Category Archives: Cloud Storage

Get Dad the cloud backups he needs with $690 off 1TB of Koofr Cloud – BleepingComputer

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Get Dad the cloud backups he needs with $690 off 1TB of Koofr Cloud - BleepingComputer

Stand Alone Cloud Storage Market size is set to grow by USD 97.40 billion from 2024-2028, Reduced capital and … – PR Newswire

NEW YORK, June 5, 2024 /PRNewswire/ -- The globalstand alone cloud storage marketsize is estimated to grow by USD 97.40billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 30.08% during the forecast period.

For comprehensive forecast and historic data on regions, market segments, customer landscape, and companies- Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 - 2022

Segment Covered

End-user (Large enterprises and SMEs), Type (Public, Private, and Hybrid), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

Alphabet Inc., Amazon.com Inc., AT and T Inc., Atos SE, Cloudian Inc., Cognizant Technology Solutions Corp., Dell Technologies Inc., Egnyte Inc., Fidelity National Information Services Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Iron Mountain Inc., Lumen Technologies Inc, Microsoft Corp., Navisite LLC, Quantum Corp., Rackspace Technology Inc., Samsung Electronics Co. Ltd., and Unitied Internet AG

Key Market Trends Fueling Growth

Hybrid stand-alone cloud storage systems offer organizations the ability to manage data effectively by combining the benefits of in-house and public cloud storage. These systems provide improved data management, enhanced IT infrastructure flexibility, and better security and compliance.

As businesses continue to adopt cloud computing, hybrid systems will become increasingly popular due to their cost-effectiveness and seamless workload transition capabilities. With a focus on modernizing applications and retaining business functionalities, the hybrid stand-alone cloud storage market is expected to experience significant growth during the forecast period.

The stand-alone cloud storage market is experiencing significant growth, with technologies like object storage and compression playing key roles. Companies are investing in secure, cost-effective solutions for data management. The use of advanced technologies such as artificial intelligence and machine learning is increasing, enabling automatic data classification and retrieval.

The demand for scalability and flexibility is driving the adoption of cloud storage solutions. Additionally, the trend towards remote work and digital transformation is accelerating the shift towards cloud-based storage systems. Overall, the market for stand-alone cloud storage is expected to continue growing, offering businesses innovative and efficient ways to manage their data.

MarketChallenges

The Stand Alone Cloud Storage Market faces restrictions due to data privacy regulations. These laws require financial firms to protect personal data and allow regulatory authorities access. However, the cloud model's inability to clearly identify and locate physical data storage hinders compliance with some regulations, such as the German Federal Data Protection Act. This limitation may hinder market growth during the forecast period.

The Stand Alone Cloud Storage market faces several challenges. Data security is a major concern, as companies need to ensure their information is protected from unauthorized access and cyber attacks. Cost is another challenge, as businesses must balance the need for affordable storage solutions with the requirement for high levels of security and reliability.

Scalability is also important, as companies need to be able to easily increase or decrease their storage capacity as their needs change. Additionally, interoperability between different cloud storage providers can be a challenge, making it difficult for businesses to seamlessly move data between systems. Finally, compliance with various regulations, such as HIPAA and GDPR, adds complexity to the use of cloud storage.

Research report provides comprehensive data on impact of trend, driver and challenges-Download a Sample Report

Segment Overview

1.1Large enterprises- The Stand Alone Cloud Storage market is experiencing significant growth due to increasing business demand for secure and flexible data management solutions. Companies are adopting stand-alone cloud storage systems to store and manage their data, enabling remote access and collaboration. This shift is driven by the need for scalability, cost savings, and enhanced security features. Businesses of all sizes are embracing stand-alone cloud storage as a strategic tool to streamline operations and improve overall efficiency.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 - 2022) - Download a Sample Report

Research Analysis

In the current economic climate, the stand-alone cloud storage market continues to experience robust adoption among business enterprises. This trend is driven by the proliferation of data generation and the need for secure, scalable, and seamless monitoring of data. Cloud storage offers convenience and customization, making it an attractive option for enterprise users seeking to reduce their CAPEX and OPEX compared to traditional on-premises storage. Cloud resources, including those from Alibaba Cloud and Microsoft, provide low-cost solutions for data storage, enabling revenue growth for businesses.

The cloud storage market also caters to the increasing demand for technology development in sectors such as gaming and entertainment, remote work, IoT, big data, and agile environments. Edge computing further enhances cloud storage capabilities, ensuring efficient and secure handling of malware and other cybersecurity threats. Overall, the stand-alone cloud storage market offers a cost-effective, flexible, and secure solution for managing and protecting data in today's digital landscape.

Market Research Overview

The Stand Alone Cloud Storage market refers to on-demand digital storage services provided over the internet without the need for local servers or personal computers. This technology offers numerous benefits such as scalability, accessibility, and cost-effectiveness. Companies and individuals can store and manage large volumes of data securely and retrieve it from anywhere at any time.

The market is witnessing significant growth due to the increasing adoption of digital transformation and the need for remote work solutions. Additionally, advancements in technology, such as artificial intelligence and machine learning, are driving innovation in the field, enabling more efficient and automated data management. The market is expected to continue expanding as more businesses and individuals recognize the benefits of cloud storage solutions.

Table of Contents:

1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation

7Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email:[emailprotected] Website:www.technavio.com/

SOURCE Technavio

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Stand Alone Cloud Storage Market size is set to grow by USD 97.40 billion from 2024-2028, Reduced capital and ... - PR Newswire

Cloud Storage Market is Projected to Grow at a CAGR of 20.5% During the Forecast period of 2024-2032 – openPR

Cloud Storage Market

It examines the latest trends and forecasts the market's growth trajectory from 2023 to 2030. With the proliferation of data and the need for efficient storage solutions, businesses are increasingly turning to cloud storage to enhance their operational efficiency and reduce costs.

: https://www.marketdigits.com/request/sample/228

The Cloud Storage Market is Valued USD 110 billion in 2024 and is projected to reach USD 683.3 billion by 2032, growing at a CAGR of 20.5% During the Forecast period of 2024-2032.

Research Methodology: Our research methodology is a blend of primary and secondary research, ensuring comprehensive and accurate market insights. Primary research involves interviews with industry experts, surveys, and feedback from key stakeholders. Secondary research includes extensive analysis of industry reports, company websites, annual reports, and proprietary databases. The data collected is then validated through triangulation methods to provide reliable and actionable insights.

The Report Offers: Market Overview and Segmentation: Detailed insights into the market structure, including segmentation by type (public, private, hybrid), deployment model, organization size, and industry vertical. Market Dynamics: Analysis of key drivers, restraints, opportunities, and challenges influencing the market growth. Competitive Landscape: Comprehensive profiles of leading market players, including their market share, product offerings, strategies, and recent developments. Regional Analysis: In-depth analysis of the market across key regions - North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Market Forecast: Detailed market size projections and growth rate forecasts for the next seven years, supported by quantitative and qualitative analysis.

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Major Classifications are as follows:

By Component Solution Service

By Deployment Model Public Cloud Private Cloud Hybrid Cloud

By Application Primary Storage Backup and Disaster Recovery Archiving

By Organization size Small and Medium Businesses (SMBs) Large Enterprises

By Vertical Banking, Financial Services, and Insurance (BFSI) Government and Public Sector Healthcare Manufacturing Consumer Goods and Retail Telecommunication and IT Travel & Hospitality Media & Entertainment Others

Why Should Access to This Report?

Strategic Insights: Gain a competitive edge with detailed market intelligence and strategic recommendations. Market Opportunities: Identify potential growth areas and investment opportunities within the cloud storage market. Informed Decision-Making: Make data-driven decisions backed by extensive research and analysis. Risk Mitigation: Understand the challenges and risks in the market to develop effective mitigation strategies. Industry Expertise: Leverage insights from industry experts and comprehensive market analysis to stay ahead of market trends.

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Final Thought: The cloud storage market is evolving rapidly, with significant advancements and innovations driving its growth. This comprehensive report equips businesses, investors, and stakeholders with the knowledge and insights needed to navigate the market landscape effectively. By understanding the market dynamics and future trends, stakeholders can make informed decisions and capitalize on emerging opportunities. Access to this report is essential for anyone looking to gain a deeper understanding of the cloud storage market and leverage its potential for sustainable growth.

MarketDigits 1248 CarMia Way Richmond, VA 23235, United States. USA: +1 847 450 0808 Email: sales@marketdigits.com Web: https://www.marketdigits.com

MarketDigits is one of the leading business research and consulting companies that helps clients to tap new and emerging opportunities and revenue areas, thereby assisting them in operational and strategic decision-making. We at MarketDigits believe that a market is a small place and an interface between the supplier and the consumer, thus our focus remains mainly on business research that includes the entire value chain and not only the markets.

We offer services that are most relevant and beneficial to the users, which help businesses to sustain themselves in this competitive market. Our detailed and in-depth analysis of the markets catering to strategic, tactical, and operational data analysis & reporting needs of various industries utilize advanced technology so that our clients get better insights into the markets and identify lucrative opportunities and areas of incremental revenues.

This release was published on openPR.

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Cloud Storage Market is Projected to Grow at a CAGR of 20.5% During the Forecast period of 2024-2032 - openPR

Hacker Claims That Snowflake Cloud Storage Was the Third Party Compromised in the Ticketmaster Data Breach – CPO Magazine

Rumors have been swirling that the Ticketmaster data breach reported last week was caused by compromise of a third party vendor, but there was initially no word of who it might have been. A hacker with the threat group ShinyHunters appears to have confirmed the attack to a security research firm and claims that cloud storage company Snowflake, which is used by numerous major corporations, is the source of the breach.

Snowflake says that it has performed a security review and found that the credentials of a demo account belonging to a former employee were recently used for unauthorized access by a threat actor, but that account did not have access to sensitive data or to the companys production or corporate systems. The company denies that it is the responsible party in the Ticketmaster data breach, and the security firm that posted the story has since removed it from its blog without explanation. But the Australian government has also since issued a direct warning to Snowflake customers that it has become aware of a successful compromise of several companies that use its environments.

A blog post from Israeli security firm Hudson Rock claimed that the company had been in contact with a hacker from ShinyHunters, who confirmed both the Ticketmaster data breach and a hack on Spains Santander Bank. ShinyHunters had already been openly offering the stolen data from these incidents for sale on BreachForums, the underground forum the group is a part owner-operator of, but the new element to the story was the claim that Ticketmaster was breached by way of Snowflake.

Snowflake caters to enterprise needs and has over 9,400 customers, which include Fortune 500 firms and some of the largest companies in the world. ShinyHunters claimed to have breached a number of these other companies as part of the action: Allstate, Anheuser-Busch, Progressive, Neiman Marcus and Mitsubishi among them. In total the threat actor claimed to have breached about 400 of Snowflakes customers.

The hackers were also forthcoming with technical details, claiming that the Ticketmaster data breach can be blamed on stolen credentials for a Snowflake employees ServiceNow account. The credentials were obtained by infecting the employee with Infostealer malware back in October. This access apparently allowed the attackers to generate valid session tokens providing them with further access to thousands of Snowflake clients. The hacker provided Hudson Rock with screenshots appearing to support this level of access to Snowflakes European servers.

ShinyHunters also claimed that they demanded a $20 million ransom from Snowflake for the Santander and Ticketmaster data breaches, but that the company would not communicate with them. The group is thought to have separately attempted to ransom Ticketmaster before putting the stolen data up for sale at a price of $500,000.

Snowflake has thus far acknowledged the breach of a former employees account, but has downplayed the damage and suggested that the stolen data is not legitimate. The fact that Hudson Rocks blog post disappeared without explanation over the weekend has made the story more hazy, but there are other strong indicators that Snowflake has been compromised and that the Ticketmaster data breach (and likely Santander and the others that were claimed) is related.

After the stolen information was posted for sale on the dark web, independent security research team VX-Underground claimed to have made contact with someone from ShinyHunters and confirmed that a third party vendor breach was the cause. The Australian Cyber Security Centre (ACSC) has since issued a warning of increased threat activity targeting Snowflake customers and advised them to take security precautions, and Mandiant Consulting CTO Charles Carmakal has told media sources that the company has been assisting unspecified Snowflake customers with breaches for several weeks now.

While the Ticketmaster data breach has yet to be formally acknowledged by the company, Santander has confirmed that it has been breached. This has left many in the cybersecurity community waiting for the other shoe to drop, so to speak, under the assumption this is another breach in the manner of the MOVEit incident about a year ago that will ultimately prove to have impacted many of Snowflakes downstream customers. ShinyHunters is seeking $20 million for the data stolen from Santander, which includes account and credit card numbers for tens of millions of customers in Spain, Chile and Uruguay as well as internal information about bank employees.

The original Hudson Rock post was archived by the Wayback Machine before being taken down. The company has yet to answer multiple media queries about why the post was removed. While Snowflake is still only admitting to limited damage at this time, it has issued a recommendation to clients to enforce MFA on all accounts and reset and rotate their credentials.

Brian Soby, CTO and co-founder at AppOmni, sees the Ticketmaster data breach and associated attacks as yet another incident that makes the case for zero trust architecture: The incident playing out at Snowflake is due to the same issue were seeing across the market: Companies are not incorporating the security of their SaaS applications into their security architectures Were seeing incident after incident due to companies implementing SSO or Zero Trust solutions like SSE/SASE, but not going far enough to secure the applications themselves. As demonstrated again today, these partial solutions not integrating SaaS Security Posture Management (SSPM) fail to stop a major source of modern data breaches. Incomplete solutions can be trivially bypassed in the vast majority of cases because of poor application security posture and do not allow organizations to leverage behavioral detections for their SaaS applications provided by an SSPM that would have quickly identified a login with stolen credentials.

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Hacker Claims That Snowflake Cloud Storage Was the Third Party Compromised in the Ticketmaster Data Breach - CPO Magazine

How to Perform Cloud Sync in Only 3 Steps? – TechiExpert.com

In the past decade, more and more people have been willing to use cloud storage space to save all important files, including memories, videos, photos, work documents, email, design files, and more. Its quite easy for you to access anywhere and anytime because you can access them online as long as you have a stable Internet connection.

Compared with local devices, cloud storage has these benefits, more affordable, scalable, accessible, and restorable. If you want more local disk space, you have to buy more hard disks at an high price and it faces the risk of disk failure, virus attacks, electric outage, and other threads. You can restore data quickly from the cloud storage instead of a hard disk. Thus, cloud sync is essential for all of us to make files safe.

Although you store files on a cloud service, most of them provide limited free cloud space, like 2GB (Dropbox), 5GB (OneDrive), 10GB (Box), 15GB (Google Drive), 20GB (MEGA), etc. Its not enough for daily use, so you might have multiple cloud accounts, or upgrade to an advanced plan to enjoy more cloud space.

If you use multiple cloud storage spaces, and you have to manage files in multiple locations, which makes it difficult to manage, you may need to move files from one cloud to another cloud for several reasons, like backup, separate storing, centralized management, and more. Regardless of the reason, how to perform cloud sync to sync files between clouds, or sync files to the cloud or vice versa?

Dont worry, here you can find the best free cloud sync tool for you to achieve that goal, lets get started to explore.

If you are looking for the best free way to move files between clouds directly without downloading, its highly recommended to try the cloud file manager MultCloud. Here are the reasons:

So, how it works to sync files from one cloud to another with the best free cloud file manager, check out the following information.

Here, we will show you to sync Google Drive to OneDrive with the Cloud Sync feature of MultCloud, take it for reference:

1. Please add Google Drive and OneDrive subsequently by clicking Add Cloud after registering and logging in.

2. Tap Cloud Sync > Real Time Sync, choose Google Drive files as the source, and a directory in OneDrive as the target.

3. Press the Sync Now to sync Google Drive to OneDrive in real time.

Tips:

Its a piece of cake for MultCloud to perform cloud sync, only few clicks, it can migrate everything from one cloud to another directly and quickly. Besides, it allows you to sync files from your devices to the cloud. So, why not give it a try now?

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How to Perform Cloud Sync in Only 3 Steps? - TechiExpert.com

All-flash leads NetApp revenues higher Blocks and Files – Blocks & Files

NetApps latest quarterly revenues swelled higher led by all-flash array demand.

Revenues rose for the third successive time to $1.67 billion in the fourth quarter of NetApps fiscal 2024, ended April 26, 2024, up 6 oercent and exceeding its guidance mid-point. There was a $291 million profit, up 18.8 percent annually, and NetApps 25th successive profitable quarter. This Kurian-led cash machine is so consistent. The all-flash array annual run rate (ARR) beat last quarters record to reach $3.6 billion, with $850 million AFA revenues in the quarter.

Full fy2024 revenues of $6.27 billion were 1 percent down Y/Y with profits of $986 million down 2.2 percent Y/Y.

Hybrid cloud revenues of $1.52 billion in the quarter rose 6.3 percent, basically driving the business. Cloud revenues, meaning public cloud, remain depressingly low at $152 million, a miniscule 0.7 percent higher Y/Y as the Anthony Lye-led buying spree still fails to deliver meaningful revenue increases.

CEO George Kurians results quote said: We concluded fiscal year 2024 on a high note, delivering company records for annual gross margin, operating margin, EPS, operating cash flow, and free cash flow and building positive momentum. In fiscal year 2025, we will remain laser focused on our top priorities of driving growth in all-flash and cloud storage services while maintaining our operational discipline.

NetApp probably has the best public cloud storage service offerings of all the storage suppliers, with its data fabric spanning the on-prem ONTAP world, and SW instantiations on AWS, Azure and GCP, and Blue XP hybrid cloud storage monitoring and management services. Yet significant demand has proved almost illusory and its competitors, notably, Dell, HPE and Pure are slowly but steadily catching up. Indeed Pure has a big announcement coming in this area next month.

Kurian pointed out NetApps public cloud progress in the earnings call, saying: In Q4, we had a good number of takeouts of competitors on-premises infrastructure with cloud storage services based on NetApp ONTAP technology, which helped drive our best quarter for cloud storage services with each of our hyperscaler partners. We are well ahead of the competition in cloud storage services and we are innovating to further extend our leadership position.

He referred to expected public cloud revenue growth, saying: We expect that cloud first-party and marketplace cloud storage should continue to ramp strongly, which will deliver overall growth in cloud, consistent revenue growth in cloud in fiscal year 25, stronger in the second half than in the first half.

Quarterly financial summary

NetApp widened the gap between its own all-flash array revenues and Pure Storage:

The AFA revenues were singled out by Kurian saying: Strong customer demand for our broad portfolio of modern all-flash arrays, particularly the C-series capacity flash and ASA block optimized flash, was again ahead of our expectations.

A look at NetApps quarterly revenue history shows that it reversed the lower Q1 and Q2 revenues this fiscal year with higher ones in Q3 and Q4 to end the year pretty much level pegging with the previous one:

Just like its competitors NetApp is seizing the AI opportunity in front of it, positioning itself as a provider of the data infrastructure foundation for enterprise AI.

Kurian said: Customers choose NetApp to support them at every phase of the AI lifecycle due to our high performance all-flash storage complemented by comprehensive data management capabilities that support requirements from data preparation, model training and tuning, retrieval-augmented generation or RAG, and inferencing, as well as requirements for responsible AI including model and data versioning, data governance and privacy. We continue to strengthen our position in enterprise AI, focusing on making it easier for customers to derive value from their AI investments.

He then said: We had about more than 50 AI wins in Q4 across all elements of the AI landscape I talked about, both in data foundations like data lakes as well as model training and inferencing across all of the geographies. I would tell you that in the AI market, the ramp on AI servers will be much ahead of storage because what clients our doing is theyre building new computing stacks but using their existing data. And so we expect that over time there will be a lot more data created and unified to continue to feed the model. But at this stage, we are in proof of concept. We think that theres a strong opportunity over time for us and all of the AI growth is factored into our guidance for next year.

He reckons that: AI is the opportunity that will become much more meaningful over time. We are well positioned with the huge installed base of unstructured data, which is the fuel for GenAI, and we are focused on helping customers do in-place RAG and inferencing of that data.

Next quarters revenue outlook is $1.455 to $1.605 billion, a $1.53 billion mid-point which would be a 7.0 percent annual rise. The full fiscal 2025 revenue outlook is $6.45 to $6.65 billion, with the $6.5 billion mid-point representing a 4.5 percent Y/Y increase and NetApps highest ever annual revenue.

This would end NetApps 11-year failure to beat its fy2013 $6.332 billion highpoint. George Kurian became CEO in 2015 and reaching a record revenue highpoint in fy2025, after 10 years in office would be quite a satisfying feat.

Wedbush analyst Maat Bryson told subscribers: Q1 and FY25 guidance both presented upside vs. prior Street expectations, while managements tendency towards conservatism, likely means that NTAP will eventually deliver results closer to the high end of the new forecast.

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All-flash leads NetApp revenues higher Blocks and Files - Blocks & Files

Data protection top motivator for cloud-based backup – Security Magazine

Cloud adoption and security were analyzed in a recent Veeam Software report. The report found that the top drivers for organizations to consider cloud-based backup are the desire to integrate cyber technologies with data protection and backup, and the improved/consistent protection of cloud-hosted workloads.

Organizations often begin by simply adding cloud storage to their existing on-premises data protection tools. Twenty-two percent are still using the same mode that they originally began using for their cloud-powered data protection, while 78% switched from one mode to the other. Fifty-one percent now use managed BaaS, while 49% rely on self-managed cloud storage. When making the switch, organizations prefer managed BaaS to fully benefit from expertise and operational support.

The report highlights that multiple roles are involved in data protection, such as IT operations, managed BaaS or DRaaS teams, backup teams, workload administrators, and trusted resellers/integrators. On average, organizations have 2.3 roles dedicated to ensuring backups and 1.8 roles responsible for restoration. This indicates the importance of having expertise and judgment in data recovery processes.

The report found that IT teams have varied expectations for MSP involvement in managing backup services. The majority prefer to handle daily operations themselves, with only a quarter expecting equal responsibility sharing. This indicates organizations' desire for choice in how they leverage MSP expertise and support while aligning to their unique operating processes.

Download the report.

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Data protection top motivator for cloud-based backup - Security Magazine

Dell Joins Forces with Equinix to Enhance Cloud Storage Capabilities – The Fast Mode

Equinix, the world's digital infrastructure company, announced the availability of Dell PowerStore on Equinix Metal, a new, enterprise-grade Storage as a Service (STaaS) solution.

Dell PowerStore on Equinix Metal with flexible configurations can help enterprises manage a wide range of high-performance multicloud workloads through low-latency connectivity with proximity to major public clouds.

Businesses are increasingly seeking flexible storage solutions that accelerate data collection and distribution, thus offering faster time to value, according to Enterprise Strategy Group (ESG).1 Dell PowerStore on Equinix Metal delivers scalable and flexible storagewith the option to burst by 25% above committed capacityto meet market demands and reduce total cost of ownership (TCO) while effectively optimizing resources, accelerating agility and driving innovation.

The Dell PowerStore on Equinix Metal service offering allows enterprises to view, manage and globally deploy storage, compute and networking, achieving simplified infrastructure management and reduced operational overhead. The comprehensive single-tenant storage solution is designed for cloud adjacent environments: with more private cloud on-ramps inside Equinix International Business Exchange (IBX) data centers than anywhere else in the world, customers benefit from fast, secure and scalable access to public cloud providers.

Key benefits of Dell PowerStore on Equinix Metal include:

Leverage a cloud adjacent approach, choose a combination of Dell Technologies deployment options and position storage and compute resources close to public cloud services. Maintain control in a low-latency, high-performance environment that offers seamless integration and private connectivity.

- Financial Flexibility: The solution is delivered as a service (aaS), with the ability to burst above committed levels, providing the opportunity for significant cost saving compared to purchasing storage hardware and software upfront.

- Globally Available: The service is available in more than 30 Equinix Metal markets including Brazil, with a storage entry point of 25 tebibytes.

- Simplified Global Deployments: Deploy easily and in more locations with hardware and software jointly operated by Dell and Equinix.

- Security and Compliance: Single-tenant appliances with always-on, enterprise-grade, multi-layer data encryption ensure the highest level of data protection. Designed to meet industry compliance standards, regulatory requirements are addressed with ease.

- Persistent Data: Data persists across Metal server restarts, enabling a range of use casesfrom mission-critical transactions to disaster recovery.

- Performance and Control: Achieve sub-millisecond latency with colocated compute from Equinix Metal and storage from Dell PowerStore. This combination delivers higher performance while maintaining end-to-end control over your data.

The Dell Partner First Strategy for Storage provides predictability and opportunities for partners to work together to deliver solutions for customers, including Dell PowerStore on Equinix Metal. This STaaS solution, available via channel partners later this year, expands the portfolio of options for Dell partners.

Merrie Williamson, Chief Customer and Revenue Officer at Equinix

Businesses need storage solutions that allow them to be more agile and get the most out of their hybrid multicloud architectures. By combining the powerful capabilities of Dell PowerStore with Equinix's global platform, we are giving them the low-latency, high-performance connectivity they require without sacrificing on security or breaking their budget.

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Dell Joins Forces with Equinix to Enhance Cloud Storage Capabilities - The Fast Mode

Cloud Storage Market Set to Soar to $241.59 Billion by 2029 – openPR

Cloud Storage Market

The cloud storage market has experienced significant growth over the past decade, driven by the increasing adoption of cloud-based solutions across various industries. Companies are increasingly leveraging cloud storage services to store, manage, and access their data securely and efficiently. This growth is fueled by several factors, including the rising volume of digital data generated by businesses, the need for scalable and cost-effective storage solutions, and the widespread adoption of mobile and remote work practices. Additionally, advancements in cloud technology, such as improved security measures, enhanced data management capabilities, and the availability of high-speed internet connectivity, have further accelerated the adoption of cloud storage solutions.

As the demand for cloud storage continues to rise, the market landscape has become increasingly competitive, with numerous vendors offering a wide range of services and solutions. Established players like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) dominate the market, providing robust infrastructure and a comprehensive suite of storage services. However, smaller players and niche providers are also gaining traction by offering specialized services tailored to specific industries or use cases. Additionally, the emergence of hybrid and multi-cloud strategies, where organizations utilize a combination of public and private cloud environments, is reshaping the market dynamics and driving further innovation in cloud storage technologies. Overall, the cloud storage market is poised for continued growth as businesses increasingly prioritize agility, scalability, and cost efficiency in managing their data assets.

Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/global-cloud-storage-market/3484/

Cloud Storage Market Report Scope and Research Methodology A comprehensive cloud storage market report typically encompasses a wide range of factors, including market size, growth trends, key drivers and challenges, competitive landscape, and future outlook. The scope of such a report may span various segments of the cloud storage market, such as storage type (public, private, hybrid), deployment model (IaaS, PaaS, SaaS), service type (object storage, file storage, block storage), industry verticals (IT & telecom, BFSI, healthcare, retail, etc.), and geographical regions. Additionally, the report may delve into emerging trends like edge computing, AI-driven storage management, and regulatory considerations impacting the cloud storage market. The research methodology employed in compiling such a report typically involves primary research, including interviews with industry experts, surveys, and observations, as well as secondary research, which entails gathering data from reputable sources such as industry reports, company websites, press releases, and government publications. Through a combination of quantitative analysis, qualitative insights, and expert opinions, these reports provide valuable insights and actionable intelligence for businesses, investors, and other stakeholders operating in or interested in the cloud storage market.

In terms of research methodology, conducting a comprehensive cloud storage market report involves a systematic approach to data collection, analysis, and validation. Researchers typically begin by defining the scope and objectives of the study, identifying relevant data sources, and formulating research questions or hypotheses. Primary research methods may include surveys, interviews, focus groups, and observations to gather firsthand insights from industry professionals, customers, and other stakeholders. Concurrently, secondary research is conducted to gather existing data, market reports, scholarly articles, and other relevant literature. Data analysis techniques such as statistical analysis, trend analysis, and forecasting are then applied to interpret the collected data and derive meaningful insights. Finally, the findings are synthesized, and the report is prepared, ensuring accuracy, objectivity, and relevance to provide a comprehensive understanding of the cloud storage market landscape.

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Cloud Storage Market Regional Insights

Regional insights play a crucial role in understanding the dynamics of the cloud storage market, as adoption trends, regulatory frameworks, and infrastructure vary significantly across different geographical regions. North America, with its highly developed IT infrastructure and early adoption of cloud technologies, has emerged as a dominant force in the global cloud storage market. The region is home to several major cloud service providers and tech giants, driving innovation and fueling demand for cloud storage solutions across industries. Moreover, stringent data protection regulations and growing concerns around cybersecurity have further accelerated the adoption of cloud storage services in North America, particularly in sectors such as healthcare, finance, and government.

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Cloud Storage Market Segmentation

by Component

Solutions Services

by Application

Primary Storage Backup and Disaster Recovery Archiving

by Deployment Type

Public Private Hybrid

by Vertical

BFSI IT and ITeS Telecommunications Healthcare and Life Sciences Media and Entertainment Consumer Goods and Retail Manufacturing Government and Public Sector Energy and Utilities Others

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Cloud Storage Market Key Players

Amazon Web Services, Inc (US) Google (US) Microsoft (US) IBM (US) Wasabi (US) Oracle (US) Rackspace Technology (US) Hewlett Packard Enterprise (US) Dell Technologies (US) Dropbox (US) VMware (US) NetApp (US) Hitachi Vantara (US) Scality (US) Citrix (US) DigitalOcean (US) Zadara (US) Cisco Systems, Inc. (US) Data direct Networks (US) MongoDB, Inc. (US) Alibaba Cloud (China) Tencent Cloud (china) Huawei (China) Fujitsu (Japan) UpCloud Ltd (Finland) pCloud (Switzerland) Degoo (Sweden) Rohde & Schwarz (Germany) Mecalux, S.A. (Spain)

Key questions answered in the Cloud Storage Market are:

What is Cloud Storage? What was the Cloud Storage market size in 2023? What is the growth rate of the Cloud Storage Market? Who are the key players in the Cloud Storage market? Who are the leading companies and what are their portfolios in Cloud Storage Market? What are the recent industry trends that can be implemented to generate additional revenue streams for the Cloud Storage Market? Which are the factors expected to drive the Cloud Storage market growth? What are the different segments of the Cloud Storage Market? What growth strategies are the players considering to increase their presence in Cloud Storage? What are the upcoming industry applications and trends for the Cloud Storage Market? What segments are covered in the Cloud Storage Market? What segments are covered in the Cloud Storage Market? What are the key opportunities in the market? What factors restrain the market growth?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022) Past Pricing and price curve by region (2018 to 2022) Market Size, Share, Size & Forecast by Different Segment | 2023-2030 Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region Market Segmentation - A detailed analysis by segment with their sub-segments and Region Competitive Landscape - Profiles of selected key players by region from a strategic perspective o Competitive landscape - Market Leaders, Market Followers, Regional player o Competitive benchmarking of key players by region PESTLE Analysis PORTER's analysis Value chain and supply chain analysis Legal Aspects of Business by Region Lucrative business opportunities with SWOT analysis Recommendations

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Cloud Storage Market Set to Soar to $241.59 Billion by 2029 - openPR