Key Takeaways
- Overpaying for data management is a common, yet often unnoticed, problem
- In some cases, 30-50% of cloud spend is wasted
- Overspending is hidden in legacy pricing, vendor lock-in, inefficiencies, and mismanaged data
- Cloudlocker offers transparent, volume-based pricing with no vendor lock-in and no exit fees
Half of IT budgeting and spending is often dedicated to cloud-related costs, including SaaS, cloud services, and cloud data storage. When did you last review your organizational IT spending? It’s possible you’re overpaying for data management. Some organizations are inadvertently overpaying by 30-50% for cloud data archiving. With an annual spend of $500k, that’s an excess of $150k-$250k.
Companies are tossing money away through additional fees, redundancies, and a lack of strategy. It’s time to take a look at the budget and what you’re really paying for.
Where to Find Overspending in Data Management
Legacy Pricing Models
Many archiving systems rely on rigid, volume-based pricing that doesn’t scale efficiently with data growth. As data volumes increase, costs can surge disproportionately.
Operational Inefficiencies
Legacy systems and manual processes often drive up labor costs and add hidden expenses to data management.
Vendor Lock-In and Inflexibility
Expensive exit fees from proprietary systems make migration to a more cost-effective solution challenging, and further inflate overall costs.
Redundant or Mismanaged Data
Mergers, acquisitions, or decentralized management can mean maintaining multiple archiving environments and duplicate spending.
Hidden Impacts of Overpaying for Data Management
Overpaying for cloud-based data archiving impacts more than just the budget. Spending more than necessary is a comorbidity of overall operational inefficiencies, an increased risk for noncompliance, and an uncoordinated data strategy.
The Solution: Cloudlocker
Cloudlocker can optimize your cloud data archiving and save your overall data management budget. Remove redundancies in your tech stack. Cloudlocker can manage legal holds and retention policies, manage matters, and organize content in datasets.
Cost Comparison
Cloudlocker has no additional fees or upfront costs, low storage costs, and automated processes. Other systems have upfront costs and high service fees, limited and costly scalability, and inflexible tools.
Efficient, organized, optimized cloud data management is critical for any cloud-first organization. Cloudlocker can save organizations save tens of thousands of dollars each year.
| Feature | Other Solutions | Cloudlocker |
|---|---|---|
| Aditonal Fees | Yes | No |
| Average Per-GB Cost | High | Low |
| Limited Manual Maintenance | No | Yes |
| On-Demand Scalability | Limited | Yes |
| Flexible Architecture | Limited | Yes |