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The new offering is an S3-compatible storage-only cloud they say will help enterprises extract more value out of data.

Seagate this week introduced their Lyve Cloud storage-as-a-service platform, an S3-compatible storage-only cloud. According to the company, Lyve Cloud enables always-on mass capacity data storage and activation. It provides a simple and efficient service to allow enterprises to unlock the value of their unstructured datasets, they say.

Seagate is collaborating with Equinix, a digital infrastructure company, to make Lyve Cloud accessible to more customers. This collaboration will provide extensive interconnect opportunities for additional cloud services and geographical expansion, according to Seagate.

Cloud offering is a “natural extension” to Seagate’s core business

Ravi Naik, executive vice president, storage services, and chief information officer at Seagate, introduced the new platform. “Lyve Cloud is a natural extension of Seagate’s leadership in mass data solutions, combining our mass capacity HDD innovation with deep storage industry knowledge to help customers activate more of their valuable data,” he said.

“According to Seagate’s Rethink Data report, as much as 68% of data available to enterprises goes unused. By providing a reliable and cost-efficient cloud storage solution at the metro edge, closer to where their data is generated, Lyve Cloud lets enterprises store and activate their data at scale, securely and efficiently.”

Moving storage to the metro edge reduces latency

Seagate is locating Lyve Cloud infrastructure in close proximity to Equinix Metal within Equinix International Business Exchange (IBX) data centers. This means customers can consume the scale and efficiency of object storage as a service at the metro edge.

Customers can also leverage Equinix Fabric to interconnect sources of data to a variety of edge and cloud-based applications for hybrid and multicloud architectures, Seagate claims.

Placing Lyve Cloud infrastructure in metro edge colocation data centers also enables reduced latency, the company claims. This is because customers can store and process data closer to its source.