Facebook expands server farm in Sweden
Facebook to build new data center at its first non-US server farm site in Sweden
2 hours ago
STOCKHOLM (AP) -- Facebook plans to build a new data center at its server farm in northern Sweden, less than a year after opening the plant, its first outside the United States.
The company said Friday that the center in the northern city of Lulea will use new technology that will double the speed of construction, including pre-made modular sections that are assembled on-site.
In June 2013, Facebook inaugurated the Lulea plant in a move to improve the social network's performance in Europe. It partly chose the location of the northern city because of the cold climate, which is crucial for maintaining the servers' temperature
The energy production boom in the United States over the last seven years has led to a very interesting and dynamic relationship between natural gas and crude oil. From the vantage point of units of energy, the price spread between natural gas and crude oil is significant, with natural gas giving a lot more energy bang per buck compared to oil. In BTU terms, $1 of natural gas can obtain 200,000 units of energy (at a spot rate of $5/million BTU) compared to $1 of WTI oil which garners 60,000 units of energy (at a spot rate of $97/barrel). This is a whopping 330% energy content price gap - even after the polar vortex and deep freeze have raised natural gas prices.
Water isn't the only resource running short in California. The drought-stricken state is also low on natural gas.
With a move that usually comes in the height of summer when temperatures are soaring and air conditioners blasting, Californians were urged to voluntarily cut their electricity use after frigid weather across the U.S. and Canada caused a shortage of natural gas at Southern California power plants.
The so-called Flex Alert, in which residents are asked to turn off unneeded lights, avoid using large appliances or equipment, and turn off electrically powered heaters, was allowed to expire at 10 p.m. Thursday, nine hours after it began.
Sentiment: Strong Buy
An unexpected fear haunts the land of the shale bonanza story: running low on natural gas.
Furnaces, utilities and power plants have guzzled trillions of cubic feet of the fuel as the U.S. slogs through what may be recorded as the coldest winter since the invention of gas futures in 1990.
Hedge funds are now betting the country will face a critical shortage before spring. The wager comes with long odds but a huge possible payout
Sentiment: Strong Buy
Seagate needs FIO to keep up its Growth
After the market closed yesterday, Fusion-io (NYSE: FIO) beat the consensus estimates on both EPS and revenue. This morning, analysts at Craig Hallum upgraded shares from Hold to Buy with a price target increased to $18 from $12. The analysts noted that there is a 50 percent chance that the company will be acquired in the near term. Shares gained 13.56 percent, closing at $10.70.
Looking Good with lots of mo mo
Our balance sheet remains healthy. We added $19 million in cash in the quarter, bringing our total cash and cash equivalents balance to $244 million. This sound financial position enables us to continue invest, innovate and execute on our business plan.
Fusion-io is partnering with Sqrrl, a software provider, to accelerate big data workloads. Sqrrl's big data platform, Sqrrl Enterprise, is powered by Apache Accumulo and Hadoop, which will be integrated with Fusion ioMemory. This will scale up big data systems to increase performance by up to ten times. Traditional Accumulo used DRAM, which was costly and limited in the number of DRAMs that could be added to any systems. During testing, the combined system of Sqrrl and Fusion-io averaged 48,000 transactions per second compared to just 4,759 transactions per second with DRAM and disks. Thus, high performance and low cost will significantly reduce capital and operational costs associated with DRAM and disks.
In server benchmarking reporting, nine out of ten OEM partners have used Fusion's ioMemory signifying its popularity among its OEM partners. Along with existing partners, Fusion-io has been also forging a new OEM partnership with Fujitsu. This will provide some relief and reduce its over-dependence on two of its biggest customers, Apple (AAPL) and Facebook (FB). These two combined, contributed around 50% of Fusion-io's total revenue last year, and their reduced investment in Fusion-io's products is hurting the company's revenue. Fusion-io continues to grow in the enterprise market, evident from the demand of its top OEM partners, HP, IBM, and Dell, which each accounted for greater than 10% of total revenue.
IBM recently announced that it is now offering the IBM FlashCache Storage Accelerator, based on Fusion ioTurbine caching software solutions for virtual and bare metal caching, across its System x servers, BladeCenter servers and Flex System servers. IBM virtualization solutions powered by Fusion-io can be seen in IBM booth 1255 or at Fusion-io booth 1245 at VMworld 2013.
“Fusion-io is known for flash-powered acceleration, and the wide range of server solutions for applications running on vSphere® makes it simple for enterprises to achieve high performance virtualized infrastructure,” said Sanjay Katyal, vice president, Global Alliances and OEMs, VMware. “Performance is important for virtual environments, so having simple, integrated options for leading server solutions featuring vSphere and Fusion ioMemory can help enterprises be successful in virtualizing data-heavy workloads.”
Integrated into industry standard x86 servers, Fusion ioMemory supports multiple operating systems, including VMware vSphere, Windows, and Linux, and can be purchased from leading server systems vendors including Cisco, Dell, HP, IBM and resellers worldwide. Fusion ioMemory integrates with existing shared back end storage as well as the Fusion ION Data Accelerator and the Fusion ioControl hybrid storage solution.
Fusion-io Shares Respond to Needam's Call Stock Will Be a Top Pick in 2014
1:44p ET January 2, 2014 (Benzinga)
Shares of Fusion-io (NYSE: FIO) respond to Needham analyst Richard Kugele's report that shares are expected to outperform in the new year and is a top pick in 2014.
Kugele commented that Fusion-io will outperform as “1) a crowded short at 19% of the float, with more positive than negative catalysts, in our view; 2) new management with operational expertise; and 3) investor misconceptions around competition.” The analyst noted that he was originally skeptical on the company's ability to secure non-hyperscale data center volume and post performance metrics. Despite these doubts, Fusion-io has true IP and patents and is expected to continue to innovate. In addition, the analyst sees new CEO Shane Robison as a “deliberate executive, systematically transforming the once-frenzied start-up culture of FIO into a more operationally consistent tech leader.”
Kugele highlighted Fusion-io and Western Digital (NASDAQ: WDC) as the top picks in 2014. Needham has a Buy rating on Fusion with a $16.00 price target. Fusion closed at $8.91 on Tuesday and shares have traded as high as $9.82 today, up 10.21%.
IBM Introduces X6 Architecture, Optimizes x86-Based Servers for Cloud, Analytics
New Storage for cloud, analytics
IBM has announced the general availability of the new IBM FlashSystem 840. The new system provides nearly double the bandwidth and double the performance -- 1.1M IOPS -- of its predecessor, the FlashSystem 820 -- making it ideally suited for analytical databases, virtualization infrastructures, and public and private clouds.  Supporting up to 48 terabytes of usable capacity in a 2U unit, the all-Flash array also features IBM MicroLatency technology that significantly speeds data access times from milliseconds to microseconds (less than 135 microseconds) giving organizations faster actionable insights from real-time data analytics. In addition, a new management GUI - as well as datacenter-optimized features such as hot-swap components and concurrent code load - enable fast installation and easy management.
IBM also is introducing the FlashSystem Enterprise Performance Solution, which bundles the FlashSystem 840 and IBM System Storage SAN Volume Controller (SVC) technology. The solution includes a suite of advanced data management features ranging from Real-time Compression, snapshots, thin provisioning, VAAI, and application aware copies, to FlashCopy, and storage virtualization with IBM Easy Tier.
New SDE capabilities for cloud
IBM is strengthening its software defined environment (SDE) portfolio with the introduction of IBM Platform Resource Scheduler for private and hybrid IBM SmartCloud clients who want to accelerate time-to-results, improve infrastructure flexibility and reduce operating costs. IBM Platform Resource Scheduler provides a fully virtualized, open and programmable architecture that ensures enterprises are taking advantage of all available IT resources -- from application software licenses to available network bandwidth.
Integrated with OpenStack, this dynamic resource management tool provides a comprehensive set of intelligent, policy-driven scheduling features that automatically allocate the right resources to the right job, balances workload demand with infrastructure supply and ensures adherence to service level agreements, improving overall application performance and efficiency. The open and extensible architecture also allows enterprises to easily reconfigure and add customized policies to meet their specific sharing and scheduling needs.
Financing for cloud and analytics
IBM Global Financing has announced new financing offerings today to help clients quickly adopt new cloud and analytics solutions by helping reduce upfront costs and speed return on investment. Credit-qualified clients can obtain Fair Market Value leasing when acquiring X6 architecture solutions. Other offerings announced include 0-percent financing and deferred payments for 90 days when they acquire IBM PureSystems, SDE and Storage technology.