BCC Research expects this technology to be more disruptive to enterprise storage, enterprise servers and consumer electronics than flash memory, enabling a wave of innovation in those products.

It was the recent licensing agreement to manufacture NRAM commercially by the technology giant Fujitsu which first shifted BCC Research's market expectations of the decade old technology.

Masato Matsumiya, Vice-President of Fujitsu Semiconductor, commented, "The combination of Nantero's technology with our design and production capabilities promises to meet the longstanding needs of our customers for non-volatile memory that is higher density, faster, more energy efficient and with a higher rewrite cycle."