Author Archives: Randy Chou, Co-Founder and CEO, Panzura
Author Archives: Randy Chou, Co-Founder and CEO, Panzura
This vendor-written tech primer has been edited by Network World to eliminate product promotion, but readers should note it will likely favor the submitter’s approach.
The economics, scale, and manageability of cloud storage simply cannot be matched even by the largest enterprise datacenters.
Hyperscale cloud storage providers like AWS, Google and Azure dropped prices by up to 65% last year and promised a Moore’s Law pricing model going forward. AWS provides eleven 9’s of durability, meaning if you store 10,000 objects with Amazon S3, you can, on average, expect to incur a loss of a single object once every 10,000,000 years. Further, Amazon S3 is designed to sustain the concurrent loss of data in two facilities by storing objects on multiple devices across multiple facilities.
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