Wasabi Opens Data Center in Amsterdam

Wasabi Technologies, Inc. announces the opening of its first European data center based in Amsterdam, Netherlands.

It will accommodate company’s accelerating growth in the EU region, bringing affordable, fast, enterprise cloud storage closer to the firm’s European customer base.

Wasabi provides object cloud storage that is 1/5th the price and up to 6x the speed of Amazon S3. Its API is 100% S3 compliant and there are no charges for anything other than the amount of data stored – no egress fees, no charges for PUT, LIST, DELETE or other API calls. Wasabi offers one tier of storage that is fast, inexpensive, and secure. And with an EU data center, European users can enjoy short latency times and ease of compliance with GDPR.

Wasabi has over 6,000 paying customers, thousands more in free trial, and a growth rate of roughly 20% month over month.

Richard Czech, VP, EMEA sales, Wasabi, comments: “IDC predicts that the collective sum of the world’s data will grow from 33ZB last year to a 175ZB by 2025, for a CAGR of 61%. The EMEA regions are no exceptions as institutions, enterprises, and governments have tremendous storage needs and are very mindful about price, performance, and protection. Our business operations will be driven through an aggressive channel strategy and we are ready to bring customers and partners on board to experience the competitive advantage that Wasabi hot cloud storage will bring them. Having a local data center in the EU makes the decision to move to the cloud much clearer for them.“

David Friend, CEO, Wasabi, shares: “We believe nearly all data will eventually be stored in the cloud. Customers migrating from on-premises storage to Wasabi usually find that storing data in Wasabi costs less than just the annual maintenance of their on-prem storage. With our new Amsterdam data center, our European customers can now enjoy the benefits of Wasabi’s amazingly fast R/W speeds. Storage is becoming a commodity. Smart IT people are coming to the conclusion that they don’t need the cost and hassle of on-premises storage.“