Cloudian’s Consumption Model for Pay-As-You-Go Financing for On-Premises Object Storage

Cloudian, Inc. announced a consumption model financing program that provides customers with a public cloud-like payment option for on-premises private and hybrid cloud storage.

Enterprises can deploy the company’s Exabyte-scalable object storage platform without having to purchase anything up front, instead paying for the capacity they use each month. At the same time, this program-initially available in the U.S.-offers advantages over both public cloud services and leasing.

Traditionally, enterprises have bought storage systems up front, which typically means paying for more capacity than initially needed and incurring capital expense (CAPEX). However, as Deloitte noted in a recent Flashpoints Perspectives paper, “increasingly, customers are demanding that they be able to consume offerings in a flexible, scalable, and secure manner. Customers want to be able to choose where, how, and how much they consume and pay for.“

Like public cloud services, the company’s consumption model program provides a pay-as-you-go approach in which costs are treated as OPEX.

“Customers can now experience all the benefits of Cloudian’s limitlessly scalable, cloud-compatible storage platform under a flexible financial model,” said John Harris, VP, sales and COO, AE Business Solutions, an IT integration and workforce management company. “This approach is particularly well-suited to those that want to align storage costs with usage, such as MSPs and organisations that offer storage-as-a-service to internal stakeholders.“

While providing public cloud-like financing, the company eliminates public cloud latency issues and data access charges, both of which can be quite significant when dealing with large data volumes. The firm’s storage solutions also enable customers to maintain control of their data on-premises but still extend to the public cloud as desired, with the company delivering data movement and management across environments.

“In addition to the advantages over public cloud services, the new program offers an attractive OPEX-based alternative to leasing,” said Jon Toor, CMO, Cloudian. “This is particularly timely as recent accounting changes have made it harder to use leases as a way of reducing CAPEX.“

The company’s consumption model financing is available.