The Bottom Line – The Cloud is here to Stay
While there are clear pros and cons to both approaches, cloud storage has some other notable key benefits worth mentioning. While the above table offers a high level comparison, some points require further clarification of cloud benefits.
Cloud Cost Savings
If you’re currently using on premise data storage for your business, moving to the cloud can provide a number of important benefits like cost savings, especially if you’ve been spending a fortune on server upgrades and software licensing. By moving to the cloud, you can redirect funds to more productive parts of your business.
No Up-Front Hardware Costs
Cloud storage requires no up-front hardware costs and associated investments. Instead of investing in servers and software, you can store your data securely in the cloud and take advantage of the cloud storage provider’s existing security and infrastructure.
Mobility and Scalability
Cloud storage is also the better solution for mobility and scalability. Since files are stored remotely, they can be accessed from anywhere. Scalability is another key advantage that allows your business to more readily adapt to changing conditions.
Security is another key benefit of cloud storage, but it is important to note that security is not equal throughout all cloud providers. If you want to enjoy security advantages of the cloud, you need to choose your provider with care. Not all cloud storage providers are the same, and finding a reputable company to safeguard your data is absolutely essential. Call Ontech Systems at 262-522-8560 if you need assistance and we can recommend a reputable provider and solution that fits your needs.
Drawbacks of Cloud Storage
In order to move to the cloud, you’ll need to ensure there is sufficient bandwidth to make the cloud storage solution work. Since data is stored remotely on cloud servers, the information will need to travel and a fast means of communication is critical.
The ideal scenario for cloud services is a location where you have a fiber optic cable installation. This can give your business the high speed it needs to send files back and forth with ease.
Lower return on Investment in terms of pricing structure
While cloud storage offers a host of benefits, it’s not right choice for every business. In fact, on premise data storage yields a better ROI, primarily because it is a one-time investment with no ongoing monthly maintenance fees.
Specialty software may not be compatible
Cloud storage can be problematic if your business uses specialty software, especially if that software is not compatible with cloud-based standards. Businesses that routinely work with massive files may also have issues with cloud storage, since these high-bandwidth files take time to upload.