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Product Marketing Manager
FUJIFILM Recording Media U.S.A., Inc
A major challenge for IT professionals is estimating the Total Cost of Ownership (TCO) across various storage platforms. To save costs many large enterprises are turning to a combination of storage platforms while others are thinking about completely abandoning their data centers for the cloud. Unfortunately, it’s difficult to factor in all the costs resulting in enterprises getting blindsided by invisible storage costs such as bandwidth, energy, data retrieval, and more. In terms of cost, the cloud may seem very affordable at first, but in reality, when the total cost of ownership is taken into account the costs begin to surge.
If you are thinking about upgrading your data center or abandoning it for the cloud you need to make sure you do the math. Understanding TCO is critically important to any data storage purchase decision since you will be committing to unavoidable costs for many years into the future.
It’s no surprise that the amount of data and content produced is growing by leaps and bounds, that’s why many large enterprises are turning to LTO tape technology for high capacity, reliability, and costs savings. LTO tape can provide years of protection at a much lower cost than other storage solutions.
Today, tape and disk work together in disk-based storage systems to address different necessities like backup, ofﬂine storage, nearline storage, and capture and ofﬂoad. Tape technology allows data to remain protected in the event of malware or a data security breach while saving data centers thousands of dollars.
Many enterprises spend large amounts of time crunching the numbers. To help you do the math, storage economics expert Brad Johns of Brad Johns Consulting teamed up with Fujifilm to create a free online tool to calculate 5-year and 10-year scenarios for TCO when using automated tape storage, disk-based storage, and cloud-based archive storage.
TCO calculations are based on data entered into the TCO tool and assumptions are made through publicly available sources, such as vendor websites and industry research. By entering the quantity of data loaded in year 1 (TB), the annual growth rate of stored data, and the percent of data retrieved each year, results may be derived. Capacity is acquired as needed, based on the growth rate of stored data. The derived assumptions are based on historical trends and published research as well as the user-specified capacity.
After entering data into the TCO Calculator, users have the option to download a customizable report, which includes an executive summary, key cost assumptions, and TCO by cost category. The report also includes a detailed analysis of cost type (e.g., energy costs, offsite costs, service fees, bandwidth, etc.).
Find out how you can start saving on your data storage costs. Access the free TCO calculator here.