Object Storage Statistics


Steve Goldstein
Steve Goldstein
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Object Storage Statistics 2023: Facts about Object Storage outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Object Storage, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

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Top Object Storage Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 7 Object Storage Statistics on this page 🙂

Object Storage “Latest” Statistics

  • Lustre is one of the first storage items, 70% of the Top 100 supercomputers and 50% of the Top 500.[1]
  • By using up to 46% more efficient IT storage teams, you may transform its function into one of facilitation and innovation.[2]
  • Optimize any workload and find the data’s hidden value; execute analytical queries up to 34% quicker, cut latency down to 22%, and boost application performance up to 30%.[2]
  • By the year 2025, unstructured data might account for up to 80% of all data globally.[3]
  • Compared to rivals, consistent worldwide OCI object and archive storage pricing give savings of 30% or more in certain areas.[4]
  • ActiveScale cold storage up to 80% less money is spent on storing your cold data sets.[5]
  • Up to 80% cheaper than any other object storage solution, you may get more value out of your expanding data sets with our system.[5]

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How Useful is Object Storage

One of the key advantages of object storage is its scalability. Unlike traditional file storage systems, object storage can easily accommodate petabytes or even exabytes of data without compromising performance. This makes it an ideal solution for businesses with rapidly expanding data needs, allowing them to grow their storage infrastructure as needed without having to worry about performance issues.

Another benefit of object storage is its flexibility and simplicity. Objects in an object storage system are stored alongside metadata, which provides additional information about the data, such as the time it was created, its size, and its location. This makes it easy to organize and retrieve data, as well as to apply policies and rules for data management. Additionally, object storage can be easily accessed through standard APIs, making it a highly versatile and interoperable storage solution.

Security is also a major selling point of object storage. Because objects are stored independently, they can be replicated across multiple nodes for redundancy and data protection. This ensures that even in the event of hardware failure or data corruption, the data remains safe and accessible. Object storage systems also offer encryption options to further protect sensitive data from unauthorized access.

Furthermore, the low cost of object storage makes it an attractive option for businesses looking to optimize their storage budget. Traditional storage systems often require expensive hardware and ongoing maintenance, whereas object storage can be implemented on commodity hardware and easily scaled up or down based on need. This makes object storage a cost-effective solution for businesses that need to store vast amounts of data without breaking the bank.

From a performance perspective, object storage excels at handling large volumes of unstructured data. Its distributed architecture and ability to store data in a flat namespace make it well-suited for applications that require fast and efficient access to massive datasets. This makes object storage a preferred choice for businesses that deal with data-intensive workloads, such as machine learning, analytics, and content delivery.

In conclusion, object storage offers numerous benefits that make it a valuable storage solution for businesses of all kinds. Its scalability, flexibility, security, cost-effectiveness, and performance make it a compelling option for organizations looking to streamline their data storage and management processes. As the volume of data continues to grow exponentially, object storage will undoubtedly play a crucial role in helping businesses meet their storage needs effectively and efficiently.

Reference

  1. wikipedia – https://en.wikipedia.org/wiki/Object_storage
  2. dell – https://www.dell.com/en-us/dt/storage/data-storage.htm
  3. ibm – https://www.ibm.com/cloud/learn/object-storage
  4. oracle – https://www.oracle.com/cloud/storage/object-storage/
  5. quantum – https://www.quantum.com/en/products/object-storage/

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