Seagate has announced the fastest solid-state drive (SSD) in the world, which is capable of transferring data at up to 10GB/s.

The company has not detailed the read and write rates but it suggests that the new SSD is about 4GB/s faster when compared to the previously fastest SSD in the market.

"Your data is only as good as how easily you can access it and put it to use," says Brett Pemble, Seagate's general manager and VP of SSD Products. "Seagate is committed to providing the full spectrum of technologies to help meet the diverse needs of organizations so they can unlock this value."

Pemble says that the SSD can be used for business application as well as consumer cloud. The SSD is aimed at improving the increasing demand for fast access to data.

Companies like YouTube, Netflix, Hulu and more are looking for ways of maximizing the speed at which they deliver content to users. Previously these companies could get up to 6GB/s data throughput; however, the new SSD is capable of delivering up to 10GB/s.

The data storage company says that the latest SSD is based on the non-volatile memory express (NVMe) interface, which was developed by a cooperative of over 80 companies and released in March 2011.

The NVMe specifications are beneficial as it reduces the layers of commands that are present in several other standards like serial ATA (SATA), for creating a simple and faster language amongst flash devices.

The Nytro XP6500 flash accelerator card was Seagate's previous fastest SSD. It has an 8-lane PCIe SSD, which had up to 4TB capacity and 4GB/s data transfer speed.

Seagate's new 10GB/s SSD technology houses 16-lane PCIe slots. The company is also working on another 8-lane PCIe slot unit, which will performs at up to 6.7 GB/s and will be the fastest in the 8-lane card category.

The 8-lane and 16-lane SSDs with high data transfer speed has been made available to the company's Seagate original equipment manufacturers (OEM) and both of them are estimated to be commercially available this summer.

SSD is one of the significant components of a modern gaming PC. Applications and operating systems stored in SSD load very fast and a faster SSD means boost in performance. Some experts consider SSDs more reliable and faster than hard disk. Seagate hopes that its new SSD will be welcomed well in the gaming industry.

The company has not yet confirmed the price of the new SSD but customers can expect a premium price tag for Seagate's fastest SSD ever.

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