If you are considering investing in cloud storage for your business, you are not alone. Many of the businesses nowadays have been adopting this technology.
Pros and Cons should be considered in determining if cloud storage is good match to your company’s IT infrastructure.
CLOUD: The Good
1. Accessibility: You can get access to your files in the cloud anywhere as long as you have an internet connection. This allows you to move beyond time zone and geographic location issues.
2. Cost Savings: Cloud storage for your business will come at little or no cost for a small or medium-sized organization. Cloud storage can also cut your yearly operating cost and it can get you more savings because it does not rely on internal power to store information remotely.
3. Disaster recovery: All kinds of business should invest in an emergency backup plan and cloud storage can be used like this by creating a second copy of important files. These files are in a remote location and can be accessed with an internet connection.
4. Scalability: With cloud storage, you only need to pay the storage you need. When your business grows you can ask the cloud storage operator to upgrade your storage. This also works when you want to downgrade your storage.
5. Speed: Tests have shown that if the cloud is supported by the right enterprise, the speeds achieved can rival onsite scores. For example, an enterprise can have multiple servers backing up data simultaneously much quicker than backing up onto disk.
6. Storage immortality: The cloud offers the opportunity to bypass the risk of buying hardwares that will soon be out of date. Instead, you can pay for the capacity and performance your business requires, and your provider can upgrade the environment to keep pace with the latest technology. This is brought on by competitive pressures from other cloud providers.
CLOUD: The Bad
1. Security and privacy in the cloud: There are concerns about valuable and important files being stored remotely. Before having a cloud technology, you should be aware that you’re giving sensitive business information and data to a third-party service provider this could put your company at risk. This is why it is important to choose the most reliable service provider.
2. Bandwidth limitations: Depending on the service that you chose, there may be a bandwidth allocation. If your business reach the bandwidth, then charges could be costly. Some companies provide unlimited bandwidth and this is something to think about when choosing the right provider.
3. Vulnerability to Attacks: With your business information stored in the cloud, there is a vulnerability to hackers. The internet is not completely secure, and for this reason, there is always the possibility of stolen sensitive information.
4. Data Management: Cloud storage systems have their own strucure and this is a hassle. The existing storage management system of your business may not always integrate well with the other cloud vendor’s system.
5. Lifetime costs: With public storage, the costs over the years might increase and tend to add up. This is like buying a new car with large upfront cost. The convenience of lease payments might look appealing at the start but you will owe for mileage and overage and you have to pay a lot to keep the the car. This is when the lifetime cost will hit you. If your applications are local and your data is in the cloud, then it can add to networking cost.
6. Compliance: This depend on the regulation of your industry, it may not be possible to work within the public cloud. This is especially the case for healthcare, financial services and publicly traded companies that have to be especially careful when considering this option.
Do the pros of cloud storage outweigh the cons?
Despite the many concerns about security of Cloud Storage, many businesses see that the cost savings, accessibility and disaster recovery are more valuable than the risk of cloud storage.