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Wasabi Technologies Opens London Storage Region As Part Of Its Global Expansion Plans

Global cloud storage company, Wasabi Technologies, launches a new storage region in London, thus boosting its storage service availability, performance, and speed throughout the UK.

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Wasabi Technologies’ new London location accelerates its rapid worldwide expansion as the provider plans on opening additional storage regions in the following year. The most recent London announcement also comes soon after its newly established distribution partnership with one of Europe’s largest cybersecurity distributors, Exclusive Networks.

The new storage region will be housed in Equinix’s data center in London. It’s Wasabi Technologies’ first location in the UK, and its second one in Europe, after its debut in Amsterdam in the first quarter of 2019.

With this innovation, the provider will deliver high-speed network access from multiple carriers. In turn, it will facilitate the way UK customers connect to the Wasabi hot cloud storage.

David Friend, who serves the role of a Co-Founder and CEO of Wasabi, had the following to say:

“The UK is a key market for Wasabi, with so many large businesses, institutions, and technology companies needing to store growing amounts of data and navigate the real-time adjustments necessitated by Brexit. Having a local storage region in this market enables us to serve the huge customer demand for our services and to better secure UK customer data, and reflect local data protection laws. With a strong footprint in Europe already and an existing storage region in Amsterdam, the UK was the obvious next location for us, and we have plans to open additional regions over the next 12 months.”

Wasabi Technologies scales to meet UK’s growing demand for storage while also adhering to local data protection laws during the Brexit transition period. In turn, it delivers customers the needed additional power and space needed for their business growth.

Andrew Smith, who serves the role of a Research Manager, Cloud Infrastructure Services at IDC, had the following to say:

“The public cloud IaaS market is a massive, high-growth IT infrastructure segment – topping $65.5 billion in 2020 worldwide. By expanding its regional infrastructure footprint, Wasabi is well-positioned to bring its performant, cost-effective object storage services to UK enterprises, helping them expand their adoption of cloud storage while also meeting their unique requirements for security and data sovereignty.”

According to IDC’s Worldwide Public Cloud Infrastructure as a Service Market Shares, 2020 Report, the global public cloud IaaS market grew to $65.5 billion in 2020. Enterprises in the EMEA region aimed to support distributed workforces and digital interactions with customers and simultaneously generate more data than ever before, leading to a 31% growth.

At the same time, the advent of Brexit will create regulatory diversions and introduce country-specific data protection laws. In turn, this is expected to raise customer concerns regarding data security and potential compliance costs.

Richard Czech, who serves the role of VP EMEA, Sales at Wasabi, had the following to say:

“The UK is in a transformative moment in light of Brexit, where the evolution of data security is leading to a rethink in regulation and country-specific data protection laws. Wasabi is equipped to remove the complexity and cost burden of compliance for UK organizations with a high-performance, easily accessible storage solution.”

Wasabi’s ‘hot cloud storage’ has transformed the industry. It delivers a solution that’s one-fifth of the cost of Amazon S3, implying no fees for egress or API requests and no vendor lock-in. Therefore, it’s an affordable and highly secure solution for storing and accessing data at all times.

Furthermore, Wasabi is easy to use and understand, bundle with other products, or sell to address the most significant challenges faced by today’s organizations, such as ransomware or support for immutable backups.

Denis Ferrand-Ajchenbaum, who serves the role of a VP Global Vendor Alliances and Business Development at Exclusive Networks, had the following to say:

“Wasabi has been a tremendously valuable partner to us, delivering superior performance and pricing to the market. Instant and easy access to cloud storage without extra charges for egress or API< requests alleviates much of the friction enterprises face and ultimately makes the cloud storage process simpler and much more intuitive.”