AUSTIN, TX--(Marketwired - Jun 4, 2013) - Crossroads Systems, Inc. (
For this study, Brad Johns, a data storage industry consultant with more than 30 years of IBM experience, assessed acquisition, support and power consumption costs for a dual copy petabyte (PB) archive over a 10-year period. The study concluded that the combination of StrongBox and LTO 6 tape technology costs $1.1 million compared to $7 million for the Unified Storage solution. This is more than an 84 percent reduction in TCO. Additionally, the energy efficiency of the StrongBox-based solution is validated by the study's findings that StrongBox can reduce energy costs by up to 95 percent.
In today's fast-paced world, real-time access to data is critical to meet business objectives. As a low-cost solution for accessible, protected storage, StrongBox empowers organizations to efficiently manage skyrocketing data volumes and increasing retention requirements.
Below is a breakdown of the study's cost comparisons:
2 PB Environment TCO Over 10 Years
| StrongBox Solution | Unified Storage | Percent Savings | ||||
| Energy: | $10,000 | $197,000 | 95% Less | |||
| Support: | $536,000 | $1,437,000 | 62% Less | |||
| Acquisition Costs: | $578,000 | $5,443,000 | 89% Less | |||
| TOTAL: | $1,124,000 | $7,077,000 | 84% Less | |||
"StrongBox is a compelling solution that could substantially reduce overall storage costs for customers with large and growing archive requirements," Johns said. "For many storage workloads, the intelligent policy management provided by StrongBox will support file server type performance levels while also providing much lower costs. In addition, StrongBox incorporates features that are very important for long-term archive such as policy-driven data integrity, data protection and replication features."
To download the entire white paper, visit: http://www.crossroads.com/pdf/White%20Paper_T...eneric.pdf
About StrongBox StrongBox is a shared storage solution purpose-built for data archival and preservation. Using Linear Tape File System (LTFS) technology and intelligent storage architecture with standard file systems (CIFS/NFS), StrongBox empowers online, all the time file availability with uncompromised data protection, full data mobility, non-proprietary file storage and significant cost-savings. StrongBox unifies your archive -- past and present -- while providing seamless scalability and reliability for the future. Visit www.crossroads.com/products/strongbox .
About Crossroads Systems
Crossroads Systems, Inc. (
Important Cautions Regarding Forward-Looking Statements This press release includes forward-looking statements that relate to the business and future events or future performance of Crossroads Systems, Inc. and involve known and unknown risks, uncertainties and other factors that may cause its actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Words such as, but not limited to, "believe," "expect," "anticipate," "estimate," "intend," "plan," "targets," "likely," "will," "would," "could," and similar expressions or phrases identify forward-looking statements. Forward-looking statements include, but are not limited to, statements about Crossroads Systems' ability to implement its business strategy, including the transition from a hardware storage company to a software solutions and services provider, its ability to expand its distribution channels, its ability to maintain or broaden relationships with existing distribution channels and strategic alliances and develop new industry relationships, the performance of third parties in its distribution channels and of its strategic alliances, uncertainties relating to product development and commercialization, the ability to obtain, maintain or protect patent and other proprietary intellectual property rights, technological change in its industry, market acceptance of its products and services, future capital requirements, regulatory actions or delays, competition in general and other factors that may cause actual results to be materially different from those described herein. Forward-looking statements in this press release are based on management's beliefs and opinions at the time the statements are made. Crossroads Systems does not intend, and undertakes no duty, to update this information to reflect future events or circumstances.
©2013 Crossroads Systems, Inc. Crossroads and Crossroads Systems are registered trademarks of Crossroads Systems, Inc. All trademarks are the property of their respective owners. All specifications are subject to change without notice.
Company Contacts: Jennifer Crane Crossroads Systems Email Contact 512.928.6897 or 800.643.7148 Investor Contact: Mark Hood Crossroads Systems Email Contact 512.928.7330 Press Contact: Matthew Zintel Zintel Public Relations Email Contact 281.444.1590
