Oh, finally, Amazon S3 and Backblaze B2 are "offsite". But if it rises up to be a budget line item, consider various cost savings measures. It might be there is a rule of thumb like if "outsourced storage is less than half of 1% of total company budget" then maybe you just keep outsourcing it to Amazon S3 or Backblaze B2 because we'll probably do a good job and you don't have to worry about it. The providers like Amazon S3 and Backblaze B2 can still keep their lives MORE SIMPLE for a small premium. I'm not sure what that amount of storage is, but if a company out there has 10 Petabytes they probably should consider hiring a couple people and building it themselves, monitor it themselves, etc. ![]() I think you are absolutely correct at over some amount of storage. ![]() At less than 50 TBytes and if storage isn't already a core competency of a company, the company can't afford to hire people to focus on their storage like we can. We have redundant network providers, and employees that know how to compensate when one of the providers drops a link for a few hours. We have employees FULL TIME focused on the uptime for the service. We are monitoring for that, we have tooled up for that. Companies like Amazon S3 and Backblaze B2 have trained employees replacing failed drives 7 days a week, pretty much within an hour of when they fail. I just don't think it makes ANY sense to spin up local storage for a company and worry about it for less than say 50 TBytes. Personally, I think there is a sweet spot for cloud storage in total storage required. For comparison, on-premise HDDs are $8/TB NRC + $0.10/TB MRC (electricity cost to keep it spinning) Plus, existing customers more consistently stick with B2 than with backup, and B2 has higher annual average revenue per user.Disclaimer: I work at Backblaze so I'm biased and you should keep me honest. But B2 revenue grew 60% year over year in the first half of 2021, while the online backup business grew 12% during the same period. Less than one-third of Backblaze's revenue comes from B2. Amazon S3 enjoys a gross margin percentage in the low 50s, according to one analyst's estimate, while Backblaze, with its lower object-storage pricing, has an overall gross margin of 50%. The Backblaze website says data storage from the B2 service costs 76% less than AWS' S3 storage service, with 80% less expensive data download fees. However, Backblaze's B2 cloud storage service has won adoption from some small organizations, such as American Public Television, the nonprofit Gladstone Institutes and California's Kings County. In 2016 the company entered the market of object storage, going up against some of the world's largest companies, including Amazon, Google and Microsoft, which offer cloud computing services to companies, schools and governments.īackblaze, based in San Mateo, Calif., hasn't exactly won over the biggest cloud storage customers of Amazon Web Services. ![]() "These public cloud vendors have increasingly focused on the largest enterprises, resulting in significant complexity in their products and pricing that leaves behind mid-market businesses"įollowing its establishment in 2007, Backblaze in 2008 released online backup services for PCs running Apple's MacOS and Microsoft Windows, and the company grew by focusing on that one product. "The market is demanding alternatives to the traditional, diversified public cloud vendors for multiple reasons," Backblaze said in its IPO prospectus. ![]() Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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