that all data being written is protected from loss without the need for batteries or supercapacitors. In the financial world, lost or missing data can ring up millions of dollars in regulatory fines or loss of business as customer confidence fades. The ever-persistent MRAM memory ensures that all data being passed through the nvNITRO device is protected at all times, immune to loss from power outages, surges, and spikes.
For a demonstration of this new technology, visit the SMART Modular Technologies’ demo in booth #273 at Supercomputing 17.
About Everspin Technologies
Headquartered in Chandler, Arizona, Everspin Technologies, Inc. is the worldwide leader in designing, manufacturing, and commercially shipping discrete and embedded Magnetoresistive RAM (MRAM) and Spin Transfer Torque MRAM (STT-MRAM) into markets and applications where data persistence and integrity, low latency, and security are paramount. With over 70 million MRAM and STT-MRAM products deployed in data center, cloud storage, energy, industrial, automotive, and transportation markets, Everspin has built the strongest and fastest growing foundation of MRAM users in the world. For more information, visit www.everspin.com.
Cautionary Statement Regarding Forward-Looking Statements
The statements in this press release regarding the development and production of Everspin’s MRAM solutions are forward-looking statements that are subject to risks and uncertainties. Risks that could cause these forward-looking statements not to come true include, but are not limited to: the risk that unexpected technical difficulties may develop in the final stages of development or production of these products; and that customers may not perceive the benefits of Everspin’s MRAM solutions to be as Everspin perceives them to be.