NETGEAR is aware of a growing number of phone and online scams. To learn how to stay safe click here.
Forum Discussion
Yann2
Mar 05, 2009Tutor
ReadyNAS Vault : great but overpriced!
Hi! Just saw the ReadyNAS Vault announcement : great news! Something I definitely need to really secure my data as my PC backups are, indeed, copied on my ReadyNAS Duo but still in the same locatio...
TimSee
Mar 02, 2011Aspirant
In yet another example of how far out of whack the ReadyNAS Vault pricing is, Google announced User Managed Storage yesterday. Want 1TB of storage in the cloud? Google charges $256 per year. ReadyNAS Vault? ...a comical $3049.
Yes, I understand the comparison is a bit of apples and oranges since the Google storage is no way integrated with the ReadyNAS. The point here is that ReadyNAS Vault integration is not a feature customers are willing to pay a >10x price premium for.
Cloud storage is a commodity and as such has commodity pricing (for everyone other than the ReadyNAS team). Charging your customers a premium for a commodity is a losing proposition.
Yes, I understand the comparison is a bit of apples and oranges since the Google storage is no way integrated with the ReadyNAS. The point here is that ReadyNAS Vault integration is not a feature customers are willing to pay a >10x price premium for.
Cloud storage is a commodity and as such has commodity pricing (for everyone other than the ReadyNAS team). Charging your customers a premium for a commodity is a losing proposition.
Related Content
NETGEAR Academy
Boost your skills with the Netgear Academy - Get trained, certified and stay ahead with the latest Netgear technology!
Join Us!