Estimate ROI with Storage Optimization Cost Calculator

1. Data Optimization will analysis and detect Redundant, Obsolete, and Trivial Data.
2. Data Optimization will reduce tier storage that is identified as Redundant, Obsolete, and Trivial Data across the provided tiered storage layers.
3. The estimated overall optimization in the data storage usage will result in the following at the end of 5 years.
4. Savings from ROT Disposal: $7500.
5. Savings from Re-Tiering Smart Data: $9723.
6. Estimated potential Yearly ROI of $17K.
7. Reduction in the organization's storage footprint by 25%.
8. An overall savings of $86K, excluding the Storage Optimization Cost Calculator software licensing costs of $20K.

Detailed Explanation and Description

1. The Storage Optimization Cost Calculator solution will analyze the organization's data to identify and eliminate Redundant, Obsolete, and Trivial Data.
2. Using the industry standard for the Financial Services 25% of the total storage 10 Terabytes is identified as R.O.T and targeted for removal.
3. The reduction in storage requirements leads to lower costs for both primary storage tiers and backup solutions.
4. The organization's defensible deletion policy ensures that data removal complies with legal and regulatory standards, reducing risk and improving data management practices.
5. The ROI from reduced storage needs can be reinvested in other business areas, driving efficiencies, and increasing profitability.