Which aspect of NetApp Cloud Volumes ONTAP contributes significantly to cost savings in cloud storage management?

Data deduplication and compression play a vital role in significantly reducing storage costs in cloud storage management. With deduplication, only unique instances of data are stored, eliminating redundant copies across the storage environment. This means that less physical storage is used, which translates to lower costs since cloud storage pricing is often based on the amount of data stored. Compression further enhances this savings by reducing the size of the data stored, allowing more data to fit within the same storage capacity.

By effectively minimizing the amount of data that needs to be stored, organizations can reduce their operational costs, making their cloud storage solutions more economical. This is particularly important in cloud environments where scaling and managing storage costs are critical factors for optimizing resources and budgets. Thus, the ability of NetApp Cloud Volumes ONTAP to perform data deduplication and compression is a significant contributor to overall cost savings in cloud storage management.