The IoT data tsunami is upon us | Engineeo/Wasabi Hot Cloud storage

Can you afford to pay 80% more to store potentially zettabytes, or possibly exabytes, of IoT data if you don't have to?

The Internet of Things (IoT)

Between 30 and 50 billion IoT devices are expected to be interconnected by 2020, and they’ll generate tens to hundreds of zettabytes of data to be stored, depending on which research company’s predictions you believe. So what’s your game plan?

If you’re still figuring it out, consider this: you can pay about 80% less compared to AWS S3 to store your IoT data if you use Wasabi hot cloud storage. We simply charge a flat, per-gigabyte fee with no egress or API fees. And we’ve done away with pricing tiers because they complicate the math and potentially slot your data into mismatched, expensive tiers that can leave you bleeding cash.

In the zettabyte era, to say that IoT is going to require a lot of data storage is obviously an understatement. But the bottom line is this: if you have a choice, why not pay a fraction of the going cloud storage rate as your IoT data volumes start piling up?

Context Makes The Differences

Temperature changes, humidity, time of year, time of day, the amount of time transpired—all these variables impact what your data is really telling you. That means that the operational decisions you make on that data can be well- or ill-informed, based on whether or not you’ve factored context into your analysis.

Storing all the data collected by IoT sensors and other sources over time provides the context you need for real business transformation and smart decisions. But we’ve entered the zettabyte era, and we’re talking about tens or even hundreds of zettabytes of IoT data alone being generated by next year. Just how much data is that, anyway?

Trips To The Moon and the Great Wall of China

Consider these anecdotes shared in a recent Visual Networking Index forecast from Cisco , which predicts a 47% CAGR in machine-to-machine growth through 2022 (chart): If each terabyte in a zettabyte were a kilometer, one zettabyte would be equivalent to 1,300 round trips to the moon and back. Multiply that by 10, and you’ll start to get an idea of the volume of IoT data we’re talking about.

Put another way, If each gigabyte in a zettabyte were a brick, 258 Great Walls of China could be built. Or 2,580 Great Walls if we’re talking 10 zettabytes. Or 25,800 Great Walls at 100 zettabytes.

You get the picture. However you characterize it, IoT data is a whole lot of data. Brace yourself for it. And plan on paying less to store it all with Wasabi.

This forecast is part of the Cisco® Visual Networking Index™ (Cisco VNI™), an ongoing initiative to track and forecast the impact of visual networking applications. This document presents the details of the Cisco VNI global IP traffic forecast, key trends, and the underlying methodology. For more global, regional and select country-level projections, refer to the VNI Forecast Highlights tool.

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Debate launched!

[Let's use comments section]

Do we need more bandwidth, compute power, or storage?

Moore’s Law has provided exponential leaps in computer processing speed and power. In a little more than a decade, we’ve seen network capacity grow from dial-up wireline to gigabit wireless. There’s no doubt that we will continue to have the processing power we need to drive IoT analytics, and the network bandwidth required to move all this IoT data around. Where we will have a problem is with storage. 

Where are we going to store all this data in a way that is both instantly accessible, yet somehow affordable?