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MaxLinear announces production availability of Panther III storage accelerator OCP adapter card
High-performance storage accelerator provides 200Gbps throughput and is scalable to 3.2Tbps CARLSBAD, Calif.--(BUSINESS WIRE)-- MaxLinear, Inc. (Nasdaq:
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[{"type":"text","content":"\n\nHigh-performance storage accelerator provides 200Gbps throughput and is scalable to 3.2Tbps\n\n\n\n CARLSBAD, Calif.--(BUSINESS WIRE)--\nMaxLinear, Inc. (Nasdaq: MXL), a leader in data storage accelerator solutions, today announced the production-release of the OCP 3.0 storage accelerator adapter card for Panther III. The ultra-low latency accelerator is designed to quicken key storage workloads, including database acceleration, storage offload, encryption, compression, and deduplication enablement for maximum data reduction. The Panther III OCP card is ideal for use in modern data centers, including public to edge clouds, enterprise data centers, and telecommunications infrastructure, allowing users to access, process, and transfer data up to 12 times faster than without a storage accelerator. The OCP version of the card is available immediately with a PCIe version available in Q3 2023.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230807363424/en/MaxLinear announces production availability of Panther III storage accelerator OCP adapter card. (Business Wire)\n“In an era where the amount of data generated exceeds new storage installations by multiple fold, Panther III helps reduce the massive storage gap while improving TCO per bit stored,” said Dylan Patel, Chief Analyst at SemiAnalysis.\n\n\nThe increasing adoption of cloud-based services and construction of new hyperscale facilities are leading to strong growth in the market. IDC estimates that the worldwide installed base of data storage capacity will grow nearly 17% this year to 6.8 zettabytes (ZB), and grow at a compound annual growth rate of nearly 18% through 2024. Related forecasts from IDC show that the amount of data being stored – also called “utilized storage” – is expected to grow at a 20.4% CAGR through 2024, topping out at 8.9 ZB that year.\n\n\nAt the heart of this growth is a significant rise in Internet of Things (IoT) devices, artificial intelligence (AI) applications in high-performance computing (HPC) data centers, an increase in the number of companies offering machine learning (ML), increased demand for consumer-driven data, and increased demand for application performance.\n\n\n“Data storage capacity continues to double every three years and with the deployment of higher throughput NVM...