Pay-as-you-go Financing for On-premises Object Storage Provides Public Cloud-Like 
Purchasing Flexibility

SAN MATEO, Calif., June 16, 2021 – Cloudian® today announced that it is partnering with Asset Finance Group (AFG) in a consumption model financing program that provides customers with a public cloud-like payment option for on-premises private and hybrid cloud storage. Enterprises and service providers can deploy Cloudian’s limitlessly scalable object storage platform without having to purchase anything up front, instead paying only for the capacity they use each month.

Like public cloud services, Cloudian’s consumption model program provides a pay-as-you-go approach in which costs are treated as operating expense (OPEX).

“Over the last year, we’ve seen increasing customer interest in consumption models, as they want the flexibility to purchase only what they need, as they need it, and avoid incurring capital expense,” said Chad Fredrick, executive vice president, AFG. “This can be particularly beneficial for data storage deployments because organizations often find it difficult to predict how much future capacity they will need.”

While providing public cloud-like financing, Cloudian eliminates public cloud latency issues and data access charges, both of which can be quite significant when dealing with large data volumes. The company’s storage solutions also enable customers to maintain full control of their data on-premises but still extend to the public cloud as desired, with Cloudian delivering seamless data movement and management across environments.

“Through our partnership with AFG, we’re offering our industry-leading HyperStore® object storage solution in pay-as-you-go plans starting at just 1.3 cents/GB/month,” said Jon Toor, chief marketing officer at Cloudian. “This is ideal for enterprises and service providers looking to align their storage capacity purchases and organizational needs more closely than traditional models allow.”

Cloudian’s consumption model financing is available today. For additional details on the program, see Cloudian_Consumption_Model

About Cloudian

Cloudian is the most widely deployed independent provider of object storage. With a native S3 API, it brings the scalability and flexibility of public cloud storage into the data center while providing ransomware protection and reducing TCO by 60% or more compared to traditional SAN/NAS and public cloud. The geo-distributed architecture enables users to manage and protect object and file data across sites—on-premises and in the cloud—from a single platform. Available as software or appliances, Cloudian supports conventional and containerized applications. More at cloudian.com.

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