Will Cloud Storage Become a Crucial Component of Business?

Abhinav Anand | March 28, 2022 | 297 views

Will_Cloud_Storage

Why Opt for Cloud Storage?

Earlier, storing data was one of the biggest challenges that users and organizations faced equally. The first hard drive, which was introduced in 1956 by IBM, weighed over a ton and almost occupied a whole room. The hard drive had acapacity of just over 3700 kilobytes. Whatmight seemtoo little in contemporary times was considered a technological revolution back inthose days.

The introduction of cloud computing and cloud storage completely changed the landscape of storing data. Cloud storage is the storageof data across multiple servers instead of a physical device. Cloud storage has been in great demand since organizations have begun migrating to cloud platforms. Cloud storage scores big byproviding businesses with a virtual infrastructure that is highly effective in accessibility, scalability, and data customization.


What Difference Would Cloud Storage Make in Your Business?

Cloud storage offers businesses various benefits that would help them improve their overall functionality. Using cloud storage, companies can effectively increase their accessibility while reducing the overall expense of data storage on local servers. Even though many organizations have seen positive results in shifting to storing data in cloud, several organizations are still skeptical about making this shift.

We'll now be talking about how cloud storage would aid businesses in addressing these lingering doubts.

 

Cost-Efficient

The first and foremost benefit is moving to storage in cloudwould help organizations cut down on their storage costs. Cloud storage is generally more affordable as the cloud service provider divides the cost of infrastructure among multiple businesses. In addition, moving your business to the cloud reduces the organization's hardware and maintenance costs.

 

Enhanced Security

By opting to store data on the cloud, organizations would be using cloud storage housed in a data center that provides enterprise-level security compared to having hardware within the office premise. Additionally, there is absolutely no single point of failure in the cloud as data is backed up onmultiple servers.

 

Scalable Service

One of the most important features of cloud data storage is the option of a pay-per-demand feature that organizations can avail. With this, youneed to pay for what you want to use.This eliminates the need to estimate how much storage space you would require for the year and risk paying for storage space that can remain unused.

Cloud computing is a great euphemism for centralizing computer services under one server.

Evgeny Morozov, author and technology skeptic


Features Offered by Corporate Cloud Storage Providers

While you are trying to evaluate how effective cloud storage would be for your organization, it is essential that you also weigh the features offered by cloud storage providers. To ease you throughthis step, we have listed some of the most renowned cloud data storage providers and their salient features.

 

Microsoft One Drive

One of the most widely used cloud storage services, Microsoft One Drive, connects files across Office 365. They also provide users with complete visibility and control oversecurity. OneDrive for business also offers capabilities like syncing reports and managing migrations.

 

Google G-suite

Built on Google's robust and secure global infrastructure, remote teams can easily stay connected and do it all with utmost safety. Their built-in security features help keep data, devices, and users protected, and along with that, the files are also automatically backed up in the cloud.

 

Amazon Web Services

AWS ensures that organizations get a flexible and secure cloud platform where they can go about their business. Using best-in-class encryption and little downtime, AWS ensures that customer information, identities, applications, and devices are protected.


How Does Cloud Migration Assist the C-suite?

Several businesses and IT professionals worldwide are constantly shifting from on-premise infrastructure toa scalable, economical, and agile infrastructure by migrating to the cloud, especially those inclined towards using cloud storage.

According to IBM's research, 60% of the 380 CIOs and CTOs polled stated that their IT infrastructure isn't entirely prepared for the future or large-scale disruptions caused by the COVID-19 pandemic.

Moving data to the correct cloud solves communication, collaboration, security, storage, and data availability issues.

Features of cloud storage that the C-suite can leverage are:

  • Flexibility in Operation
  • Increase in Transparency
  • Enhanced Risk Management
  • Improved Security


Conclusion

When you see the overall picture, using cloud storage would, in many ways, improve the functioning of organizations. Once you have cracked how to use cloud storage, the rest of the process is a mere cakewalk to leverage its benefits. Using cloud storage can help businesses drastically reduce infrastructure and maintenance costs with the right strategy.


FAQ

 

What Does Cloud Storage Mean?

Cloud storage is the cloud computing model that stores data on the internet through a cloud computing provider who manages and operates data storage as a service.

 

What Are the Types of Cloud Storage Available?

There are four types of cloud storage services:

  • Public cloud storage
  • Private cloud storage
  • Hybrid cloud storage
  • Community cloud

 

Why Do We Need Cloud Storage?

Using cloud storage helps you make your data highly accessible. With cloud storage, you can access your files from anywhere with an internet connection. This also helps you cover major issues like hardware failure or any other kind of malfunction.

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