The company's software provides a logical convergence layer that utilizes Intel's new memory-storage medium to enable data-intensive workloads such as AI, machine learning, big data analytics, IoT, and data warehousing with data consistency across multiple systems. MemVerge aims to open the door to Big Memory Computing via the Memory Machine™ Software they develop, which allows applications to take full advantage of new hardware substrates. The company was founded after Intel released a new Optane SSD product with 3D XPoint, a new persistent memory, and MemVerge recognized the need for a new software stack to fully utilize the new hardware.