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 Channel Futures

Business Models


Vembu: Corporate Cloud and Consumer Cloud Storage

  • Written by Matthew Weinberger 1
  • October 15, 2009

Vembu, best known among managed service providers for their rebrandable StoreGrid, a network storage product that backs up drives locally and to Amazon’s cloud, is making a move into consumer territory. The twist is, they don’t really expect to make much money from it.

Vembu Home, as it’s called, is currently in closed beta, but you can put yourself on the waiting list for an account. When it’s open, it’ll be free to back up to local drives, and what they say will be competitive pay-per-use rates to back up to the cloud. Interestingly, that money is really meant to offset server expenses, not to help them turn a profit.

“Honestly, we don’t believe there’s a lot of money (yet) in the way consumer backups are currently pitched,” wrote Vembu President Lakshmanan “Lux” Narayan in a blog entry on the new service. “We  believe the existing leading consumer backup services are bleeding — and bleeding bad.”

The India-based company is looking at Home as an opportunity to get their brand name out there, not as a replacement for their business markets. They’re also hoping to form partnerships with hardware manufacturers.

Follow MSPmentor via RSS; Facebook; Identi.ca; and Twitter. And sign up for our Enewsletter; Webcasts and Resource Center. Plus, check out more MSP voices at www.MSPtweet.com.

Tags: Cloud Service Providers Digital Service Providers MSPs VARs/SIs Business Models

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One comment

  1. Avatar Lux October 15, 2009 @ 1:03 pm
    Reply

    …and we have 50 invitations (to the private beta) for MSP Mentor readers.

    Simply enter the invitation code:
    MSPMENTOR
    at http://home.vembu.com

    Lux
    Vembu Technologies

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