CLOUD & CYBER
40 of what benefits they are hoping to extract from hybrid cloud , a defined plan for where and why certain data will be stored and an understanding of the financial ramifications . “ Choosing between on-premises and public clouds should not be driven by hype ,” Brown enthuses , “ but rather what will enable units at a cost that is acceptable for the long-term viability of the business .”
The economics of data storage , particularly public cloud offerings , can be complicated and it ’ s imperative that consumers educate themselves on the short-term and long-term benefits of each cloud ’ s payment plan . Storage company Wasabi ’ s survey of Azure , Google Cloud and AWS found that customers would pay approximately $ 0.46 , $ 0.26 and $ 0.23 per GB per month respectively ( note : these prices don ’ t take into account regional variances or added costs ).
Whilst no reliable data on the average consumption of businesses generally , industries utilising high-quality video , photographs , long-form documents or other caches of extensive records could soon run up high costs . “ As data
growth continues unabated , larger organisations will be under increased pressure to more clearly understand the ‘ cost vs benefit ’ for different storage models as the volume of data expands exponentially ,” explains Brown . If the solution is combining public cloud with a company ’ s own private infrastructure , what are the costs of doing so ? Cloudian has compiled a report estimating that its on-premises data storage hardware will cost 65 % less than public cloud . Assuming that such savings can be
MAY 2020