Taipei, Taiwan, June 22, 2017 (GLOBE NEWSWIRE) -- XnBay Technology, a new personal storage brand from Taiwan which aims to break through the limitation of cloud storage services and provides ultimate privacy and security to personal data, debuted its intelligent storage platform XnBay U2 at Taiwan IoT Expo in Computex Taipei 2017.
According to Grand View Research 2016, personal cloud storage market is expected to reach above USD 85 billion by 2022, thanks to the rising demand for storing and sharing personal data and beyond 4K multimedia files. Like the domino effect, more than 7 cloud storage service providers in China discontinued their free services since last year, including the well-known for a time provider which used to provide 36TB free cloud storage. This wave of closedown suggests the need for data storage transfers from public cloud to private storage sector, and people now have the idea to own their private storage for permanent use. Apple recently dropped 50% of its 2TB iCloud storage plan monthly fee, which suggests the cloud storage service becomes more competitive and the idea of paying monthly fees is not appealing. XnBay foresees this trend in advance and provides an equally convenient service like cloud solution with more privacy for consumers who do not want to upload personal files to the cloud and pay monthly charges. Unlike cloud storage services, XnBay U2 positions itself on the need for data privacy and other than that, its local storage concept also echo the rising trend of Edge Computing, which is a method of optimizing cloud computing system by performing data processing at the edge of the network, near the source of the data to process locally for efficiency and better user experience.
XnBay U2’s innovative concept lies in incorporating image recognition technology into a user-friendly personal cloud platform. This unique feature helps people organize their photos by different faces, so photos can be categorized automatically and displayed by name tags easily. Visitors from Computex like XnBay due to its mass storage space, XnRAID advanced data mirroring protection, tool-less design, and friendly user interface. It is powerful with H.265/VP9 hardware acceleration engine, but not requires technical knowledge to install and learn to use. XnBay U2 is easy to access by simply log in via browser or App, beyond 16TB storage is at your disposal. All friends’ files from smart devices can be easily gathered to XnBay personal cloud storage platform by drag-and-drop, which realizes a fantastic solution for convenient and unlimited large file sharing on social media, intelligent file categorization, and 4K video streaming anywhere in the world, with no more limitation on file size, format, and the disturbing monthly fee. Moreover, such idea attracted buyers from China, Japan, Malaysia, Hong Kong, India, UAE and United States to show their interests and inquire about XnBay U2, as well as received numerous inquiries out of 41,300 visitors from 167 countries who visited the Taiwan IoT Expo and Computex Taipei 2017.
About XnBay:
XnBay Technology as an innovative startup was invested by USI Inc., is a global ODM/EMS company providing design, miniaturization, material sourcing, manufacturing, logistics, and after services of electronic devices/modules for brand owners. Through the sales service network in North America, Europe, Japan, China, Taiwan, and manufacturing sites in China, Taiwan, Korea and Mexico, USI is capable of serving customers with balanced and diversify product/technology offerings in the sectors of wireless communication, computer and storage, consumer, industrial, and automotive electronics worldwide.