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.

How much of an impact will Object Storage Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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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 benefits of object storage is its ability to easily scale to accommodate growing data volumes. Traditional file systems often struggle to handle massive datasets, leading to performance issues and potential data loss. Object storage, on the other hand, can easily scale to petabytes or even exabytes of data without compromising performance or reliability. This scalability makes it a perfect fit for modern businesses that deal with ever-increasing amounts of data on a daily basis.

Another advantage of object storage is its flexibility and ease of use. Unlike traditional file systems, which organize data in a hierarchical structure of folders and files, object storage organizes data as discrete objects that can be accessed and managed independently. This makes it easier for users to locate and access specific pieces of data quickly, without having to navigate through complex directory structures. Additionally, object storage supports extensive metadata tagging, allowing users to add detailed information to each object for improved searchability and organization.

Furthermore, the durability and resilience of object storage make it an ideal choice for businesses looking to protect their critical data assets. Object storage systems typically replicate data across multiple nodes or data centers, ensuring that data remains accessible even in the event of hardware failures or natural disasters. This level of redundancy minimizes the risk of data loss and downtime, providing businesses with peace of mind that their data is safe and secure.

In addition to its technical advantages, object storage also offers cost benefits to businesses. The ability to scale storage resources on-demand means that businesses only pay for the storage they actually use, eliminating the need for expensive upfront investments in hardware and infrastructure. Object storage also tends to have lower operational costs compared to traditional storage solutions, as it requires less maintenance and management from IT teams.

Overall, the usefulness of object storage cannot be overstated. Its ability to scale, flexibility, durability, and cost-effectiveness make it a valuable asset for businesses of all sizes and industries. Whether you’re a small startup looking to store your growing data assets or a large enterprise managing petabytes of information, object storage can provide a reliable and efficient solution to your storage needs.

As businesses continue to generate and store increasingly large volumes of data, the demand for scalable and reliable storage solutions will only continue to grow. Object storage offers a compelling solution to this challenge, enabling businesses to store, manage, and protect their data effectively, efficiently, and affordably.

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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