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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On this page, you’ll learn about the following:

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 scalability. Traditional storage systems often struggle to keep up with the exponential growth of data, requiring frequent hardware upgrades and complex data management strategies. Object storage, on the other hand, is designed to scale effortlessly. Its distributed architecture allows organizations to add new storage nodes as needed, seamlessly expanding capacity without disrupting operations.

Another major appeal of object storage is its resiliency. With data redundancy built into the system, object storage ensures high availability and data durability. This redundancy also protects data from hardware failures or data loss, minimizing the risk of data corruption or loss due to system malfunctions.

Moreover, object storage offers ease of access and efficiency. Its simple interface and metadata-driven approach make it easy for users to retrieve and manage data without worrying about complicated file structures. This simplicity not only streamlines data management tasks but also improves overall performance and access times, allowing organizations to deliver data to end-users more efficiently.

Additionally, object storage supports a variety of data storage and management features, such as versioning, encryption, and replication. These features enhance data security and compliance, ensuring that sensitive information is protected and meets regulatory requirements. Object storage can also easily integrate with other storage services, making it a versatile solution for a wide range of use cases.

One aspect that sets object storage apart from traditional storage methods is its cost-effectiveness. By optimizing storage resources and reducing the need for complex infrastructure, object storage can significantly lower the total cost of ownership. This is particularly beneficial for organizations handling massive amounts of data, as object storage allows them to store petabytes of data at a much lower cost compared to traditional storage solutions.

Overall, object storage is a valuable asset for organizations grappling with the challenges of managing vast amounts of unstructured data. Its scalability, resiliency, ease of access, and cost-effectiveness make it an attractive option for organizations looking to streamline their data management processes and improve overall efficiency. With its myriad benefits and versatility, object storage is poised to become an essential tool for businesses of all sizes in the digital age.

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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