Business technology company IBM has added two new cost effective object storage capabilities to companies that manage compliance data on-premises — to replace traditional NAS use.
For instance, the combined products from IBM and Panzura cloud file services will assist enterprises to replace traditional NAS and scale to exabytes of data across multiple locations.
“The new on-premises object storage capabilities are designed to expand use cases for IBM Cloud Object Storage to archives requiring protection against data deletion and modification, and to significantly lower the cost of a system with capacity as low as 72TB,” said Rob McCammon, offering leader, IBM Cloud Object Storage.
IBM said the new compliance-enabled vaults and concentrated dispersal mode capabilities for making the on-premises IBM Cloud Object Storage System more accessible to customers.
The technology major will be targeting financial services, healthcare and government sectors that have tough regulatory obligations that effectively limit them to a smaller number of choices to cost effectively storing compliance data in their company data centers.
Lack of lower capacity, lower cost options for buying smaller object storage system are the barriers to leveraging on-premises object storage.
A financial services provider that needs object storage capabilities for regulatory compliance data less than 300TB is left with very limited cost-effective options.
IBM’s compliance-enabled vaults, a new capability of its on-premises object storage system, allows companies to create data vaults to help them protect data from deletion or modification as required for their compliance with regulations like SEC Rule 17a-4(f) and FINRA (Rule 4511). This capability can help companies that must preserve electronic records in a non-rewritable and non-erasable format.
One of the top five U.S. banks has adopted IBM Cloud Object Storage System’s compliance-enabled vault capability to store their data in a manner that meets relevant SEC 17a-4(f) compliance requirements. The bank has managed its growing archive of data in a regulatory compliant manner while achieving considerable cost savings and operational simplicity.
Companies can now get started with the IBM Cloud Object Storage System at a 72TB capacity, which is designed to require much less hardware infrastructure than IBM’s previous offerings. IBM said its concentrated dispersal mode capability enables smaller footprint systems that scale to larger configurations.
Enterprises can reduce their initial deployment commitment and retain the benefits of IBM Cloud Object Storage as they grow to petabyte scale and beyond. With the new concentrated dispersal mode capability, IBM can create configurations that are designed to use significantly fewer resources than previous minimal configurations and better align to customer requirements for private cloud storage.
“With the new concentrated dispersal mode capability offered by IBM, we can offer a very attractive cost of entry to replace traditional NAS environments for a wide range of use cases, including data consolidation, departmental shares, home directories, application data storage over Network File System (NFS) and Windows server modernization,” said Rich Weber, chief product officer for Panzura, an IBM Business Partner.