Why Cloud Storage is Feasible in 2010

Source: Business Week

Author: Jeff Echols

With most emerging technologies, the hype is bigger than the reality. A welcome exception is cloud storage, which is enabling many organizations to achieve major economies of scale and greater control of growing data volumes.

We recently polled customers worldwide about their readiness to use cloud-based solutions. More than half of the 535 respondents said they were seriously considering cloud storage now or in the future. Companies of all sizes can reap the benefits of cloud storage for a number of reasons, including the ability to:

1. Access a lower-cost tier of storage and drive down IT costs;

2. Shift storage costs from a capital expenditure to an operational expenditure, freeing capital to support other parts of the business.

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