Case Study: MayStreet Slashes Storage Costs with Wasabi Technologies

MayStreet Slashes Storage Costs And Streamlines Operations with Wasabi

MayStreet, a specialist in packet capture, historical market data, and market-access software for capital markets, needed economical, fast, and reliable archival storage to keep up with rapid data growth. With roughly 3 TB of new data generated every day and on-premises storage nearing capacity, the company looked for a more efficient alternative to expanding its data center infrastructure. MayStreet turned to Wasabi Technologies and its hot cloud storage service.

Wasabi Technologies provided MayStreet with hot cloud storage for secondary storage and backup, helping the company archive historical and infrequently accessed data, free up on-prem storage capacity, and simplify operations. The results were significant: storage costs dropped from about $250,000 per year with AWS or Google to about $60,000 per year with Wasabi, while the pay-as-you-grow model, no egress fees, and highly durable storage improved agility, protected data, and freed IT staff to focus on innovation.

MayStreet

Michael Lehr

Chief Technology Officer