20 Modern apps that require lightning-fast processing times and hyper-scale data stores to leverage AI, machine learning or data analytics also require modern, cost-effective infrastructures. Run to the cloud, but not too fast… Organizations are going ‘all-in’ on the public cloud, but following the herd may not always serve your long-term needs. As reported in VentureBeat’s The Cloud Paradox, the total cost of ownership for large-scale, long-term data stores in the cloud can start to outweigh the benefits, which is ironic given that over 60% of companies cite cost savings as the very reason to move to the cloud in the first place. IT pros we work with across the financial sector, large government institutions, and even fast transactional SaaS providers are actively seeking new multi-cloud and on-prem software solutions to power their data in more effective and cost-efficient ways. Utilizing on-prem software to store and manage data across multiple public cloud environments is a viable solution for many. And the secret ingredient may be surprising. The secret sauce: On-prem, fast object storage software A recent Vanson Bourne survey of European IT leaders predicts that all-flash object storage will replace primary storage solutions within the next 3 to 5 years to fuel applications that utilize AI, ML and data analytics. 90% of European IT pros see all-flash object storage replacing primary storage within 3–5 years to fuel AI, ML and data analytics. IT decision makers from France and Germany were the most aggressive — with up to 76% predicting that all-flash object storage would replace primary storage in just 3 years’ time — while more conservative UK leaders (43%) believed it would take 3 years. Read more about the survey results in our press releases from France, Germany, and the UK. These findings are also supported by a recent ESG survey run in the U.S., which concluded that all-flash object storage is “well on its way to becoming the foundation of the new modern data storage ecosystem.” 77% of IT professionals at organizations currently using all-flash object storage reported that the technology has had a high impact or has been a game-changing technology in their on-premises storage environment. To find out exactly why object storage is the secret ingredient to unlocking the power of modern applications, check out these recent articles by leading experts: Why object storage is the answer to AI’s biggest challenge Why fast object storage will help IT ride the cloud-native tsunami AI and analytics are driving a new kind of storage EnterpriseTalk: 90% of British, French and German IT decision makers say all flash object storage will replace primary storage to fuel AI, ML and other emerging applications Object storage is now the new primary storage
