Public Cloud Storage ‘Revolution’: 80% Price Cut, 6X Performance Jump from Carbonite Spin-off

(Bedrin/Shutterstock)

A revolution in public cloud storage price/performance could be in the offing as two storage industry veterans with a track record of disruption today launched a new company that they say cuts pricing for storage in the AWS compute environment by 80 percent with a 6X performance jump.

The new company, Wasabi, targets S3, the storage tier within public cloud market leader Amazon Web Services. The startup is intended to follow in the footsteps of Carbonite, the company founded by David Friend and Jeff Flowers in 2006 that overturned the consumer backup storage industry with its fixed price model and quickly became market dominant. Friend, Flowers and 18 other former Carbonite developers have worked on the Wasabi project for more than two years.

“Our vision is that cloud storage ought to be a commodity, like electricity  – it’s just there,” Friend told EnterpriseTech. “All you need is one size, you don’t need all these crazy tiers, because we’re faster than the fastest and cheaper than the cheapest, all at the same time.”

Wasabi is hot pluggable with the AWS ecosystem even as it seeks to replace S3 as AWS customers’ storage technology of choice. Available now, Wasabi is offered as object cloud storage-as-a-service connected via the S3 API to AWS. Under its pricing model, Wasabi – unlike AWS – does not charge for moving or retrieving data to and from AWS compute.

Please read the rest of the article at EnterpriseTech.