Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: News

New Study Exposes Hidden Costs of High-Performance Storage; Downtime and Labor Costs Are Significant Burdens That Risk the Mission

Hyperion Research Report Shows Real Total Cost of Ownership for High Performance Computing Includes Acquisition, Operation, People and Productivity Costs

SUNNYVALE, Calif.–(BUSINESS WIRE)–#AI–Total cost of ownership (TCO) now rivals performance as a top criterion for purchasing high-performance computing (HPC) storage systems, according to an independent study published by Hyperion Research.

While performance still ranked first (57%), TCO tied with purchase price at 37% as the second most important consideration cited by users. This points to an important shift, as HPC storage buyers have historically given less credence to ongoing operating costs, particularly millions of dollars lost due to downtime. Almost half of the surveyed respondents experience storage system failures once a month or more, with some outages leading to downtimes that can last as long as a week. A single day of downtime costs can range from $100,000 to more than $1 million.

The report, commissioned by Panasas®, a leader in HPC data storage solutions, surveyed data center planners and managers, storage system managers, purchasing decision-makers and key influencers, as well as users of HPC storage systems. Hyperion surveyed organizations with annual revenues from less than $5 million (USD) to more than $10 billion (USD).

“A clear implication of this study is that to compete effectively, storage vendors need to deliver value far beyond the initial purchase price,” said Steve Conway, senior advisor, HPC market dynamics at Hyperion Research. “They must pay attention to the full range of buyer considerations, including reliability, cost of management, responsive support and uninterrupted application user productivity.”

In November 2019, Panasas unveiled its re-engineered PanFS® parallel file system, delivered on the Panasas ActiveStor® Ultra appliance. This turnkey HPC storage system maximizes performance, boosts reliability, simplifies management, and offers the lowest total cost of ownership in its class.

“HPC storage buyers have come to expect downtime as the norm in HPC storage, trading off the lowest cost of acquisition for the inevitable headaches and lost productivity caused by system downtime,” said Faye Pairman, president and CEO at Panasas. “As a result, HPC storage vendors skimp on the development expenses associated with reliability, manageability and support; something we don’t do at Panasas. With the release of PanFS 8, we go beyond delivering the lowest cost of ownership that we are known for by offering our high-performance file system on commodity hardware to provide the lowest cost of acquisition as well – making the buying decision easy.”

In addition to the rising importance of TCO, the survey findings also challenge the accepted HPC storage narrative that cost-effective performance necessitates complexity and unreliability. Consider the following key findings:

  • Recruiting and hiring qualified staff, followed by the time and cost needed to tune and optimize the storage systems, were the two most often-named challenges for HPC storage operations – findings that go hand in hand with high levels of downtime.
  • More than three-quarters of respondents experienced reduced productivity in the past year due to storage issues. One in eight sites experienced this more than 10 times in the past 12 months.
  • When asked how long it took to recover from a storage system failure, 40% of HPC sites typically require more than two days to restore their storage system to full functionality.

The full report “The Importance of TCO for HPC Storage Buyers” is available for download here.

You are also invited to join us for a live webinar with Steve Conway of Hyperion Research and Robert Murphy of Panasas, who will discuss report findings and answer audience questions.

Webinar:

Avoiding HPC Storage’s Unexpected Costs

Date:

Wednesday, June 10, 2020

Time:

10 a.m. PT/1 p.m. ET

Presenters:

Steve Conway, Senior Advisor, HPC Market Dynamics, Hyperion Research

Robert Murphy, Director of Product Marketing, Panasas

Register here.

 

About Panasas

Panasas delivers high-performance computing (HPC) data storage solutions that support industry and research innovation around the world. Whether it’s building the next Dreamliner, winning a Formula One race, creating mind-bending visual effects, curing disease, or modeling climate change, the world’s leading companies trust Panasas to support their most innovative HPC projects. For more information, visit www.panasas.com.

Follow Panasas: Twitter and LinkedIn.

© 2020 Panasas, Inc. Panasas and the Panasas logo are trademarks or registered trademarks of Panasas, Inc., in the U.S. and/or other countries. All other trademarks, registered trademarks, trade names, company names and service marks are the property of their respective holders.

Contacts

North America:

Dave Reddy

Big Valley Marketing

Tel: 650.868.4659

dreddy@bigvalley.co

Europe:

Rhianna Bull

Napier Partnership Limited

rhianna@napierb2b.com

Staff

Recent Posts

Gopuff Invites the World to “Bring The Magic” to Everyday Experiences with the Launch of Its Largest-Ever Brand Campaign

The imaginative, 360° campaign designed to capture the magic of the Gopuff experience debuts during…

1 day ago

Metals Acquisition Limited Provides Notice of Release of First Quarter 2024 Results and Conference Call Details

ST. HELIER, Jersey--(BUSINESS WIRE)--Metals Acquisition Limited ARBN 671 963 198 (NYSE: MTAL; ASX: MAC), a…

1 day ago

New UFC FIGHT CARD RUMMY to Feature Live Tournament, Fan Favorite UFC Athletes and More

UFC Partners With Magmic and Skillz on Launch/Kicks Off a 2-week Live Tournament April 19th…

2 days ago

Vaunt Marks First Cash-Positive Month, With Rapid Growth Highlighting Success in Tackling Empty-leg Flights

 - Launched in Q4 2023, Vaunt has reached $500K in annual recurring revenue, and 25,000+…

2 days ago

Nex and Hasbro Expand Collaboration to Transform Beloved Family Board Games Into Active Play Experiences

Three New Games Based on Classic Hasbro Titles Are Set to Launch Exclusively on Nex…

2 days ago

Franklin Templeton Announces Availability of Peer-to-Peer Transfers for Franklin OnChain U.S. Government Money Fund

The first U.S.-registered mutual fund to process transactions and record share ownership on a public…

2 days ago