Wasabi Launching “Unlimited Free Egress” Pricing Plan

Wasabi Technologies, Inc., in hot cloud storage at 80% less and 6x the speed of Amazon S3, announces the industry’s first pricing plan with unlimited free egress.

With its price offering, the cmpany is continuing to disrupt the cloud storage market and accelerate cloud storage adoption by eliminating all charges except the basic charge for actual storage.

Egress charges have been one of the biggest inhibitors to enterprises moving their data to the cloud. Customers dislike egress fees because they make it impossible to predict how much they are going to spend, and creates vendor lock-in. If a customer has 1PB of data stored with Amazon and wants to migrate it to another vendor, they would be charged up to $90,000 just to retrieve their data. With the elimination of egress fees, Wasabi reduces the monthly bill to just one line item: storage. Wasabi’s vision is to make cloud storage a simple one-size-fits-all utility, like electricity or bandwidth, and that billing should be as simple and transparent as possible.

“When we launched Wasabi last May, we had already decided to eliminate charges for API calls, like GET, PUT, and POST requests. Now, we have eliminated every charge except the single line item for actual storage used,” says David Friend, CEO, Wasabi. “Simple is better, and you shouldn’t have to pay to access your own data or hire a consultant to figure out what your cloud storage costs are going to be. If you know how many terabytes of data you have, you know exactly what your Wasabi bill is going to be, regardless of how man times you access that data. With our new unlimited free egress pricing, customers can finally forget about all the hidden costs of storing and accessing their data in the cloud.“

In recent years, ‘unlimited’ plans have proven popular with consumers. Cell phones offer unlimited data plans, car rentals offer unlimited mileage, and ISPs offer unlimited data transfers.

With its disruptive pricing plan, Wasabi sets the pace for simple and transparent pricing for cloud storage with performance that will accelerate the migration to cloud.

Wasabi’s ‘Unlimited Free Egress’ plan will be the default pricing plan for all new customers.

Firm’s original pricing plan, which offers slightly lower per-terabyte storage costs but includes a $.04/GB egress fee, will still be available for existing customers and those who anticipate little or no need to access to their data.

Existing customers who wish to experience the unlimited egress plan can contact Wasabi to make the switch. The company will also continue to offer its Direct Connect plan, providing users with dedicated, private 1Gb/s and 10Gb/s connections with no egress fees.