Best I can figure, this will cost you around $180K for 44TB for three years. I think that's actually a very low estimate. The pricing is confusing. :-)
A Dell MD1220 with 24 Crucial M4 512GB SSDs will run you $12,600. That's 12TB. Multiply by 4, enable compression, etc etc.
You could buy two of those setups, pay for power, cabinet space, and bandwidth, have a ridiculous amount of IO available, with single-digit millisecond latency, pushing 6Gbps and still have money to burn. And it'll take you (much) less time to unbox and setup than it will to push that much data up to AWS.
Granted, this new service is probably only 50% more expensive than hosted your own, and if you have zero IT staff, it might make sense in some scenarios, but it's definitely not a no-brainer.
It doesn't need to compete with Terradata. It needs to compete with Dell, and in that field, it's still the more expensive option by a significant price margin, as well as being (odds are good) at least a couple orders of magnitude slower.
A Dell MD1220 with 24 Crucial M4 512GB SSDs will run you $12,600. That's 12TB. Multiply by 4, enable compression, etc etc.
You could buy two of those setups, pay for power, cabinet space, and bandwidth, have a ridiculous amount of IO available, with single-digit millisecond latency, pushing 6Gbps and still have money to burn. And it'll take you (much) less time to unbox and setup than it will to push that much data up to AWS.
Granted, this new service is probably only 50% more expensive than hosted your own, and if you have zero IT staff, it might make sense in some scenarios, but it's definitely not a no-brainer.
It doesn't need to compete with Terradata. It needs to compete with Dell, and in that field, it's still the more expensive option by a significant price margin, as well as being (odds are good) at least a couple orders of magnitude slower.