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Access "Are you paying too much for storage?"

Published: 16 Oct 2012
Are your data storage costs too high?

This article is part of the Vol. 1 No. 10 December 2002 issue of Are your data storage costs too high?

How much is a terabyte of enterprise storage worth? $800,000? $250,000? $100,000? Currently, there are vendors who will sell you a terabyte of storage for $12,000, $10,000 or even $7,000, and prices are expected to drop further. Nobody pays retail today A survey of 152 storage professionals from large companies done earlier this year reveals that deep discounting on disk subsystems and network switches is rampant. "We sell [disk] storage at 7 cents/MB, and we're profitable," says Diamond Lauffin, senior executive vice president, Nexsan Technologies Inc., Woodland Hills, CA. That works out to be $7/GB or $7,000/TB and the company will have products that threaten to break the $1,000/TB barrier. "And our cost includes no charge for support for three years," he adds. At that price, you can just toss it out after three years and buy new storage, which will likely cost even less. Granted, this may not fit your definition of highly reliable, highly available, high-performance storage, but those numbers throw into sharp relief the volatile nature of storage costs ... Access >>>

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