Cloud-to-Cloud Storage Transfer(A)

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Cloud-to-Cloud Storage Transfer(A)

Cloud-to-cloud solutions being made free at a limited time, Technology partnerships in multi-cloud data transfer, multi-cloud setting, and Cost optimization are some trends in the cloud storage transfer space. In 2013, CloudFuze stated the end of a round of angel investor funding, raising $750,000 from a group of Silicon Valley-based investors. The investment helped the company to develop its Cloud to cloud transfer product.

General Information/Trends in the Cloud Storage Transfer Space

Cloud-to-cloud transfer solutions are being made free for a limited time.

  • Companies in the cloud to cloud storage transfer space are making their product offering available for a free trial. Earlier this year, the full version of MultCloud by Aomei has been made free for three months. MultCloud allows people to migrate files from one cloud directly to another.
  • CloudFuze has also been offering a free trial for personal and business use.

Technology partnerships in multi-cloud data transfer.

  • In January 2020, QNAP selected CloudFuze as its official partner in multi-cloud data transfer. CloudFuze allows one to "transfer from cloud to cloud between more than 40 cloud services."
  • According to Meiji Chang, QNAP's General Manager, "An increasing number of organizations’ backup and recovery strategy operates on both physical and cloud platforms. We welcome the partnership with CloudFuze to help customers looking for streamlined workflow solutions to transfer or back up data from one cloud storage to another with CloudFuze’s optimized and agile cloud-to-cloud migration and sync solution."
  • According to the CEO of cloud CloudFuze, they are excited to be connected with a "market leader such as QNAP and have the opportunity to provide their customers with industry-leading file transfer services. Adding CloudFuze’s high-value services to QNAP’s already strong backup and sync solutions is a win-win for all parties, particularly QNAP’s customer base."

multi-cloud setting

  • Information from a 451 research survey indicates that about 9% of companies plan to run a multi-cloud setting by 2019.
  • About 75% of participants stated that one of their main concerns was the challenge of managing cloud spend.
  • One of "the major reasons that discourage people from migrating from one cloud to another is data transfer."

Organizations rely on third party companies for Cloud -to -cloud transfer.

  • To transfer files directly from one cloud to another, organizations or individuals have to rely on a third-party service such as MultCloud, CloudFuze, CloudHQ, CloudFuze, and more.
  • MultCloud currently supports more than 30+ best cloud storage providers, including Google Drive, OneDrive, Dropbox, MEGA, Flickr, and more.

Cost optimization

  • Cost optimization is the main reason as to why 47% of businesses' cloud migration. "The average savings from cloud migration come to around 15% on all IT spending."
  • Small and medium enterprises profit the most from cloud to cloud migration, "as they spend 36% less money on IT that way."

Venture Capital Activities in Data Cloud Storage

  • There is no recent venture capital activity in the cloud -to- cloud storage transfer space.
  • In 2013, CloudFuze stated the end of a round of angel investor funding, raising $750,000 from a group of Silicon Valley-based investors. The investment helped the company to develop its Cloud to cloud transfer product.

Top cloud- to -cloud transfer companies.

Mulitcloud

  • Multicloud enables the transfer of personal files from one cloud service to another or to perform bulk file transfers.
  • The cost of service with MultCloud ranges from $7.99 per month or $69.99 per year. "There’s also a limited free version, although it comes with a 2TB monthly cap on data transfers and runs more slowly than if you pay"

CloudHQ

CloudFuze

  • The company also provides cloud to cloud migration.
  • They offer about three subscriptions including Basic, Standard, and Advanced. The Basic plan goes for $9.99 a month, Standard involves 100GB of transfer "bandwidth each month for twice the cost,

Cloudsfer

  • The company also supports the transfer of files between two or more clouds.
  • The "cost for that 8GB is $6, which works out to $0.70 per gigabyte. There’s also a Cloudsfer Business plan with a minimum transfer of $25 for 20GB. For both plans, you can transfer more if you need to, and the more you move the better your rates will be. With Cloudsfer Personal, you’re capped at 200GB for $110, which drops the rate to $0.55 per gigabyte. With Cloudsfer Business, you can transfer up to 1000GB for $770 or $0.75 per gigabyte."

Mover.IO

  • Mover.IO was one of the first companies to enter the Cloud transfer space. The company enables the transfer of data from one cloud to another.
  • They charge $20 per month and that comes with just 20GB of transfer bandwidth. Transferring 1TB of data costs about $1000.

Snowflake

  • The company offers cloud-based data-warehousing. They raised about $12.4 billion .in their funding rounds.
  • In February 2020, Snowflake, a California-based cloud company, has set to raise new funding which was valued at $12.4 billion. The funding round was led by Dragoneer Investment Group. Salesforce also participated.

Research strategy

The research team started by reviewing the various industrial report, press releases, and articles on the cloud -to- cloud storage transfer. We aimed to find information regarding recent venture capital activities in the cloud to cloud data transfer space. From this strategy, the team found information on venture capital activities in the cloud storage space, but there was limited data specific to the cloud to cloud storage transfer. The team attempted to triangulate this information by reviewing the top players in the cloud- to -cloud transfer space. To do this, we reviewed each company's annual report, press releases, and news mentions to find any funding investments provided to them. Again, this strategy proved futile. This information has not been made available in the public domain. We have provided helpful findings
Sources
Sources

Quotes
  • "According to RightScale, 66% of enterprises currently have a cloud team or cloud center. And another 21% of enterprises plan on having one in the not too distant future. "
  • "Why Small and Medium-sized Businesses Migrate to the Cloud 94% appreciate the security that comes with the cloud. 59% report a significant increase in productivity. 82% report reduced expenses, and 70% are reinvesting those savings back into their businesses. Small and medium-sized businesses rely more on public clouds than enterprises, with 44% preferring single or multiple public clouds and 24% relying on a single public cloud."
  • "Currently, between 20% and 60% of government agencies’ workload is handled in the cloud. The majority of government agencies spend between $2 million and $3 million per year on cloud technology. According to Macquarie Government, 60% use an internal team to handle cloud migration, while the rest rely on an external service provider."
Quotes
  • "Cost optimization is the primary reason for 47% of enterprises’ cloud migration. The average savings from cloud migration come to around 15% on all IT spending. Small and medium businesses benefit the most, as they spend 36% less money on IT that way."
Quotes
  • "Earlier this year, the full version of MultCloud by Aomei has been made free for three months. MultCloud allows one to "copy, move or migrate files from one cloud directly to another with Copy and Paste or Drag and Drop, instead of downloading and re-uploading files between different cloud accounts.""
Quotes
  • "According to a 451 Research survey, 69% of organizations plan to run a multi-cloud environment by 2019. 75% of participants said that one of their primary concerns was the challenge of managing cloud spend."
Quotes
  • "To directly transfer files from one cloud to another, you need to reply on a third party service, MultCloud. As a free cloud transfer manager, MultCloud can help put multiple clouds into one place. Currently, it supports more than 30+ leading cloud storage providers, including Google Drive, OneDrive, Dropbox, MEGA, Flickr, etc. The following are the corn functions of MultCloud:"
Quotes
  • " MultCloud Multcloud can be used to transfer individual files from one cloud service to another or to perform bulk file transfers. Cost of service with MultCloud is more than reasonable at just $7.99 per month or $69.99 per year. There’s also a limited free version, although it comes with a 2TB monthly cap on data transfers and runs more slowly than if you pay"
  • " CloudHQ CloudHQ provides a similar purpose as MultCloud. The biggest difference is that CloudHQ can only be used for cloud-to-cloud sync. . A personal CloudHQ plan costs around $20 per month. There’s also a business plan for up to three users and $50 per month. Additional users cost extra."
  • ". CloudFuze CloudFuze provides cloud migration from one service to another. Unfortunately, there’s no option for ongoing file syncs. The fact that CloudFuze ranks third on this list, to be honest, has mostly to do with the fact that neither do our fourth and fifth picks, and they’re more expensive to boot. There are three subscriptions to pick from: Basic, Standard and Advanced. CloudFuze Basic costs $9.99 a month for 50GB of data transfer. You can sign up annually, instead, for $99. CloudFuze Standard gives you 100GB of transfer bandwidth each month for twice the cost, while the Advanced plan has a 200GB cap per month for 3.5-times more money."
  • " Cloudsfer Cloudsfer doesn’t support as many cloud services compared to the other options in this article, but the 20 it does are all popular picks. The company claims to be able to handle any size of migration and it has 16 years of experience to bank on. The cost for that 8GB is $6, which works out to $0.70 per gigabyte. There’s also a Cloudsfer Business plan with a minimum transfer of $25 for 20GB. For both plans, you can transfer more if you need to and the more you move the better your rates will be. With Cloudsfer Personal, you’re capped at 200GB for $110, which drops the rate to $0.55 per gigabyte. With Cloudsfer Business, you can transfer up to 1000GB for $770 or $0.75 per gigabyte."
  • "Mover.IO was one of the early entries in the cloud migration market and because of that it remains a popular pick. However, when it comes to features, like every other data-transfer service, it’s no MultCloud. Also, it costs $20 per user per month and that comes with just 20GB of transfer bandwidth. Each additional gigabyte beyond that costs and additional dollar. That means transferring 1TB of data would set you back around $1000."
Quotes
  • "Technology partnerships in multi-cloud data transfer In January 2020, QNAP selected CloudFuze as its official partner in multi-cloud data transfer. CloudFuze allows one to "transfer from cloud to cloud between more than 40 cloud services." According to Meiji Chang, QNAP's General Manager, "An increasing number of organizations’ backup and recovery strategy operates on both physical and cloud platforms. We welcome the partnership with CloudFuze to help customers looking for streamlined workflow solutions to transfer or back up data from one cloud storage to another with CloudFuze’s optimized and agile cloud-to-cloud migration and sync solution." According to Ravi Poli, CloudFuze's CEO, "We are really excited to be associated with a market leader such as QNAP and have the opportunity to provide their customers with industry-leading file transfer services. Adding CloudFuze’s high-value services to QNAP’s already strong backup and sync solutions is a win-win for all parties, particularly QNAP’s customer base." Another technology partnership would that of Lyftron (another cloud data company) and Tableau, an analytics platform company. This partnership was announced in November 2019. "
Quotes
  • " CloudFuze, a leader in cloud storage services management, has announced the completion of a round of angel investor funding, raising $750,000 from a group of Silicon Valley-based investors. The recent investment supplements initial capital funding provided by CloudFuze Founder and CEO Ravi Poli, and will be used to further develop the CloudFuze suite of products and ramp up efforts to bring the products to market."
  • "CloudFuze continues to expand its cloud storage service support and the functionality of the platform. The latest round of funding from angel investors will enable CloudFuze to accelerate product development and drive ongoing efforts to bring its products to market"
Quotes
  • "In February 2020, Snowflake, a California-based cloud company, has set to raise new funding which was valued at $12.4 billion. The funding round was led by Dragoneer Investment Group. Salesforce also participated. "