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2023 SPARK Matrix™ for Object-Based Storage by Quadrant Knowledge Solutions

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The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Object-Based Storage (OBS) Vendors

6th July 2023: Quadrant Knowledge Solutions announced today that it has published a SPARK Matrix analysis of the global Object-Based Storage market.

The Quadrant Knowledge Solutions SPARK Matrix™: Object-Based Storage (OBS) offers a detailed analysis of the global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides a competitive analysis and ranking of the leading OBS vendors through its SPARK MatrixTM. The study provides strategic information for users to evaluate vendor capabilities, competitive differentiators, and market positions.

According to Ashray Gadekar, an Analyst at Quadrant Knowledge Solutions, “OBS enables organizations to effectively control and manage non-hierarchical data produced in large volumes, whether stored on-premises or on the cloud. It enables data to be stored as individual objects at a single location rather than distributed across multiple folders and subfolders.” Ashray adds, “OBS fulfills the requirements of current data-driven scenarios such as cloud computing, insight-driven functions, and big-data analytics for efficient data availability, retrieval, and access from any geographical location with extended security and governance features. Vendors offer multitenancy capabilities to manage multiple client organizations and provide features, including differentiated namespaces and access control for isolation and granular access permissions. The OBS platform provides high scalability capabilities to store data of any size and advanced security features such as identity access management, encryption, and a firewall.”

According to Apoorva Dawalbhakta, Associate Director at Quadrant Knowledge Solutions, “OBS leverages commodity hardware and scalable architecture, providing cost benefits to organizations compared to traditional storage area networks. Organizations are increasingly adopting intelligent working modes where AI/ML algorithms analyze and derive insights from relevant data sets, enabling end-to-end automation of data management processes. Integration with orchestration platforms, such as Kubernetes, facilitates data portability across environments. This provides an ideal opportunity for OBS solution providers to innovate and establish a strong presence in the market.”

OBS offers extensive metadata capabilities, cost-effective data growth management, and scalability to meet the increasing demand for data storage and access. Using OBS, data can be securely stored or retrieved directly from the internet or cloud platforms . Multiple management interfaces provided by object storage enable users to manage storage easily.

Object storage has found applications in archiving infrequently used data with multiple levels of security for confidential information. In the healthcare industry, object storage stores unstructured data such as medical records, images, and healthcare information. Multiple media platforms utilize object storage for unstructured audio, video, or image file formats. OBS vendors are also expanding their presence in the retail industry, providing secured data storage, faster data retrieval, increased platform scalability, and data accuracy.

The research includes a detailed competition analysis and vendor evaluation through the proprietary SPARK Matrix analysis. Vendors in the SPARK Matrix include Cloudian, Cohesity, DataCore Software, DataDirect Networks Storage, Dell Technologies, Hitachi Vantara, Huawei, IBM, Inspur, MinIO, NetApp, Nutanix, OSNEXUS, Pure Storage, Quantum, Qumulo, Quobyte, Scality, Seagate Technology, SoftIron, VAST Data, WEKA, and Zadara.

About Quadrant Knowledge Solutions

Quadrant Knowledge Solutions is a global advisory and consulting firm that serves as a strategic knowledge partner for clients in achieving business transformation goals with Strategic Business and Growth Advisory Services. The company’s research and consulting deliverables provide comprehensive information and strategic insights, enabling clients to formulate growth strategies to succeed in ever-changing business environments.
For more available research, visit: https://quadrant-solutions.com/market-research/

Media Contacts:
Quadrant Knowledge Solutions

Mr. Ajinkya Ingle
Quadrant Knowledge Solutions
Regus Business Center 35 Village Road, Suite 100,
Middleton Massachusetts 01949 United States
Email: ajinkya@quadrant-solutions.com
Phone: (+1) 978-605-1066