Media Mentions

JOHANNESBURG – IN recent years, storage pricing models have undergone a significant shift. To give customers more choice, vendors have introduced cloud-like, pay-as-you-go models as alternatives to their tried-and-true, CapEx-focused upfront purchase plans. These new models give on-premises customers that seek a little extra flexibility another option if they’re not comfortable going all-in on public cloud.

In recent years, storage pricing models have undergone a significant shift. To give customers more choice, vendors have introduced cloud-like, pay-as-you-go models as alternatives to their tried-and-true, CapEx-focused upfront purchase plans. These new models give on-premises customers that seek a little extra flexibility another option if they’re not comfortable going all-in on public cloud.

"In the aftermath of Covid-19 financial uncertainty is, for most, among the top concerns of both IT and business leaders and the lasting impact is likely to affect decision-making processes and priorities for the coming years.

Eran Brown, chief technology officer: EMEA & APAC at Infinidat"

Data storage company, Infinidat, says organisations fear that, should the ransom not be paid, they will not be able to provide services and products to their customers. Most law enforcement agencies recommend to not pay the ransom, as this payment does not guarantee the encryption release and even encourages cybercriminals to attack again. Cybercriminals can infiltrate an organisation’s IT systems and remain 'dormant' for a long time, during which they gradually encrypt data. That may sound like something that only happens in the movies, but it is very real.

In order to meet the unprecedented spike in online demand for orders and deliveries during the ongoing Covid-19 pandemic, a strong relationship with a data storage vendor has become crucial.

Infinidat Ltd. secured an additional investment round from its existing investors – TPG Growth, Goldman Sachs Private Capital Investing, Claridge Investment Ltd., Ion Investors and Moshe Yanai, founder of Infinidat – reinforcing its investors’ commitment to the company.