We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Broadcom Showcases NVMe/FC Solution With VMware & NetApp
Read MoreHide Full Article
Broadcom Inc. (AVGO - Free Report) is showcasing a new Non-Volatile Memory Express (“NVMe”) over Fibre Channel (“NVMe/FC”) offering along with Vmware and NetApp (NTAP - Free Report) in NetApp Booth 1036 at VMworld 2018.
Per the press release, the new offering provides high level of storage performance essential for emerging technologies, like artificial intelligence (“AI”) real-time analytics, deep learning (“DL”), machine learning (“ML”) and other mission-critical applications.
The latest NVMe/FC solution runs on VMware’s vSphere server virtualization software. The demonstration leverages Broadcom’s Emulex LPe32002 Gen 6 HBAs and Brocade Gen 6 switch compatible with vSphere code’s pre-release version. The new solution is powered by NetApp’s AFF A300 all-flash array compatiblewith pre-release ONTAP.
Given the rapid adoption of emerging technologies, emergence of NVMe as a robust storage solution is expected to transform the future of storage. We believe it’s a win-win situation for all the three companiesinvolved.
Notable Benefits
The three distinguished names in their respective fields are coming together to offer a robust storage solution delivering high performance essential for enterprise on-premise storage area network (“SAN”) users.
Per a Demartek report, the new NVMe/FC solution offers 30% lower latency and 50% more input/output operations per second (“IOPs”) compared with aSmall Computer System Interface (“SCSI”) storage solution leveraging NetApp’s AFF A700 array.
The new solution has capability of handling the scalability requirements of next-generation applications.
The new NVMe/FC with concurrent SCSI support enables the customer to extend the use of its existing SAN architecture for meaningful applications. Additionally, the new solution offers a robust secure fabric platform suitable for handling mission-critical data.
Broadcom’s strong ties with leading OEMs across multiple target markets are expected toaid it in gaining key insights into the requirements of customers.
We believe that the company’s extensive product portfolio, which serves multiple applications within four primary end markets (Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other), will help it in gaining competitive edge over the long haul.
Although estimates have been stable ahead of company’s third-quarter fiscal 2018 results, the company has a positive earnings surprise history in the trailing four quarters.
Zacks Rank & Key Pick
Broadcom carries a Zacks Rank #3 (Hold).
You may consider a better-ranked stock, Mellanox Technologies , from the same industry. The company has a long-term EPS growth rate of 15%. It sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
Broadcom Showcases NVMe/FC Solution With VMware & NetApp
Broadcom Inc. (AVGO - Free Report) is showcasing a new Non-Volatile Memory Express (“NVMe”) over Fibre Channel (“NVMe/FC”) offering along with Vmware and NetApp (NTAP - Free Report) in NetApp Booth 1036 at VMworld 2018.
Per the press release, the new offering provides high level of storage performance essential for emerging technologies, like artificial intelligence (“AI”) real-time analytics, deep learning (“DL”), machine learning (“ML”) and other mission-critical applications.
The latest NVMe/FC solution runs on VMware’s vSphere server virtualization software. The demonstration leverages Broadcom’s Emulex LPe32002 Gen 6 HBAs and Brocade Gen 6 switch compatible with vSphere code’s pre-release version. The new solution is powered by NetApp’s AFF A300 all-flash array compatiblewith pre-release ONTAP.
Given the rapid adoption of emerging technologies, emergence of NVMe as a robust storage solution is expected to transform the future of storage. We believe it’s a win-win situation for all the three companiesinvolved.
Notable Benefits
The three distinguished names in their respective fields are coming together to offer a robust storage solution delivering high performance essential for enterprise on-premise storage area network (“SAN”) users.
Per a Demartek report, the new NVMe/FC solution offers 30% lower latency and 50% more input/output operations per second (“IOPs”) compared with aSmall Computer System Interface (“SCSI”) storage solution leveraging NetApp’s AFF A700 array.
The new solution has capability of handling the scalability requirements of next-generation applications.
The new NVMe/FC with concurrent SCSI support enables the customer to extend the use of its existing SAN architecture for meaningful applications. Additionally, the new solution offers a robust secure fabric platform suitable for handling mission-critical data.
Broadcom Limited Price and Consensus
Broadcom Limited Price and Consensus | Broadcom Limited Quote
To Conclude
Broadcom’s strong ties with leading OEMs across multiple target markets are expected toaid it in gaining key insights into the requirements of customers.
We believe that the company’s extensive product portfolio, which serves multiple applications within four primary end markets (Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other), will help it in gaining competitive edge over the long haul.
Although estimates have been stable ahead of company’s third-quarter fiscal 2018 results, the company has a positive earnings surprise history in the trailing four quarters.
Zacks Rank & Key Pick
Broadcom carries a Zacks Rank #3 (Hold).
You may consider a better-ranked stock, Mellanox Technologies , from the same industry. The company has a long-term EPS growth rate of 15%. It sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>