FUJIFILM LAUNCHES UPDATED TOTAL COST OF OWNERSHIP (TCO) CALCULATOR
September 11, 2019
Improved online tool uses latest data to compare TCO for automated tape storage, disk-based storage, and cloud-based storage
Valhalla, N.Y. — FUJIFILM Recording Media U.S.A., Inc. (Fujifilm), a subsidiary of FUJIFILM Corporation, a leading global manufacturer of data storage media, today announced the release of an updated version of its proprietary Total Cost of Ownership (TCO) Calculator. This free, online decision-making tool helps IT professionals compare the total cost of ownership of automated tape to disk and cloud-based data storage systems. Access the tool at https://www.fujifilmusa.com/products/tape_data_storage/tco_tool/index.html.
Originally developed in 2017 by storage economics expert Brad Johns Consulting and sponsored by Fujifilm, the TCO Calculator simulates 5 and 10-year costs for a variety of typical systems and storage applications. The 2019-2020 release features data reference points and calculation options that realistically reflect today’s data storage options.
Variables such as costs of energy, hardware pricing, media capacities, inflation rates and labor costs have been updated to create the most accurate modeling possible consistent with current trends. Most notably, the new TCO Calculator raises the maximum user storage baseline from 10PB to 100PB, integrating the IBM TS4500 enterprise library using LTO-8 drives and media for initial capacities over 10PB. Amazon S3 Glacier Deep Archive and bulk retrieval service is now also included in cloud storage cost comparisons.
"IT professionals need to make strategic decisions about long term storage and they deserve the best and most accurate data to help them make well informed decisions,” said Kevin Benitez, Product Marketing Manager, FUJIFILM Recording Media U.S.A., Inc. “In most any storage scenario, tape systems are still unmatched in terms of cost, capacity, reliability, and security. As the datasphere continues to grow exponentially, tape continues to play a vital role.”
How FUJIFILM TCO Calculator Works
TCO calculations start with end-user variable data entered into the TCO tool and assumptions are made based on publicly available sources, such as vendor websites and industry research. Users enter the quantity of data to be stored in year-one, the annual growth rate of stored data, and the percentage of data retrieved each year. The TCO calculates cost scenarios for 5 and 10 years of operation.
Users can easily download a customizable results report which includes an executive summary, key cost assumptions, and TCO by cost category and type (e.g., energy costs, offsite costs, service fees, bandwidth, etc.).
FUJIFILM Recording Media U.S.A., Inc. is FUJIFILM Corporation’s US-based manufacturing, marketing and sales company for data storage tape. The company provides data center customers and industry partners with a wide range of innovative products and archival solutions, including FUJIFILM Data Management Solutions. Based on a history of thin-film engineering and magnetic particle science such as Fujifilm’s NANOCUBIC and Barium Ferrite technology, Fujifilm creates breakthrough data storage products. Fujifilm has surpassed the 150 million milestone for the number of LTO Ultrium data cartridges manufactured and sold since introduction, establishing the company as the leading global manufacturer of mid-range and enterprise data tape.
For more information on FUJIFILM Recording Media products, customers can call 800-488-3854 or go to www.fujifilmusa.com/tape_data_storage/index.html. To receive news and information direct from Fujifilm via RSS, subscribe free at www.fujifilmusa.com/rss.
FUJIFILM Holdings Corporation, Tokyo, Japan, brings cutting edge solutions to a broad range of global industries by leveraging its depth of knowledge and fundamental technologies developed in its relentless pursuit of innovation. Its proprietary core technologies contribute to the various fields including healthcare, graphic systems, highly functional materials, optical devices, digital imaging and document products. These products and services are based on its extensive portfolio of chemical, mechanical, optical, electronic and imaging technologies. For the year ended March 31, 2019, the company had global revenues of $22 billion, at an exchange rate of 111 yen to the dollar. Fujifilm is committed to responsible environmental stewardship and good corporate citizenship. For more information, please visit: www.fujifilmholdings.com
All product and company names herein may be trademarks of their registered owners.