As we made generally available the latest generation of Storwize V7000 available yesterday (for those of you that missed it go here) , it seems timely to point out the research that was performed by Forrester using their Total Economic Impact™ analysis.
Here is the executive summary:
In October 2013, IBM commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examinethe potential return on investment (ROI) enterprises may realize by deploying Storwize V7000 with Real-time Compression. The purpose of this study is to provide readers with a framework to evaluate the potential financial impact of Storwize V7000 with Real-time Compression on their organizations.
To better understand the benefits, costs, and risks associated with a Storwize V7000 with Real-time Compression implementation, Forrester interviewed several customers with multiple years of experience using Storwize V7000 with Real-time Compression. Storwize V7000 is a virtualized storage system designed to consolidate block and file workloads into a single storage system for simplified management, reduced cost, scalable capacity, performance, and high availability.
Storwize V7000 with Real-time Compression provides additional levels of storage efficiency through compression of an organization’s primary storage environment. Prior to Storwize V7000 with Real-time Compression, customers had limited storage virtualization and compression technologies within their storage environments. With the rapid growth of their primary storage environments and need for high data availability, there was a requirement to make storage environments more efficient and effective through storage virtualization. With Storwize V7000 with Real-time Compression, customers were able to improve the time it took to provision data, improve staff efficiency, and improve the capital efficiency of their primary storage environments. According to one storage administrator, “Storwize V7000 with Real-time Compression allowed us to transform our storage environment, and shift from reactive to proactive [response] in storage allocation and provisioning.”
Here are the numbers:
Financial Summary Showing Three-Year Risk-Adjusted Results:
- ROI: 113%
- NPV: $839,113
- Payback: 14 months
- Average compression: 65%
These figures translate to benefits of more than $1,581,287 over three years, implementation costs of $742,174, and an NPV of $839,113. With Storwize V7000 with Real-time Compression, average compression rates for primary storage was 65% and the representative organization experienced additional savings in provisioning, hardware, and administration.
If you are interested in finding out more, then download the 22 page PDF: