Ugh, another meander through Mellor's alternate reality, where everything is seen as 'proof' that storage vendors will disappear any-day-now and that soon no one will want dedicated storage systems -- he's like one of those Jehovah's Witnesses that sees everything as proof of the immediacy of Armageddon and Judgment Day.
Dedicated storage systems exist because of the fundamental difference between the scale of storage that can be attached to a server, and the scale of data assets held by an organization -- the difference is not doubled or even a single order-of-magnitude, but rather many orders-of-magnitude. Sure, we're seeing talk of 16TB drives now, but they are still puny relative to data assets, which are transitioning from PB-to-EB scales.
Even the fastest storage available is spectacularly slow compared with CPU speeds; a sub-millisecond flash layer is still many orders-of-magnitude slower than modern CPUs approaching sub-picosecond timescales. That architectural delta has always existed, and there has always been a cascade of storage layers (of varying scales) needed to bridge the affordable to the practical. While all the technologies continue to evolve, that gap hasn't narrowed, and is not expected to narrow. Show me a forecast for economical sub-microsecond storage, I'll show you one for a sub-femtosecond CPU.
Then, apparently, Mellor's purple microdot kicked in: "...the future of networked primary data storage is going to be written in 3D Flash and NVMe fabric ink, slowly taking over from classic Fiber Channel and iSCSI" -- Wat? Although it is reasonable to expect 16Gb FC and 40Gb iSCSI to be properly eclipsed in time, it won't be 3D Flash or NVMe 'fabrics' that do it, neither is remotely positioned as the 'future' of networked primary data storage. It would be daft enough to declare 56Gb IB as 'The Future', but when Mellor wants to sound loopy he doesn't mess about, does he?