Arrow Electronics Expands Managed Service Offering With Cloud Object Storage For Backup On Arrowsphere Cloud; Built On IBM Cloud, The New Service Will Support Growing Need For Data Protection
Portfolio Pulse from Benzinga Newsdesk
Arrow Electronics has expanded its managed service offerings by introducing Cloud Object Storage for Backup on ArrowSphere Cloud, built on IBM Cloud. This new service, developed in collaboration with IBM Cloud and Anycloud, is designed to support the growing need for data protection. It offers advanced encryption, data protection measures, and is stored in IBM datacentres. The service is available exclusively to Arrow channel partners across EMEA and features a user-friendly management portal and a fixed price per TB pricing model without setup fees. It is compatible with any backup software or SaaS that supports BYOS and ensures data durability by replicating it across multiple devices and IBM datacentres.
April 12, 2024 | 10:38 am
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Arrow Electronics introduces a new Cloud Object Storage for Backup service, leveraging IBM Cloud to offer advanced data protection and encryption, aimed at channel partners in EMEA.
The introduction of a new cloud object storage service by Arrow Electronics, designed for backup and built on IBM Cloud, directly impacts Arrow's product offering and market position. This expansion into cloud-based data protection services could attract more channel partners and customers, potentially increasing Arrow's revenue streams. The service's focus on advanced encryption, data protection, and a fixed pricing model without setup fees makes it an attractive option for businesses, likely leading to positive short-term impacts on Arrow's stock.
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