There has been a lot of movement in the cloud storage sector recently, as more businesses show their growing confidence in cloud hosting.
Driving the movement to cloud for storage needs is increased efficiency, more resources and more mobile business. In fact, the global market for cloud equipment will reach $79.1 billion by 2018, according to a recent infographic from Seagate (News - Alert). Cloud equipment includes servers, storage, networking hardware and high-speed links.
Currently, it is estimated that more than 60 percent of businesses utilize the cloud for performing IT-related operations. In addition, about 15 percent of U.S. healthcare systems leverage cloud services to store images, a number that is expected to reach more than 50 percent in the next three years. And research firm MarketsandMarkets predicts that cloud storage will grow at a compound annual growth rate of 40.2 percent through 2018 to reach $46.8 billion.
Of course, not all cloud storage and cloud hosting services are created equal. Organizations can choose from a plethora of applications, whereas common cloud options come in more popular forms such as Google Drive, Apple (News
- Alert) iCloud, and Amazon Cloud Drive, a recent PCMag article pointed out. In addition, Datapipe offers a managed hosting solution, which includes administration services, migration services, monitoring services and database administration.
Further, education, financial and construction industries are also benefitting from cloud usage. These sectors report increased efficiency, more resources and more mobile business. By 2017, an estimated 50 percent of organizations will require employees to use their own devices – which will further drive the growth of cloud storage.
Before transitioning some of their most vital services to the cloud, businesses need to consider and analyze several areas and take a risk-free approach, TMCnet recently reported.
While savings is one of the benefits of services such as cloud hosting, it should not be the main consideration.
To read more on taking a risk-free approach to cloud hosting, click here.
Edited by Jamie Epstein