Thai Floods Swell the Case for the Cloud

Share this page

7th November 2011 Back to Press Releases

With the global hard drive shortage looking set to continue into 2012, IT managers can limit their exposure to price hikes and make certain they have their storage needs covered by outsourcing to the cloud, says Databarracks, a UK-based hosting provider.

Prices have rocketed as production in Thailand, the world's second largest manufacturer of hard drives, grinds to a halt because of severe flooding.

Waters are still threatening to inundate Bangkok and the number of deaths caused by flooding has risen to around 500. An estimated 14,000 factories have been damaged, with those producing hard drives being amongst the worst hit.

As a consequence, prices of hard drives have doubled over the last few weeks and analysts are predicting they could double again.

"The repercussions of the Thai floods could last well into next year and hard drives will not only increase in price but could also become difficult to obtain," believes Oliver Mather, IT Director at Databarracks.

Databarracks have made a commitment to their cloud customers, both current and prospective, that they will not be passing on the increased storage costs.

Oliver Mather adds, "With the global storage supply chain uncertain, there has never been a better time for businesses to move their infrastructure to the cloud. We have invested heavily in our storage and cloud infrastructure in recent months which has ensured our capacity will not be inhibited by the tragic events in Thailand."

Ends

For more information please contact:

Leonie Guguen

Communications Manager, Databarracks Limited

Direct Line: +44 (0) 161 408 5040

Mobile: +44 (0) 7968 866629

Email: leonie.guguen@databarracks.com

Notes to Editors:

• Databarracks provides managed and co-location hosting services, as well as IaaS (Infrastructure as a Service) and SaaS (Software as a Service) to shared or private cloud platforms.
• Databarracks was founded in January 2003 and was one of the first companies in the UK to provide fully-managed backup as a service.
• With offices in London, it has UK-based ISO27001 and PCI compliant data centres in the ultra-secure confines of nuclear bunkers in a low risk areas.
• The security of the data centres combined with the highly skilled staff and unbeatable customer support make Databarracks the preferred choice for many businesses including: Legal & General Investment Management, Daily Mail General Trust, ITV, Help for Heroes, Ping and Hoseasons.