Seagate Technology Expands Lyve Cloud Storage Solution to Singapore

By Tracey E. Schelmetic, TMCnet Contributor  |  February 28, 2022

The business world is drowning in data. Data is pouring from edge devices, internet of things (IoT) devices and sensors and digitization efforts, and all of it is making storage more important than ever before. Companies may be struggling with how to manage their storage consumption, both on premises and in the cloud. According to Seagate Technology’s (News - Alert) Rethink Data report, enterprises are looking for better ways to leverage their data efficiently, as they are aware as much as two thirds of the data  that should be available to them is not used, due to data storage and management challenges.

Enterprise storage vendors such as Seagate are stepping in with new solutions for data management, including  cloud services allowing users to grow capacity as needed. Seagate’s Lyve Cloud, a storage as a service (STaaS) offering, launched last year to address this need. Recently, Seagate announced it has expanded the availability of the Lyve Cloud for businesses of all sizes in Singapore.

“The Singapore launch marks Lyve Cloud’s anniversary, and I am proud that we are demonstrating our commitment to helping enterprises in more countries harness the flow of mass data,” said Ravi Naik, chief information officer and executive vice president storage services for Seagate, in a statement. “This journey has been extraordinary with our close relationships with like-minded partners and customers who understand the value of data and are eager to accelerate their digital transformation and innovation.”

Seagate reports Lyve Cloud now has over 50 companies in its ecosystem network, including Zadara, Equinix (News - Alert) and PacketFabric, to help businesses to fully utilize their cloud infrastructure.

"Seagate's Singapore Lyve Cloud launch provides us with the opportunity to expand our storage offerings in the Asia Pacific region,” said Anna Claiborne, co-founder and CTO of PacketFabric. "Together, we can better serve our respective customers as they connect their networks and storage across multiple clouds and edges with the control and access they need to best manage their expanding data and realize its full value. PacketFabric is excited to work with Lyve Cloud to provide local cloud storage in Singapore."

Edited by Luke Bellos
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