Cloudian, an object storage company turning information into insight with their hyperscale data fabric, announces a consumption model financing program that provides customers with a public cloud-like payment option for on-premises private and hybrid cloud storage.
Enterprises can now deploy Cloudian’s “exabyte-scalable” object storage platform without having to purchase anything up front, instead paying only for the capacity they use each month. At the same time, the new program – initially available in the U.S. only – would offer advantages over both public cloud services and leasing, stated Cloudian.
Like public cloud services, Cloudian’s consumption model program provides a pay-as-you-go approach in which costs are treated as operating expense (OPEX).
While providing public cloud-like financing, Cloudian would eliminate public cloud latency issues and data access charges, both of which can be quite significant when dealing with large data volumes.
Cloudian’s storage solutions also enable customers to maintain full control of their data on-premises but still extend to the public cloud as desired, with Cloudian delivering “seamless” data movement and management across environments.
“In addition to the advantages over public cloud services, the new program offers an attractive OPEX-based alternative to leasing,” said Jon Toor, chief marketing officer at Cloudian. “This is particularly timely as recent accounting changes have made it harder to use leases as a way of reducing CAPEX.”
For additional details on Cloudian’s consumption model financing program, visit: https://cloudian.com/products/cloudian-consumption-model/.