Canopy Announces a New Strategic Partnership with Seagate Technology LLC.

Redefining Cloud Storage for Modern Enterprises

London, 9 October 2025 — Canopy, the independent cloud brokerage transforming cloud procurement and optimization and Seagate Technology, LLC, a global mass capacity data storage leader today announced a strategic partnership to help enterprises access secure, scalable, and cost-effective cloud storage with expert guidance and total transparency.

Empowering Multi-Cloud Freedom

At the core of this alliance lies Seagate’s Lyve Cloud, an S3-compatible, globally distributed object storage solution, engineered for AI, analytics, and cloud-native workloads. Lyve Cloud’s flat-rate pricing, with no egress or API charges, means predictable costs, giving enterprises unrivalled control over their cloud budgets. This approach directly supports Canopy’s values of cost transparency, contract negotiation expertise, FinOps leadership, and technical advisory, empowering companies to design flexible multi-cloud environments free from vendor lock-in or billing uncertainty.

Why This Partnership Matters

Enterprise storage needs are changing rapidly, driven by AI/ML, analytics, and increasingly rigorous compliance requirements. Seagate and Canopy’s combined offering addresses these challenges through several critical benefits:

  • Transparent, Predictable Costs: Customers pay only for the resources they use, with no hidden egress or API charges—enabling cost control and accurate forecasting.

  • Expert Negotiation & Advisory: As an independent cloud services broker, Canopy secures competitive deals, architects optimal cloud platforms, and guides enterprise cloud deployments with clarity and neutrality.

  • Global Reach & Compliance: Seagate’s worldwide network of data centers delivers low-latency performance while also providing data residency to help support customer compliance with local standards such as GDPR and CCPA, empowering businesses to operate securely and confidently with Lyve Cloud.

  • AI/ML & Modern Workloads: Lyve Cloud delivers high availability and durability for backup, archiving, analytics, and real-time ML pipelines.

  • Security & Protection: Enhanced encryption, object locking, and regional redundancy give enterprises strong safeguards against ransomware and data loss.

Shaping the Cloud Market

This collaboration responds to pivotal shifts in global cloud adoption:

  • Multi-cloud environments are now standard, with over 92% of large enterprises opting for multi-cloud architectures to boost performance, avoid lock-in, and address complex compliance.

  • Cloud brokerage is now mission-critical as businesses seek clarity, negotiation leverage, and strategic guidance from brokers like Canopy.

  • Channel partnerships fuel innovation — Seagate and Canopy bring integrated offerings, coordinated support, and shared leadership to the market.

The Bottom Line for Enterprises

For businesses navigating rapid growth and increasing data complexity, the Seagate-Canopy alliance makes cloud storage simpler, smarter, and more secure. Enterprises scaling AI/ML workloads, modernising backup, or building resilient global platforms gain flexibility, cost transparency, and expert support through this partnership.

Ready to take control of cloud strategy? Discover how to build a secure, cost-optimised, future-ready data foundation. Schedule a complimentary no-obligation cloud analysis with a Canopy expert today.