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The Pros and Cons of Cloud Storage for Your Business

In an age of remote work, having the ability to access important data from anywhere is critical to business success and longevity. Yet there are both right and wrong ways to expand access to your organization’s most critical files on the cloud.

Cloud storage is certainly a good option, but it’s not a one-size-fits-all model. To understand which cloud solution is best for your business operations, you must have a keen awareness of the benefits and disadvantages (prior to migrating your data).

Keep reading to discover what cloud storage is, and to learn about the pros and cons you should be aware of before implementing cloud storage in your business.

What is Cloud Storage?

Cloud storage is an aspect of cloud computing that describes where data is stored on the internet. Individuals and businesses can both leverage cloud-based storage for files, but there are several differences when it comes to personal versus corporate needs.

Cloud storage is typically offered and carried out through a cloud storage provider. The most popular options include Amazon Web Services (AWS), Google, Microsoft, and subscription-based services like Box. 

Most providers have different options for the number of users, amount of available storage, and cybersecurity frameworks. Cloud storage may also change based on whether the cloud you use is public (shared with other users) or private (hosted on an individual basis). 

Pros of Cloud Storage for Business

Cloud computing offers substantial rewards for modern businesses that are willing to migrate and maintain cloud-bases processes. The benefits and advantages for cloud storage in corporate settings are as follows.

  • Flexible working arrangements – By operating and storing files on the cloud, employees don’t have to work from one physical location. While working from a central place is still possible, cloud storage also enables dispersed teams and remote work possibilities. Settings can be adjusted to accommodate for specific levels of access and secure login credentials.
  • Speedy accessibility – Cloud-based storage is often fast and effective. Because data isn’t housed on physical hardware or in-house servers, employees can quickly call upon and access the information they need from anywhere. Cloud providers are responsible for managing the uptime and response rate for various cloud solutions.
  • Emergency response plans – When businesses rely on cloud storage, they also benefit from emergency response and data backup plans. These contingency plans are particularly important in the face of cybersecurity risks, data breaches, and other compromising situations. Cloud providers offer an additional layer of protection in the face of these ongoing cyber threats.

Cons of Cloud Storage for Business

Although there are plenty of reasons why storing corporate data on the cloud is a smart move, there are a few disadvantages to be aware of. No data decision is without risk, and the points that follow are simply reminders of what you might be up against in a digital corporate climate.

  • Data privacy concerns – When you place or store data on the cloud, that information is usually housed alongside other businesses or organizations. Additionally, since the data is maintained externally, it may be impossible to truly understand or see which individuals have access (on the part of the cloud provider). As a result, some businesses may worry about the confidentiality of data on the cloud.
  • Compliance problems – Because so much of today’s business takes place digitally, regulators and government agencies have introduced an increasing number of new mandates to regulate and protect sensitive information. When choosing a cloud storage provider, make sure to inquire about the provider’s compliance, accountability, and commitment to new data policies.
  • Data management hassles – When you store your own corporate data, you can develop structures, workflows, and processes that are customized to your exact needs. When storing data on the cloud, you’re subject to the provider’s framework. Even though this can provide assurance and organization, some users crave more control over the data management policies they abide by.

How MicroTech Systems Can Help

At MicroTech Systems of Boise, we understand that choosing the right cloud provider can be tedious, slow, and complicated. That’s why we’ve developed a cloud file sharing matrix to make the choice easier.

When you partner with MicroTech Systems, our team will review your small business or enterprise needs, compare available cloud storage options, and ensure the right storage solution based on your growth goals.

Conclusion and Takeaways

Cloud storage is one way that you can accelerate your business and expand options to both internal and external team members. 

By leveraging cloud computing, you can move your business into the contemporary workforce and make it easier for your employees to perform their work successfully.

Reach out to MicroTech Systems today to learn more about our Cloud IT Services. We can assist as you modernize your cloud-based strategies, pick the most secure options, and streamline workflows to suit the cloud. Stay competitive and relevant with the best cloud solutions possible.

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