Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Technology
    3. >SOFTWARE-DEFINED STORAGE SAVING THE ECONOMY
    Technology

    Software-Defined Storage Saving the Economy

    Published by Gbaf News

    Posted on July 29, 2014

    4 min read

    Last updated: January 22, 2026

    Add as preferred source on Google
    This image represents the impact of Software-Defined Storage on IT infrastructure. It highlights how organizations can reduce costs and increase efficiency by adopting SDS solutions, crucial for navigating today's data explosion.
    Image illustrating Software-Defined Storage benefits for IT budgets - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Jill Orhun, VP of Marketing and Strategy, Nexenta

    Faced with the challenge of an explosion of data from macro trends like social media, mobile, the Internet of Things, and Big Data, many organisations are faced with snowballing technology requirements and yet declining IT budgets that mean doing more with less.

    Storage is often the highest single line item in these reduced or static IT budgets, making the strategy of throwing more storage hardware at the data explosion problem less and less acceptable. Many of today’s organisations, such as picturemaxx, University of Sussex and the Institut of Laue Langevin have found a way to step away from such a MESS (massively expensive storage systems) solution and have discovered more scalable, flexible, available and cost effective storage solutions – Software-Defined Storage (SDS) solutions.

    Jill Orhun

    Jill Orhun

    Open Source SDS solutions can be deployed in conjunction with industry standard hardware, avoiding the vendor lock-in of expensive proprietary models. This gives organisations the freedom to choose their hardware, ensuring they always get the right hardware their requirements – and with the right price.  Democratising infrastructure in this way delivers cost savings of up to 80%.

    Software-Defined Storage will change everything

    2014 is the year that SDS is shaking up the market by delivering on its promise of a truly vendor agnostic approach, and providing a single management view across the data centre.  Organisations are beginning to coalesce around a standard definition of Software-Defined Storage, and clearing up the confusion that arises from the proliferation of approaches taken by vendors purporting to provide “Software-Defined” solutions.

    Some vendors claim to offer SDS but are merely providing virtualised storage, characterised by a separation and pooling of capacity from storage hardware resources. Others claim to have SDS solutions even though their solution is 100% reliant on a specific kind of hardware.  Neither definition fulfills the fundamental SDS requirement of enabling enterprises to make storage hardware purchasing decisions independent from concerns about over or under-utilisation or interoperability of storage resources. It is important to be aware of these subtle distinctions, otherwise the key SDS benefits of increased flexibility, automated management and cost efficiency simply won’t be realised.

    True SDS solutions let organisations work with any protocol stack to build specialised systems on industry standard hardware, rather than limiting their choices to the expensive specialised appliances sold by the ‘MESS’ vendors.

    Storage-Defined Storage changes the economic game for the Storage-Defined Data Centre

    SDS is one of the three legs of the stool that make up the Software-Defined Data Centre (SDDC), along with the server virtualisation and Software-Defined Networking (SDN).  As the most costly leg, however, SDS is also a target for mis-direction of terms and capture of high margins.  Many vendors claiming to deliver SDS are selling hardware products with the 60% to 70% margin that has come to define the enterprise storage market. SDS is about much more than new technology innovation. True SDS lets customers do things they couldn’t do before and, most critically, fundamentally changes the economics of the enterprise storage business by increasing the hardware choices available to end customers.

    Making the right choices

    Organisations are in the middle of a data tsunami.  According to recent reports the global tidal wave of data has been predominantly created in the last two years is going to get faster as we all demand 24/7 connection.

    According to Research and Markets Global Software Defined Data Centre report, the market is set to explode, growing at a CAGR of 97.48% between this year and 2018.  Much of this growth is due to an increased demand for cloud computing, which creates a companion demand for Software-Defined technologies to achieve large scale, economically.

    Customers realise that SDDC technologies offer flexibility, security, storage availability and scalability. All organisations should get informed on what true Software Defined solutions are – so they can make better decisions on which vendors to invest in for the SDDCs in their future. The first step is understanding the definitions, asking the right questions, and moving towards SDS solutions as a first critical step on their Software-Defined journey.

    More from Technology

    Explore more articles in the Technology category

    Image for Showcasing Digital Leadership – Best Bank for Social Media 2026
    Showcasing Digital Leadership – Best Bank for Social Media 2026
    Image for Innovation Through Partnership: The Role of External Tech Teams
    Innovation Through Partnership: The Role of External Tech Teams
    Image for Nominations Open for Technology Awards 2026
    Nominations Open for Technology Awards 2026
    Image for Nominations Open for Innovation Awards 2026
    Nominations Open for Innovation Awards 2026
    Image for Archie earns industry recognition across G2, Capterra, and SoftwareReviews
    Archie Earns Industry Recognition Across G2, Capterra, and SoftwareReviews
    Image for The Bankaool Transformation: How a Regional Mexican Bank Became a Fintech Disruptor
    The Bankaool Transformation: How a Regional Mexican Bank Became a FinTech Disruptor
    Image for Submit Your Entry Today for Digital Banking Awards 2026
    Submit Your Entry Today for Digital Banking Awards 2026
    Image for Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Image for Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Image for Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Image for Entrepreneurial Discipline in the AI Economy: Insights from Dmytro Lavryniuk
    Entrepreneurial Discipline in the AI Economy: Insights From Dmytro Lavryniuk
    Image for Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Entries Now Open for Best New Digital Wallet Innovation Award 2026
    View All Technology Posts
    Previous Technology PostIs Big Data Just a Big Headache?
    Next Technology Post8 in 10 Brits Would Ditch Passwords for Biometric Security