Cloud File Service Utilizing Amazon S3 From LucidLink

LucidLink Corp. announced a new service utilizing Amazon S3 storage with its Filespaces.

Built for the cloud, it is a file service that enables the cloud storage to be used as production storage, streaming access to files from anywhere instead of downloading or syncing them.

This new service, LucidLink Performance, is geared towards companies with performance-sensitive workloads, like video editing from the cloud, that need to be able to predict cloud storage costs more accurately.

This service solution provides customers with one invoice for their storage needs bundling remote cloud file access, storage, and egress fees. LucidLink combines Filespaces with 1TB Amazon S3 storage and 1TB of outbound traffic (egress) for $85 per terabyte per month. Once users go over the free 1TB of outbound traffic, they are invoiced at a low rate of $0.05/GB ($50 per terabyte) for additional egress costs.

By offering this simplified bundled solution where users can more accurately forecast egress fees, the company is making cloud services much more accessible and predictable. Performance is an integrated solution that delivers rapid, encrypted access to files and data stored on nearly infinitely scalable, cost-effective cloud storage. Users can get consistent top-of-the-line cloud storage for production workloads, streaming access to data, for one predictable fee. Close monitoring of monthly costs can help IT budget for cloud costs that previously may have created an undue financial toll.

Jigsaw24 Ltd , a UK IT solutions provider to creative organizations, is offering LucidLink to customers in the M&E industry.

“One of our customer’s biggest challenges is calculating the total cost of using the cloud, particularly when it comes to forecasting outbound traffic egress fees,” said Rupert Wasales director, Jigsaw24. “To solve this problem, we are offering LucidLink to a variety of customers. Filespaces allow video editors to stream their data, on-demand, from the cloud as if it were on a local file system, which is a game-changer for the industry. The new bundled service, LucidLink Performance, enables us to predict storage costs and eliminate egress almost entirely. Now, Jigsaw24’s customers can more confidently provide services using the cloud and better determine their cloud storage costs.“

According to a recent IDG survey, nearly 70% of IT firms experience higher than budgeted public cloud costs, citing unanticipated egress charges as one of the biggest causes of unexpected expenses.

“Many of our customers increasingly deploy LucidLink as production storage for applications requiring consistent performance at all times. We recognized that Amazon S3’s massive scale is well suited to absorb usage spikes and ensure a consistent user experience,” said Peter Thompson, co-founder and CEO. “However, we also heard a great deal of frustration from our customers around the unpredictable nature of egress fees. By evaluating the usage patterns of our user base, we were able to come up with a bundle that will satisfy most customer requirements, assisting in cost predictability. As an added benefit, we eliminate the complexity of setting up a cloud service and pass on the combined buying power we create directly to our customers.“

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May 18, 2020 | Press Release