The cloud storage provides many benefits to enterprises, including that it’s less expensive and offers space for unlimited data. 30% of all corporate data was stored on the cloud in 2015 and by 2025 it is expected to be worth $140 billion.

Learn the pros and cons of cloud storage

Cloud storage provides the ability for someone to access a file from their device and location of their choice, without the hassle of downloading.

Remote management support is also a perk of cloud storage, which can be handled by an internal IT team or managed service. They can troubleshoot without being present on-site, speed up issue resolution.

Cloud storage allows you to grow your business with ease. Unlimited capacity means that any increase in data can be handled quickly and smoothly.

Backup content that is remote ensures the security of your data in case a disaster occurs, such as a natural disaster or a cyber-attack.

Ultimately, you can save lots of money on hardware equipment, storage facilities, power supply, and personnel by investing in the cloud.

There are a few disadvantages of cloud storage, but by using those disadvantages and making pragmatic decisions in your strategy, you can work around those disadvantages and make a great cloud storage experience.

When data is stored in a single public cloud, there’s a risk of vendor lock-in and insufficient capabilities. So, create a hybrid or multi-cloud environment to work around this.

The cloud can be a breeding ground for security vulnerabilities in public clouds, which is why private cloud environments would be best for sensitive data. With a cloud data protection plan, you can reduce the risks for these vulnerabilities.

Unplanned use of cloud systems can cause your IT landscape to become scattered over time. That’s why you should have a strategic blueprint outlining your short, medium, and long-term cloud roadmap.

With a cloud provider, data could become inaccessible if there was an outage. You need to get redundancy for your most critical data.

Cloud storage often goes over budget because of how much data is being stored. A cloud resource management tool can help you manage your expenses by giving you visibility.

Regulated businesses, such as healthcare, finance, government, and education, usually collect and retain huge amounts of sensitive data. This might include anything from patient medical histories to school kids’ names and addresses or payment card information. For information like this, it might be beneficial to use private cloud storage to safeguard the data from the hazards of a multi-tenant cloud architecture.

Private cloud storage also protects you against vendor-related disruptions and downtimes, which would otherwise leave these critical data assets unavailable. In reality, the private cloud is mission-critical for businesses in regulated sectors where sensitive data is required for day-to-day business activities rather than merely compliance-related archives.