Seagate Technology announced its new Lyve Cloud Storage-as-a-Service (STaaS) platform.
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Unedited press release follows:
Seagate Unveils Lyve Cloud Built to Store, Activate, and Manage the Massive Surge in Data
Collaboration with Equinix brings additional access, compute, and data center colocation
FREMONT, Calif. — Seagate Technology plc (NASDAQ: STX), a world leader in data storage and management solutions, today introduced LyveTM Cloud storage-as-a-service platform, an S3-compatible storage-only cloud. Lyve Cloud enables always-on mass capacity data storage and activation. It is designed as a simple, trusted, and efficient service allowing enterprises to unlock the value of their massive unstructured datasets. Seagate is collaborating with Equinix, the world’s digital infrastructure company, to make Lyve Cloud accessible to more customers. This collaboration will provide extensive interconnect opportunities for additional cloud services and geographical expansion.
“Lyve Cloud is a natural extension of Seagate’s leadership in mass data solutions, combining our mass capacity HDD innovation with deep storage industry knowledge to help customers activate more of their valuable data,” said Ravi Naik, executive vice president, storage services, and chief information officer at Seagate. “According to Seagate’s Rethink Data report, as much as 68% of data available to enterprises goes unused. By providing a reliable and cost-efficient cloud storage solution at the metro edge, closer to where their data is generated, Lyve Cloud lets enterprises store and activate their data at scale, securely and efficiently.”
By locating Lyve Cloud infrastructure in close proximity to Equinix Metal™ within Equinix International Business Exchange™ (IBX®) data centers, customers can consume the scale and efficiency of object storage as a service at the metro edge, while leveraging Equinix Fabric™ to interconnect sources of data to a variety of edge and cloud-based applications for hybrid and multicloud architectures. Placing Lyve Cloud infrastructure in metro edge colocation data centers also enables reduced latency because data is stored and processed closer to where it is generated.
“We see a lot of synergy in collaborating with Seagate to help our customers increase their digital advantage,” stated Eric Schwartz, chief strategy officer of Equinix. “Leveraging Lyve Cloud and Platform Equinix, customers have an optimized, cost-effective object storage option to make their cloud truly composable. Equinix’s position at the Metro Edge enables Lyve Cloud to address use cases that demand data storage and activation, accelerating digital transformation initiatives such as disaster recovery, hybrid and multi-cloud, storage for bare metal services, AI and Machine Learning.”
Lyve Cloud offers privacy, no lock-in, and no egress fees, allowing customers to retain full control of their data while lowering TCO for storing massive datasets. Lyve Cloud’s ISO27001 and SOC2 certifications meet the data security needs of enterprise customers and provide always-on encryption for data in motion and at rest.
“Enterprises are increasingly recognizing the need to store more of their business-critical data for longer periods of time, not only for business continuity, but also to harness its potential for analytics and deep learning,” said Wenceslao Lada, vice president, technical alliances, Commvault. “With Commvault’s seamless integration and full compatibility with Seagate Lyve Cloud, end-users now have a compelling new option for cloud storage that enables worry-free, longer term data retention with predictable cost economics and simple recovery capabilities.”
“As CIO, three things I most seek for from any solution are predictability, security, and no lock-ins,” said Sudhakar Chilukuri, CIO Lattice Semiconductor. “Lyve Cloud features fit these needs very well. We don’t have to replace anything but can add Lyve Cloud for certain data workloads. It’s critical to choose a cloud storage strategy that has transparent pricing, no ingress, and egress fees, and is reliable and performant.”
Seagate’s Lyve Cloud and Lyve Solutions are built with mass data in mind. These solutions, including modular hardware and software, deliver a portfolio that streamlines data access, transport, and management for today’s enterprise. Lyve Cloud is offered at multiple locations in the United States and in other countries in the future.
Learn more about Lyve Cloud and the complete Lyve portfolio by joining us for the Datasphere 2021 virtual event on March 30, 2021. Please register here for the event and learn how your business could win 1PB of storage for a year.
About Seagate Technology
Seagate Technology crafts the datasphere, helping to maximize humanity’s potential by innovating world-class, precision-engineered data storage and management solutions with a focus on sustainable partnerships. Learn more about Seagate by visiting www.seagate.com or following us on Twitter, Facebook, LinkedIn, YouTube, and subscribing to our blog.