Deciphering the Economics of Building a Cloud Storage Architecture
Building a cloud storage architecture requires both storage vendors, cloud service providers and large enterprises to consider new technical and economic paradigms in order to enable a flexible and cost efficient architecture. That’s why the SNIA Cloud Storage Technologies Initiative is hosting a live webcast, “Create a Smart and More Economic Cloud Storage Architecture” on November 7th.
From an economic perspective, cloud infrastructure is often procured in the traditional way – prepay for expected future storage needs and over provision for unexpected changes in demand. This requires large capital expenditures which slows cost recovery based on fluctuating customer adoption. Giving large enterprises and cloud service providers flexibility in the procurement model for their storage allows them to more closely align the expenditure on infrastructure resources with the cost recovery from customers, optimizing the use of both CapEx and OpEx budgets. Read More