In most of the cases, a cloud storage cost analysis requires domain-specific expertise, otherwise, a company may overlook some small but significant circumstances
The size of the cloud computing market has increased threefold over the past five years, and it is predicted to go beyond $128 billion by 2019.
However, companies should make sure that the expenditures related to the migration to a cloud storage will not eat away the potential economy that this technology entails.
The careful analysis of these expenses will help answer a question that concerns many businesses: How much does a cloud storage cost?.
For readers, here is acloud migration checklist, which advises companies to rest when estimating the cost of moving from traditional on-premises repository.
>See also:Cloud storage is the new battleground in the cloud price war
Usually, it comprises both transparent costs that companies generally expect and hidden ones that may not become evident until contract signing.
For illustration purposes only, we will use the example of Amazons cloud storage pricing, as this public cloud provider does not conceal it.
The price for a cloud storage usually depends on a number of gigabytes that a company requires per month. Some providers, such as these of Amazon S3, Google Cloud and Microsoft Azure, use a sliding-scale approach to price formation, which means offering bigger storage volumes at downward costs. Also, some vendors provide redundant repositories at higher prices as compared with less redundant or archival ones; the latter are charged the least.
Amazon charges the first 50 terabytes at $0.023 per a gigabyte, while successive volumes are quoted cheaper at $0.022 and $0.021 per GB.
Transferring data out of the storage also entails expenses, while on the average, their moving into it is free. When charging for the bandwidth, many providers apply a sliding-scale pricing. As for AWS, the cost of one gigabyte of data that a company needs to send from within the repository starts with $0.010, while in some cases it is free.
>See also:Enterprise cloud storage: usage and trends
Despite the fact that these numbers seem reasonable if a company needs to send just a few gigabytes a month, transferring large data volumes will cost a bundle.
Depending on a vendor, various REST-based storage requests, a.k.a. transactions, can also be charged, such as:
Get Delete List Post Others
Amazon S3 is among vendors that include transactions into the cloud storage cost. The company estimates this item starting from $0.004 per 10,000 transactions, but the delete request is free. Rackspace Cloud Files, Nirvanix and services alike provide storage requests on a free-of-charge basis.
Companies that require native access to their information bear gateway-related costs. Depending on the demands, a company may opt for a providers gateway or its own one.
>See also:The year of the cloud: flexible, agile and scalable
Businesses that use a vendors gateway, should be ready for the expenses on the equipment and maintenance fees. While companies that choose to integrate their data via their own, specific one should take on the costs of the gateway custom development.
An important consideration, to which many businesses do not give due regard, is the retrieval or restoration of the corporate data. The transfer of large data volumes requires considerable bandwidth, which is why most vendors provide this service on a paid basis.
On top of all, this process does not come cheap. Depending on a service provider, it may vary from some hundred US dollars to a few thousands of them.
For example, Amazon provides data retrieval at the cost that significantly surpasses ordinary data transfer: at $0.05 per a gigabyte. So, the restoration of 100 terabytes of data will cost $5,000.
>See also:Cloud Storage articles and industry news for senior IT business leaders
In most of the cases, a cloud storage cost analysis requires domain-specific expertise, otherwise, a company may overlook some small but significant circumstances.
Down the line, they may make up a large sum and will drive up the total cost of the migration. That is why it is best to turn to a reliable service provider,as subject-matter experts will provide a thorough and correct calculation of anticipated costs.
Sourced by Stanislau Belachkin at Sam Solutions
The UKs largest conference fortechleadership,TechLeadersSummit, returns on 14 September with 40+ top execs signed up to speak about the challenges and opportunities surrounding the most disruptive innovations facing the enterprise today.Secure your place at this prestigious summit byregisteringhere
- Cloud Storage | Team Knowhow - August 15th, 2018
- The Best Cloud Storage Services for Backup in 2018 - August 13th, 2018
- Amazon Drive - June 30th, 2018
- Cloud Storage Pricing | S3 Pricing by Region | Amazon ... - June 24th, 2018
- Azure Cloud Storage Solutions and Services | Microsoft Azure - May 28th, 2018
- Cloud Storage Pricing | Cloud Storage Documentation ... - May 10th, 2018
- Understanding cloud storage services: A guide for beginners - May 1st, 2018
- Foscam Cloud - April 7th, 2018
- Data Storage - Flash Storage, NAS, Object ... - Dell EMC US - April 7th, 2018
- Best Cloud Storage Providers 2017 Reviewed & Rated - December 13th, 2017
- Cloud Storage Topics - SearchCloudStorage - October 18th, 2017
- Cloud Storage - 2017 News, Articles and Trends - Tom's IT Pro - October 18th, 2017
- Cloud Storage Pricing Comparison: AWS, Azure, Google, and B2 - October 18th, 2017
- 18 free cloud storage options | Network World - September 19th, 2017
- Best Cloud Storage Solutions For Your Small Business - CBS Chicago - CBS Chicago - September 7th, 2017
- How Secure Is Cloud-Based Data Storage? - HuffPost - September 7th, 2017
- Best Cloud Storage Solutions For Your Small Business - CBS Detroit - September 7th, 2017
- Deals: A Lifetime Of 2TB Cloud Storage For 90% Off - Gizmodo Australia - September 7th, 2017
- Microsoft Azure: 8 Ways to Save on Cloud Storage - Enterprise Storage Forum - September 2nd, 2017
- There's a lot more to the Cloud than storage these days and competition is getting crowded - Financial Post - September 2nd, 2017
- Cloud storage provider Box's revenue rises as growth slows - Reuters - August 31st, 2017
- Whatchu doin' Upthere? Western Digital moves on cloud storage space - The Register - August 30th, 2017
- pCloud First Cloud Storage Provider to Offer Lifetime Plan | 08/29/17 ... - Markets Insider - August 30th, 2017
- Nearly 300 years worth of porn was recorded to test Amazon's ... - Neowin - August 30th, 2017
- Western Digital (WDC) Acquires Cloud-Storage Startup Upthere - Nasdaq - August 29th, 2017
- Faction Partners with CoreSite to Launch Multi-Cloud Storage and ... - Business Wire (press release) - August 29th, 2017
- A Man Backing Up Millions Of GB Of Porn May Have Ended ... - Indiatimes.com - August 29th, 2017
- pCloud First Cloud Storage Provider to Offer Lifetime Plan - PR Newswire (press release) - August 29th, 2017
- Person tests Amazon's "unlimited" cloud storage by uploading 1.8 petabytes of porn - Boing Boing - August 27th, 2017
- Hedvig Advances Private, Hybrid and Multi-cloud Storage with New Integrations, Security, and All-flash Capabilities - insideBIGDATA - August 27th, 2017
- Why Storage Companies Are Partnering with Microsoft Azure for ... - Enterprise Storage Forum - August 26th, 2017
- Microsoft Unveils Cost-Cutting Archival Cloud Storage Option - eWeek - August 25th, 2017
- A Redditor Archived Nearly 2 Million Gigabytes of Porn to Test Amazon's 'Unlimited' Cloud Storage - Motherboard - August 25th, 2017
- Back up everything with lifetime 2TB cloud storage for under $50 - Popular Science - August 25th, 2017
- Google Cloud: How to Reduce Data Storage Costs and Maximize Performance - Enterprise Storage Forum - August 23rd, 2017
- Enterprises Encounter Cloud Storage Cost and Management Challenges - Enterprise Storage Forum - August 23rd, 2017
- Cisco Validates SwiftStack's hybrid cloud storage software - Read IT Quik - August 23rd, 2017
- Another Free Data Backup Option Bites The Dust - Fortune - August 22nd, 2017
- Apollo Cloud 2 Duo offers personal cloud storage with no monthly fees - Techaeris - August 22nd, 2017
- pCloud first cloud storage provider to offer lifetime plan - PRUnderground (press release) - August 22nd, 2017
- How offsite solutions can complement NAS setups - The Register - August 21st, 2017
- BBB Tip of the Week: What to look for in cloud storage - The Spokesman-Review - August 20th, 2017
- Get 2 TB of Cloud Storage from Zoolz for Life for Just $50 - The Escapist - August 20th, 2017
- Optimize a public cloud storage service with these performance tips - TechTarget - August 19th, 2017
- XenData Launches Hybrid Cloud Storage Appliance Optimized for Media Files - Broadcasting & Cable - August 16th, 2017
- Lima Ultra: Tiny, personal cloud storage which just misses the mark - ZDNet - August 16th, 2017
- Secure 2TBs of cloud storage space for life for under $50 - TNW - August 16th, 2017
- Results: do you pay for extra cloud storage? How much do you need? - Phone Arena - August 16th, 2017
- XenData Debuts CX-10 Hybrid Cloud Storage Appliance - TV Technology - August 16th, 2017
- Datrium Splits Provisioning to Boost Private Cloud Storage - SDxCentral - August 16th, 2017
- Migrating from server to cloud storage - THE BUSINESS TIMES - August 16th, 2017
- Film maker shuns cloud storage for Spectra Logic tape - ComputerWeekly.com - August 14th, 2017
- NetApp Has Better Storage Trends than Pure, Says Maxim - Barron's - August 14th, 2017
- Cloud Backup vs Local Backup Which Option Should I Choose To Protect My Data? - Fossbytes - August 14th, 2017
- Cloud Storage Works Better With Cloud Secure! - MustTech News - August 13th, 2017
- UPDATE -- Maxwell Health Reduces Cloud Storage Costs and Reduces Recovery Times with Datos IO RecoverX for ... - GlobeNewswire (press release) - August 12th, 2017
- Cloud Storage: Mature Saturation or Early Adopter Phase? | Hacked ... - Hacked - August 10th, 2017
- How To Have Cloud Storage and Backup For Life For Less - Daily Beast - August 10th, 2017
- Wasabi Technologies takes on Amazon S3 on price, performance - TechTarget - August 8th, 2017
- Here's one good reason to not rely on cloud storage - Business Insider Australia - August 6th, 2017
- Veritas Technologies Named a Leader in the 2017 Gartner Magic Quadrant for Data Center Backup and Recovery ... - Markets Insider - August 6th, 2017
- Microsoft wants your cloud storage to sleep with the fishes, literally - Digital Trends - August 5th, 2017
- MEGA Privacy brings 50GB of free cloud storage space to Windows 10 - Windows Report - August 5th, 2017
- Team sets new record for magnetic tape storagemakes tape competitive for cloud storage - Phys.Org - August 3rd, 2017
- Attala Systems Announces Its High Performance Composable Storage Infrastructure Technology for Cloud and Analytics - PR Newswire (press release) - August 3rd, 2017
- Hybrid cloud technology gets the most out of primary storage workloads - TechTarget - August 2nd, 2017
- IBM and Sony breakthrough on tape storage density could lower cold storage costs again - GeekWire - August 2nd, 2017
- Mega's beta cloud storage app for Windows 10 now open to ... - Windows Central - August 1st, 2017
- Startup Morro Data launches CloudNAS services for SMBs - TechTarget - August 1st, 2017
- Morro Data Announces CloudNAS | StorageReview.com - Storage ... - StorageReview.com - August 1st, 2017
- IBM deprecates its first cloud storage platform - www.computing.co.uk - July 31st, 2017
- Senate Resurrects Cloud Storage Protections Bill | Broadcasting ... - Broadcasting & Cable - July 31st, 2017
- Geared up to make best use of cloud storage, AI: Naidu - The Hindu - July 31st, 2017
- Hybrid Cloud Gives Government Flexibility for Storage Needs [#Infographic] - FedTech Magazine - July 12th, 2017
- Scality Zenko.io brings hybrid cloud storage virtualisation - ComputerWeekly.com - July 12th, 2017
- Cloud Storage Privacy Policies: What It All Means - Cloudwards - July 12th, 2017
- Quantum to Present on Cloud Storage for Media Workflows at SMPTE17 in Sydney - Below the Line - July 12th, 2017
- Security lapse leaks data from millions of Verizon customers - KKTV 11 News - July 12th, 2017
- Why Cloud Backup Alone is Not Enough - Net Newsledger - July 10th, 2017
- Degoo Affordable Cloud Storage Solution | NewsWatch Review - NewsWatch - July 10th, 2017