Symform Introduces the Cooperative Storage Exchange
SMBs and their IT service providers can now buy and sell distributed cloud storage via a global marketplace.
Symform Inc., a decentralized cloud-computing solutions for SMBs and IT service providers, has created the Cooperative Storage Exchange. The Symform Storage Exchange is available immediately via Symform reseller partners worldwide.
The Symform Cooperative Storage Cloud works on the principle that each local computer contributes inexpensive local storage in exchange for valuable cloud-based storage. This data protection solution, according to Symform, is less expensive and faster than traditional online storage solutions. Unfortunately, bandwidth availability constraints prevent some SMBs from fully participating in the Symform solution. That ends today.
Starting immediately, Symform is enabling its reseller partners to sell their excess local storage to those customers who are unable to contribute. Partners, in effect, become “micro data centers” that are distributed around the world. The storage trading isn’t done directly; instead one side is selling excess storage to the Symform cloud while the other is purchasing it as needed. This new approach will allow SMBs and their MSPs with bandwidth or other constraints to participate in the Cooperative Storage Cloud while allowing those customers who have excess capacity to monetize their infrastructure.
“Symform turned the backup model upside down and created a game-changer for the industry,” says Marc Ross, CTO for IT Foresight. “This creates an important new offering and revenue opportunity for MSPs with sufficient IT infrastructure.”
“Our reseller partners and their SMB customers are the cloud, so this is a natural and exciting next step in our evolution,” says Kevin Brown, vice president of sales and marketing at Symform. “MSPs can now monetize their IT infrastructure in a global marketplace like never before.”
For more information, visit www.symform.com.
