Amazon has launched a new low-cost storage system called Glacier.
Glacier is relatively low in price than competition so it poses great danger to the backup market. Amazon, the world’s largest online retailer, says its new storage service will help users save rarely used content but still requires saving.
The monthly backup rate for Glacier starts at a very modest $0.01 per GB, which means 1 TB of storage on Amazon’s cloud storage service costs only $10 a month.
The company said,
In order to keep costs low, Amazon Glacier is optimized for data that is infrequently accessed and for which retrieval times of several hours are suitable. With Amazon Glacier, customers can reliably store large or small amounts of data for as little as $0.01 per gigabyte per month, a significant savings compared to on-premises solutions.
Companies typically over-pay for data archiving. First, they’re forced to make an expensive upfront payment for their archiving solution (which does not include the ongoing cost for operational expenses such as power, facilities, staffing, and maintenance). Second, since companies have to guess what their capacity requirements will be, they understandably over-provision to make sure they have enough capacity for data redundancy and unexpected growth.
Amazon says users can preserve small to large amounts of data in Glacier, with datacenters located in the US, Japan and Ireland.
Interested consumers only pay for storage space they need and the process is easy, according to the company.
Amazon advises users to store digital media archives, financial and healthcare records, raw genomic sequence data, long-term database backups, and all sorts of data that needs archiving for standard regulations.
Source: Amazon AWS
Image: Fredrik Broman via Flickr (CC)