Mellanox (MLNX) Launches Ethernet-Based Mellanox Onyx
Zacks Investment Research | Mar 06, 2018 09:57PM ET
Mellanox Technologies, Ltd. (NASDAQ:MLNX) recently unveiled a Spectrum-based Ethernet Network Operating System (OS) called Mellanox Onyx. This release places Mellanox as a leading Ethernet-based interconnect applications solution provider for futuristic data centers.
With rich Layer-3 feature set plus robust control plane and 64-way ECMP support, Mellanox Onyx provides “flexibility of a completely open container-based framework”. Customers can customize and optimize the network to their specific needs. Succeeding MLNX-OS, Onyx offers easy accessibility, provisioning, automation, telemetry, enhanced network visibility and managerial capabilities.
Like the other members of Spectrum switches, the new Mellanox Onyx is an ideal choice for hyper converged and storage infrastructures, due to the system's unique hardware design, high performance ASIC, and superior price performance.
Ethernet Switches & Interconnect Gain Rapid Adoption
According to a recent report by IDC, the service provider router and carrier Ethernet switch industry has witnessed a successful first quarter of 2017. The success is primarily attributed to strong demand from cloud service providers and the digital transformation imperative. Revenues for the worldwide Ethernet switch market (Layer 2/3) were $5.66 billion, up 3.3% year over year.
Market research firm IDC forecasts that by 2025, the global data sphere will grow to 163 zettabytes (that is a trillion gigabytes), which is ten times the 16.1 zettabytes (ZB) of data generated in 2016. This exponential growth bodes well for Mellanox’s interconnect solutions& Ethernet Switches owing to growing demand for higher network speeds for fast processing of data.
Strong Performance Indicators
Shares of Mellanox have gained 42.2% in the last year, outperforming the Zacks Investment Research
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