Just as the name implies, cloud Storage is a service where data/information is remotely maintained, managed, and backed up. This service allows the users to store files online so that they can be able to access them from any location using the Internet. When you use cloud-based services, your IT infrastructure resides off your property, office environment (off-premises), and is maintained by a third party (hosted), instead of residing on a server at your home or business (on-premises) that you maintain.
According to a recent survey conducted with more than 800 business decision makers and users worldwide, the number of organisations gaining competitive advantage through high cloud adoption has almost doubled in the last few years. A lot of the services used every day are part of the cloud—everything from web-based email to mobile banking and online file storage; because this infrastructure is located online or “in the cloud,” they can be accessed virtually anywhere.
The cloud storage has a plethora of advantages; the biggest one being that data can be easily accessed from any part of the world. While it increases work efficiency, it also reduces costs of operations in the long run. You can have remote data backups for your own convenience and this would go a long way in reducing the costs to the costs to set up the disaster recovery and backup units.
Another great advantage of the Cloud service is the Cost saving factor; organisations can often reduce annual operating costs by using cloud storage. This storage costs about 3 cents per gigabyte to store data internally, and its users can see additional cost savings because it does not require internal power to store information remotely. It also provides a wide bandwidth, which provides you with an option of sending a web link to recipients through your email.