We’re talking about the cloud, but really, who isn’t? By now, you have probably heard many times the words “cloud” and “virtualization.” But everyone’s still touting the cloud’s ability to increase efficiencies and cut costs. Is it all too good to be true?
Perhaps not, Forrester Research estimates that the cloud computing market will break US $240 billion by 2020. For those keeping score at home, that is a US $200 billion increase in just one decade. Clearly, there is something about this cloud thing that attracts customers. But what is really driving it?
Essentially, data storage is driving the cloud craze. IDC Corporate US reports that the amount of information to be stored will grow 50 times by 2020. Here is an impressive number—1.8 zettabytes. Sounds big, right? It is equivalent to every person in the US pushing out three tweets per minute for more than 26,000 years!
There is simply not enough physical storage. At some point, it becomes cost-prohibitive to house and manage all this data—not to mention, the threat of data loss. Think it’s frustrating when your laptop crashes? Try being separated from all your corporate data for weeks. Recent natural disasters like Hurricane Isaac in the US remind us of just how damaging data loss can be.
The advantage of cloud storage is really an opportunity that is too good to refuse. That is what DiCicco, Gulman and Company found when launching their cloud initiative. The company keeps costs down by sending gigabytes of highly sensitive encrypted data to the cloud leveraging de-duplication and compression. This means no more digging around in dusty boxes in the middle of the night to find old tapes. Backups occur automatically and are placed in a secure cloud using data de-duplication. In my recent ISACA Journal article “Cloud Storage—Bursting Through the Hype
,” learn more about this project of business continuity, cloud backup and disaster recovery that allows DiCicco, Gulman and Company to successfully make the tape-backup transition.
Cloud-based storage means no more panic in the middle of the night concerning the safety and availability of your data. Threats of natural disaster and security breaches are significantly reduced as cloud storage becomes a significant element of an off-site disaster recovery plan (DRP).
Add security to the time savings as well as decreased data
storage and management costs and it is clear why companies are looking long and hard at cloud storage.