Price, Performance and Scale: Defining the New Possible

A big part of cloud computing is the basic issue of storage. Any data-driven business needs to store data, and these days, the amount of data is much greater than ever before. This is true for just about any industry: healthcare, media, financial services, energy, and of course the ever-important market of software-as-a-service. In any of these verticals, the cost of data storage presents a serious constraint.

That’s why David Friend and Jeff Flowers teamed up again recently to form Wasabi, a company focused on low-cost “hot storage” in the cloud. The two had formerly launched Carbonite, which became a major player in the online backup space. With Wasabi, they’re touting cloud storage that’s six times faster than Amazon S3, for one-fifth the price. Friend recently appeared on InsideAnalysis, a radio show focused on the information economy, and shared some thoughts about his company’s strategy to use highly scalable disc storage. Read more >>