Connected Data Deployed 10PB in First Year of Shipment
For Transporter private cloud
This is a Press Release edited by StorageNewsletter.com on March 10, 2014 at 2:57 pmConnected Data Inc., the creator of Transporter, a peer-to-peer private cloud-based storage platform, achieved a milestone of 10PB of storage deployed in its first year of shipments, and a record year of growth.
Customer wins across a range of industries including legal, healthcare, education, government and consumer markets have propelled the company to exceed its 2013 revenue and unit goals.
Customers use Transporter to collectively sync, access, protect and share an enormous volume of documents and multimedia files.
To put 10PB in perspective, it is:
- Three times larger than the entire Netflix Watch Instantly catalog (as reported by Business Week)
- Four times the size of the entire data store of the U.S. Census Bureau (McKinsey & Company)
- Five times the data stored in all U.S. academic research libraries (McKinsey & Company)
“Cloud storage is playing an increasingly important role in enabling collaborative workflows,” said Tom Coughlin, president of storage industry analyst and consulting firm Coughlin Associates. “10PB of storage deployed by Transporter last year is an impressive achievement and points to users looking to address concerns about privacy and to seek alternatives to the recurring costs associated with traditional cloud-based storage services.“
Transporter products address the global cloud storage market that is expected to grow from $5.6 billion in 2012 to $46.8 billion by 2018, at an estimated CAGR of 40.2%, as reported by Markets and Markets. The North American market commands the largest share; i.e. 60% of the overall market in 2012 at $3.4 billion; and is expected to reach $21.8 billion by 2018, at a CAGR of 33.8% from 2013 to 2018.
“Users love the flexibility of cloud storage, but want a more cost effective and private alternative. With 10 Petabytes deployed, our growth rate exceeds that of most public cloud companies,” said Geoff Barrall, CEO, Connected Data. “Deployments of this scale in such a short period clearly show that customers value the cost savings and control offered by private cloud storage vs. the more traditional public cloud offerings.”