Is ready nas an economical storage solution

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anirudha wrote:

Hi, I looking into Ready NAs and Is ready nas an economical storage solution

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That's a bit like asking if an automobile is economical.  The answer depends on your transportation needs.

The main reason for my NAS is that it allows me to consolidate my storage.  I used to have files scattered across various PCs and on various USB drives, optical media, etc.  The NAS lets me put everything on one device that I can access conveniently from everywhere.  Consolidation also simplifies my backup - since I have only one central repository (the NAS) to back up.

There are three other options for storage consolidation that I know of:

1. Cloud Storage (google drive, one drive, etc)
2. Connecting a USB drive to a PC or a router
3. Using a PC as a file server

Current Google prices for 10 TB of cloud storage is $100US per month.  You can purchase a ReadyNAS that gives you the same storage (with RAID protection) for about $900 - an RN212 and two 10 TB drives.  So if you need that much storage, the ReadyNAS would pay back in less than a year.  Note I'd actually recommend an RN214 or an RN424 for that amount of storage, and they would also pay back quite quickly.

Connecting USB drives to a router cheaper than a NAS, but also won't perform as well, and wouldn't support RAID.

If you have a suitable desktop PC already, then it could be cheaper to use as a file server.  But an entry-level ReadyNAS (RN200 series) would be less expensive if you don't.