{"id":24382,"date":"2020-05-12T06:00:00","date_gmt":"2020-05-12T13:00:00","guid":{"rendered":"https:\/\/insidebigdata.com\/?p=24382"},"modified":"2020-05-13T09:30:58","modified_gmt":"2020-05-13T16:30:58","slug":"new-study-details-importance-of-tco-for-hpc-storage-buyers","status":"publish","type":"post","link":"https:\/\/insidebigdata.com\/2020\/05\/12\/new-study-details-importance-of-tco-for-hpc-storage-buyers\/","title":{"rendered":"New Study Details Importance of TCO for HPC Storage Buyers"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignright size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"238\" height=\"121\" src=\"https:\/\/insidebigdata.com\/wp-content\/uploads\/2020\/05\/Panasas_logo.png\" alt=\"\" class=\"wp-image-24380\" srcset=\"https:\/\/insidebigdata.com\/wp-content\/uploads\/2020\/05\/Panasas_logo.png 238w, https:\/\/insidebigdata.com\/wp-content\/uploads\/2020\/05\/Panasas_logo-150x76.png 150w\" sizes=\"(max-width: 238px) 100vw, 238px\" \/><\/figure><\/div>\n\n\n\n<p>Total cost of ownership (TCO) now rivals performance as a top criterion for purchasing high-performance computing (HPC) storage systems, according to an <a href=\"https:\/\/insidebigdata.com\/white-paper\/new-study-details-importance-of-tco-for-hpc-storage-buyers\/\" target=\"_blank\" rel=\"noreferrer noopener\">independent study<\/a> published by Hyperion Research.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>The report, commissioned by our friends over at Panasas\u00ae, 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).<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>\u201cA clear implication of this study is that to compete effectively, storage vendors need to deliver value far beyond the initial purchase price,\u201d said Steve Conway, senior advisor, HPC market dynamics at Hyperion Research. \u201cThey must pay attention to the full range of buyer considerations, including reliability, cost of management, responsive support and uninterrupted application user productivity.\u201d<\/p><\/blockquote>\n\n\n\n<p>In November 2019, Panasas unveiled its re-engineered PanFS\u00ae parallel file system, delivered on the Panasas ActiveStor\u00ae Ultra appliance. This turnkey HPC storage system maximizes performance, boosts reliability, simplifies management, and offers the lowest total cost of ownership in its class.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>\u201cHPC 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,\u201d said Faye Pairman, president and CEO at Panasas. \u201cAs a result, HPC storage vendors skimp on the development expenses associated with reliability, manageability and support; something we don\u2019t do at Panasas. With the release of <a rel=\"noreferrer noopener\" href=\"https:\/\/www.panasas.com\/panfs-architecture\/panfs\/\" target=\"_blank\">PanFS 8<\/a>, 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 \u2013 making the buying decision easy.\u201d<\/p><\/blockquote>\n\n\n\n<p>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:<\/p>\n\n\n\n<ul><li>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 &#8211; findings that go hand in hand with high levels of downtime.<\/li><li>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.<\/li><li>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.<\/li><\/ul>\n\n\n\n<p>The full report \u201cThe Importance of TCO for HPC Storage Buyers\u201d is available for download <a href=\"https:\/\/insidebigdata.com\/white-paper\/new-study-details-importance-of-tco-for-hpc-storage-buyers\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<p><em>Sign up for the free insideBIGDATA&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/insidebigdata.com\/newsletter\/\" target=\"_blank\">newsletter<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. The report, commissioned by our friends over at Panasas\u00ae, 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. <\/p>\n","protected":false},"author":10513,"featured_media":22338,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[115,68,87,180,258,56,84,1,58],"tags":[361,875,364,96],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Study Details Importance of TCO for HPC Storage Buyers - insideBIGDATA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebigdata.com\/2020\/05\/12\/new-study-details-importance-of-tco-for-hpc-storage-buyers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Study Details Importance of TCO for HPC Storage Buyers - insideBIGDATA\" \/>\n<meta property=\"og:description\" content=\"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. The report, commissioned by our friends over at Panasas\u00ae, 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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/insidebigdata.com\/2020\/05\/12\/new-study-details-importance-of-tco-for-hpc-storage-buyers\/\" \/>\n<meta property=\"og:site_name\" content=\"insideBIGDATA\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/insidebigdata\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-12T13:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-13T16:30:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebigdata.com\/wp-content\/uploads\/2019\/03\/big-data-storage_SHUTTERSTOCK.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editorial Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@insideBigData\" \/>\n<meta name=\"twitter:site\" content=\"@insideBigData\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editorial Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebigdata.com\/2020\/05\/12\/new-study-details-importance-of-tco-for-hpc-storage-buyers\/\",\"url\":\"https:\/\/insidebigdata.com\/2020\/05\/12\/new-study-details-importance-of-tco-for-hpc-storage-buyers\/\",\"name\":\"New Study Details Importance of TCO for HPC Storage Buyers - insideBIGDATA\",\"isPartOf\":{\"@id\":\"https:\/\/insidebigdata.com\/#website\"},\"datePublished\":\"2020-05-12T13:00:00+00:00\",\"dateModified\":\"2020-05-13T16:30:58+00:00\",\"author\":{\"@id\":\"https:\/\/insidebigdata.com\/#\/schema\/person\/2949e412c144601cdbcc803bd234e1b9\"},\"breadcrumb\":{\"@id\":\"https:\/\/insidebigdata.com\/2020\/05\/12\/new-study-details-importance-of-tco-for-hpc-storage-buyers\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebigdata.com\/2020\/05\/12\/new-study-details-importance-of-tco-for-hpc-storage-buyers\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/insidebigdata.com\/2020\/05\/12\/new-study-details-importance-of-tco-for-hpc-storage-buyers\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/insidebigdata.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Study Details Importance of TCO for HPC Storage Buyers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebigdata.com\/#website\",\"url\":\"https:\/\/insidebigdata.com\/\",\"name\":\"insideBIGDATA\",\"description\":\"Your Source for AI, Data Science, Deep Learning &amp; Machine Learning Strategies\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebigdata.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebigdata.com\/#\/schema\/person\/2949e412c144601cdbcc803bd234e1b9\",\"name\":\"Editorial Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebigdata.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e137ce7ea40e38bd4d25bb7860cfe3e4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e137ce7ea40e38bd4d25bb7860cfe3e4?s=96&d=mm&r=g\",\"caption\":\"Editorial Team\"},\"sameAs\":[\"http:\/\/www.insidebigdata.com\"],\"url\":\"https:\/\/insidebigdata.com\/author\/editorial\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Study Details Importance of TCO for HPC Storage Buyers - insideBIGDATA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebigdata.com\/2020\/05\/12\/new-study-details-importance-of-tco-for-hpc-storage-buyers\/","og_locale":"en_US","og_type":"article","og_title":"New Study Details Importance of TCO for HPC Storage Buyers - insideBIGDATA","og_description":"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. 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