To the extent 2011 sees lower year-over-year growth than originally forecasted, we would expect to see that demand pushed into 2012, because of the fundamental drivers, from the standpoint of expansion of network services, the cloud and new applications for NAND flash memory in PCs will continue to evolve and drive the industry.

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Going forward, LSI is firmly established as a central player in some of the most critical growth trends in computing, including cloud, Big Data, mobile networking and flash, with products that are bringing exciting new levels of speed and productivity to our customers.

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Back then the company was known as iSwifter, offering a flash-based iOS app focused predominately on cloud-based delivery of casual and social games.

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While the market for regular computers has certainly been impacted by smartphones, tablets and other thin clients that are served by massive data centers through the cloud there is still a market for faster personal computers using flash memory (especially in combination with HDDs).

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In addition, the data delivery systems (in the internet cloud) that serve the thin client model would also benefit with a tier of fast flash memory for rapid playout of content to the thin clients.

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"By making ioScale available to growing webscale and emerging cloud companies, Fusion-io is at the forefront of the transition to the all-flash hyperscale datacenter, powered by open software defined solutions, " said David Flynn, Fusion-io CEO and Chairman.

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Flash memory in enterprise applications is enabling new capabilities in enterprise storage and is an enabler of cloud storage offerings.

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Cloud is also driving evolutionary change in its components, like server microvisors for stronger security, low cost Flash storage for large data sets and energy-saving chips.

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