Storj Demonstrates Next-Gen Cloud Storage Outperforming AWS and Other Hyperscalers, Redefining Streaming and File Sharing Speed for M&E Companies at 2023 NAB

Storj, the leader in enterprise-grade, globally distributed cloud object storage, today announced that it will be showcasing the latest version of Storj, with the newest features of its global network at the 2023 NAB Show Centennial. The latest updates build on the company’s existing distributed model to allow for less latency, reduced data transfer times, and unprecedented performance, security, and scalability. This next evolution of its network is globally faster than industry giants like AWS, enabling media companies to reduce cloud storage costs by 10x without sacrificing reliability or performance.

Media companies rely heavily on the cloud, not only for storing and streaming digital assets but for day to day workflows. With data stored globally across over 22,000 nodes, Storj’s distributed model makes file sharing across teams quick and efficient, regardless of their location because the data is retrieved from the closest nodes. Storj’s latest enhancements make the network faster, streamlining workflows and accelerating project timelines for global production teams. Not only does the Storj distributed architecture result in speed of file delivery, it also reduces costs because the files are not required to be replicated across regional data centers.

In addition to video archival and collaboration, Storj’s distributed network has CDN-like performance that makes it an ideal solution for streaming. The distributed global network of nodes store and retrieve data, instead of centralized servers or a CDN. This results in improved performance and lower latency when accessing data globally because there are more paths for the data to take – rather than depending on the performance of a single centralized source. With this fundamental advantage, Storj can provide fast and reliable access to video content around the globe without maintaining or paying for multiple copies stored in different locations. Storj’s latest enhancements make the network up to 40x faster for high definition video downloads.

“Our monthly cloud storage and bandwidth costs were spiraling towards a six-figure expense, and we knew we needed to find an alternative to the AWS, Vimeo, Wistia, JW Player video tech stack for Tribe Social™,” said Bruce van Zyl, co-founder of Tribe Social. “Once we discovered Storj’s decentralized cloud storage solution we realized that we could save significant amounts of money. The cost-savings made it an easy decision to switch, and now our platform reliably distributes videos that load quickly with over 100TB of data transmitted every day.”

Storj is up to 90 percent less expensive and faster on a global basis than hyperscalers, making it an attractive option for media companies looking to reduce costs while still benefiting from enterprise-grade durability, reliability, and security. In Storj’s distributed model all data is encrypted, redundantly sharded, and globally distributed, making it highly resilient to failure. There is no centralized trove of unencrypted data to be attacked by malicious parties or compromised by careless administrators, making it ransomware resistant.

Additionally, because Storj uses existing hard drive capacity, it is one of the greenest cloud storage solutions available.The global network of storage nodes uses primarily spare capacity on drives already running, requiring no incremental equipment, power or space. Designed from the outset to be environmentally sustainable, Storj has been able to create the storage capacity of multiple datacenters without new construction or energy consumption. Analysis suggests that the carbon footprint of Storj is less than 1/10 of that of more traditional storage.

To learn more about Storj or see a demonstration, stop by Booth N1822.

• Storj is co-sponsoring a Happy Hour with Hammerspace on Monday April 17 4:30-6pm.
• Storj is the marquee sponsor of NABiQ, innovation workgroups that attendees can participate in to solve the industry’s biggest challenges. Join Storj and Livepeer to hear how to reduce carbon emissions while ensuring seamless streaming experiences.

Stop by the booth to see partner demos including:

• GB Labs and Storj to demonstrate the new Unify Hub Generation 2 and Nebula working seamlessly with Adobe Premiere.
• Atempo’s Miria integration with Storj dramatically reduces storage costs without sacrificing security or performance for media archival with global access.
• Ad Signal’s integration with Storj to improve the visibility and management of video content, while reducing costs and improving workflow efficiency.
• Amove connects to Storj to allow access to all of your content in one place faster and with more flexibility.

About Storj

Storj is a leader in decentralized cloud object storage. Built for developers, architects, and IT ops professionals, Storj delivers blazingly fast, CDN-like performance at cold storage prices, enterprise-grade durability, and better security with no vendor lock-in and no single points of failure. Storj meets the leading-edge privacy and sustainability demands for traditional use cases, Web3, and dApps. Easily integrated into any existing stack with S3 compatibility, Storj is architected as a trustless globally distributed network that utilizes existing excess storage capacity making performance, privacy, and resiliency available to any size organization, at 1/5 to 1/20 the price of hyperscalers. Storj stores multiple petabytes and has petabyte-scale enterprise and Web3 customers and partners like Pocket Network, Atempo, iXsystems, Gabb Wireless, and the University of Edinburgh.

To learn more about Storj, visit storj.io. Follow us on Twitter at @storj.

Contact Information

Molly O’Connor

Media Contact

VSC for Storj

mollyo@vsc.co