Glossary
Petabyte
What is a Petabyte?
A petabyte is a multiple of a byte, which is the unit of storage size for digital information. Since peta indicates multiplication by the fifth power of 1,000, a petabyte is equal to one quadrillion (1,000,000,000,000,000) bytes, 1,000,000 GBs, or 1,000 TBs.
A Cost-Effective Solution for Petabyte-Level Storage
For many of today’s leading organizations, the ability to collect and analyze vast amounts of data is essential. While there have been huge strides made in the technologies and devices used to generate all this data, there have been more limited advancements in how these organizations can store all that data. Needless to say, this is a cause for concern for these organizations relying on such massive amounts of data - but there are solutions. While on-premises disk- and tape-based storage vendors are providing some notable advancements, their capabilities are dramatically lacking when it comes to providing the true capacity needed for petabytes of storage or beyond. Meanwhile, popular cloud providers like AWS, Microsoft Azure, and Google Cloud Platform try to solve the issue, but at an extremely high cost and through multiple tiers of storage. Fortunately, Wasabi’s hot cloud storage is 80% cheaper than these competitors while remaining faster, providing a much-needed breakthrough for those companies seeking a cost-effective solution for storing petabytes of invaluable data.