Mechanical disks have moving parts (Spinning rust!!):
On mechanical disk time to service one random IO = average latency (half a rotation of disk)
+ seek time
+ transfer time.
Hence IOPS = 1000ms / time to service one random IO.
Flash storage has no moving mechanical components, flash is resistant to shock. They are made up of NAND based flash memory. NAND flash can be SLC, MLC or eMLC and these solid state chips have different charactericits, most important endurance of Program/Erase (P/E) cycles which limit the lifetime of the SSDs:
Flash storage consists of NAND chips and controllers:

Characteristics of different flash NAND chips:
Flash storage can be:
a) SSD disk (in example below with SATA connector) - easy transition as same form factor
and same interface as traditional mechanical disk drives


b) PCIe based flash (much higher bandwidth than SSDs)

c) Flash arrays engineered from ground up (in example below Violin Memory)
Here are some typical figures 2.5" SFF disks:
| Device | Type | Rule of thumb IOPS | Interface | Example cost | Cost/GB | Cost/IOPS | Endurance |
| 7,200 rpm SATA drives | HDD | 80 | SATA 6 Gb/s | $249 for 1TB Seagate Constellation.2 | $0.24 | $3.11 | 5 years* |
| 10,000 rpm SAS drives | HDD | 140 | SAS 6Gb/s | $409 for 600GB Seagate Savvio 10K.5 | $0.68 | $2.92 | 5 years* |
| 15,000 rpm SAS drives | HDD | 180 | SAS 6Gb/s | $349 for 300GB Seagate Savvio 15K.3 | $1.16 | $1.94 | 5 years* |
| MLC SSD drives | SSD | 8,000+ | SAS/SATA 6 Gb/s | $589 for 512GB SAMSUNG 840 Pro | $1.15 | $0.07 | 5,000 P/E cycles |
| eMLC SSD drives | SSD | 8,000+ | SAS/SATA 6 Gb/s | $1788 for 200GBHDS SSD400M | $8.94 | $0.22 | 30,000 P/E cycles |
| eMLC SSD drives | SSD | 8,000+ | SAS/SATA 6 Gb/s | $1099 for 400GBIntel DC S3700 | $2.75 | $0.14 | 30,000 P/E cycles |
| SLC SSD drives | SSD | 8,000+ | SAS/SATA 6 Gb/s | $2399 for 480GB OCZ Deneva 2 | $12 | $0.3 | 100,000 P/E cycles |
Just for interest here are Dell's storage options:
All vendors now have competitive SSD storage options.
Flash storage will soon replace mechanical disks for most applications that require high performance as prices are dropping fast. See example below of 512GB SSD compared to mechanical disk:
http://www.storagenewsletter.com/news/marketreport/when-will-ssd-have-same-price-as-hdd-priceg2
RAID Calculator:
www.vclouds.nl/wp-content/uploads/2012/04/RAID_spindle_calculator.xls
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