Wasabi Opens Paris Storage Region

Wasabi Technologies, Inc. opens a new storage region in Paris, marking the next phase of its global growth strategy to meet surging demand for its hot cloud storage and provide key proximity to customers and partners across France.

This new storage region, firm’s first in France and 9th overall, is based in the Equinix Paris location and benefits from high-speed network access to enhance availability and speed of services throughout the region, as well as the environmental advantages of Equinix’s energy efficiency standards. The facility’s size and performance capabilities will also support the company’s future growth as demand for local cloud storage increases across Europe.

On the heels of an explosion in the amount of data being produced, analyst firm IDC estimates the public cloud storage services market in France grew 40% annually in 2021.(1)

Additionally, various data protection and sovereignty regulations have increased the desire for European countries to store it in the country where they operate. Recognizing this need, Wasabi began a rollout of European storage regions, beginning with Amsterdam, The Netherlands, in 2019, and most recently in London, UK. It plans to open more storage regions in the next 12 months, including Germany, and will also expand its partner network, which includes Exclusive Networks as well as a network of hundreds of resellers and MSPs, to further fuel operations across Europe.

“As digital transformation accelerates the use of cloud storage, organizations increasingly want to store their data in the country in which they operate,” said Richard Czech, VP EMEA sales. “Wasabi’s expansion into Paris helps us to effectively meet the demand for cloud storage in the growing French market while alleviating data sovereignty concerns. We will continue our hypergrowth in EMEA, focused solely on helping our customers get the most out of their data by providing a cost-effective, high-performance storage solution close to home.“

Vendor’s hot cloud storage has a solution that is 1/5th the cost of Amazon S3, with no fees for egress or API requests and no vendor lock-in. Businesses are able to securely and affordably store all of their data and access it the moment they need it. It’s also a product for the channel because every organization needs to store data and it is simple to understand, bundle with other products and sell to address the challenges facing organizations today, including ransomware, and delivering support for immutable backups that offer high level of protection in cloud storage.

The model has already attracted more than 14,000 customers and more than 1,000 channel partners in EMEA.

(1) Source: IDC Semiannual Public Cloud Services Tracker, 1H21 Forecast