If your company stores data, it\u2019s most likely stored on-premises, as our estimates show only 30% of organizations have moved the bulk of their data to the cloud. Using on-premise storage makes it challenging to manage costs. Wasabi\u2019s calculations show that 1 PB of on-premise storage over five years can run to almost $2,000,000.\r\nThat five year span is important to note, as it\u2019s the time when storage hardware usually needs to be replaced. During that time frame, there are a few methods for squeezing the most out of on-premise storage.\r\n\r\n\u00b7 In zero-block elimination, data that contains only zeros can be detected and erased from the disks. It\u2019s a way of reclaiming space and regaining some previously wasted storage capacity.\r\n\u00b7 Deduplication is just what it sounds like\u2014it finds and removes files that are exact copies of one another.\r\n\u00b7 Compression considers the number of bits needed to maintain file fidelity and tries to use the fewest bits possible without distorting the files.\r\n\u00b7 In thin provisioning, data is allocated to storage on demand rather than in advance. It\u2019s a way of pooling shared storage, with the understanding that not every user will be using all of their allocation at the same time.\r\n\r\nWith data growth doubling every year in many companies, these methods will be quickly outpaced by the amount of data to be squeezed. In comparison to on-premise solutions, cloud storage is much better equipped to handle data\u2019s rapid growth rate. At Wasabi, we have a better way\u2014cloud storage that\u2019s affordable, fast, and reliable.