2012 Cloud Computing Tech Stocks to Know
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A cloud, in case you've been living in one of them, isn't just a collection of vapors but the term for a group of server computers working together to supply vast computing power accessible via the Internet. As reported on Barron's, this year will see a substantial investment by Apple, Amazon and others to build out the cloud, requiring new types of server computers and the components that make them possible.
"Another young-ish firm worthy of note is 10-year-old OCZ Technology (OCZ), which went public in April of last year. It is giving Stec (STEC), the market leader, a run for its money selling storage drives made of flash-memory chips. It's another instance, as with Fusion-IO, of how those little memory chips are taking over the world. Corporate-computing facilities, and especially cloud-computing facilities, increasingly are looking to flash drives to speed up performance.
"Unlike Fusion-IO, OCZ, at a recent price of $6.61, fetches a more reasonable multiple of 11.8 times the projected 56 cents a share in profit it might produce in the fiscal year ending in February 2013."
Solid state disks (SSDs) made a splash in consumer technology, and now the technology has its eyes on the enterprise storage market. Download this eBook to see what SSDs can do for your infrastructure and review the pros and cons of this potentially game-changing storage technology.
