Seagate, a well-known data storage company has launched a new cloud storage service called ‘Lyve Cloud’. Lyve Cloud is a new storage-as-a-service platform that is an Amazon S3 compatible storage-only cloud service.
Seagate says that its cloud storage platform will provide always-on mass capacity data storage and activation. The platform has been designed to provide a simple and efficient solution for organizations who are looking to unlock the value of their massive unstructured datasets.
Seagate is working together with Equinix to form a collaboration to make the Lyve Cloud accessible to customers by providing interconnections between the services of two companies and also additional cloud computing services and geographical expansion.
Ravi Naik, Executive Vice President of storage services and CIO at Seagate said the following about the Lyve Cloud Platform.
Lyve Cloud is a natural extension of Seagate’s leadership in mass data solutions, combining our mass capacity HDD innovation with deep storage industry knowledge to help customers activate more of their valuable data. According to Seagate’s Rethink Data report, as much as 68% of data available to enterprises goes unused. By providing a reliable and cost-efficient cloud storage solution at the metro edge, closer to where their data is generated, Lyve Cloud lets enterprises store and activate their data at scale, securely and efficiently.
Lyve Cloud provides its customers with lots of advantages over other cloud storage services. Through collaboration with Equinox, customers can utilize the scale and efficiency of object service at the metro edge. At the same time though, they can also leverage Equinix Fabric to interconnect sources of data to a variety of edge and cloud-based apps for hybrid and multi-cloud architectures.
Through the usage of metro edge data centers, customers can experience low latencies while accessing their data from the storage service. Lyve Cloud offers customers privacy with no-lock in and egress fees and this allows them to retain full control of their data while lowering the total cost of ownership (TCO) for storing massive datasets.
Those who are looking to use Lyve Cloud can register here to join Seagate at its Datasphere 2021 virtual event which is scheduled for March 30th.
