Seagate and Canopy Announce Strategic Partnership

Redefining Cloud Storage for Modern Enterprises

London, September 2025 — Seagate Technology, a global leader in mass data storage and cloud solutions, and Canopy, the independent cloud brokerage transforming cloud procurement and optimization, 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 infrastructure is designed for low latency and strong data residency, supporting compliance in regulated industries.

  • 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 Seagate and Canopy can build a secure, cost-optimised, future-ready data foundation.

About Seagate

Seagate Technology is a world leader in data storage solutions, powering the cloud with innovative, scalable, and secure storage platforms. Seagate Lyve Cloud delivers global, S3-compatible object storage with flat-rate pricing and no hidden fees supporting the most demanding enterprise workloads.

About Canopy
Canopy is the independent cloud brokerage helping businesses make smarter cloud decisions through expert negotiation, advanced FinOps, and comprehensive technical advisory. Headquartered in London, Canopy is recognised as the most trusted cloud services broker for enterprises seeking to achieve true operational and financial excellence across their cloud investments.