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Is Cloud Storage Cheaper than Local Storage?

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Technology has grown immensely, providing more opportunities for people and their businesses in recent times. More specifically, how information is stored has grown to include options beyond the local storage but in the cloud.

First, we should distinguish cloud storage vs local storage. Cloud storage involves storing digital data in an online space with many servers and locations. In contrast, local storage involves storing data on physical storage devices like solid-state drives(SSDs), hard disc drives (HDDs), flash drives, and other external storage devices. For any business, having a location to store data is essential.

So, this begs the question, which form of storage is better for your business, cloud storage vs local?

Local Storage

Here are Some Merits of Local Storage:

  • Local storage devices are typically faster than using cloud storage. This is because the data is stored locally on external storage devices. There is no need to transfer data over the internet. Local storage can be helpful if you need to access data quickly or if you are working in an area with a slow internet connection.

  • Local storage units can be more secure since they are not accessible by anyone except the user. This is because the data is stored locally on physical storage devices. No one can hack into the device and access the data. Local storage is helpful if you are storing sensitive data on your device.

  • These local storage devices can be used offline without the need for internet connectivity, which can be helpful in situations where internet connectivity is not available. The data is stored locally on the local storage hardware. Thus, it is unnecessary to have an internet connection to access the data. It can be helpful if you are traveling or working in an area with poor internet connectivity.

  • The local storage devices are less likely to experience data loss due to internet outages or other issues.

  • Local storage units can be used to store large amounts of data, which would be impractical to keep in the cloud.

Issues With Local Storage:

 

  • Local storage units can be easily lost or stolen. Your data could be accessed by someone who should not have access to it.

  • Local storage devices can be damaged or corrupted. This means that your data could be lost or inaccessible through local storage.

  • Local storage devices can be challenging to manage and keep track of. Finding your data or keeping track of the stored information on a local storage device can be challenging. This is especially difficult on large-scale local storage.

  • Local storage can be expensive. You may have to spend more money to purchase and maintain them.

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Cloud Storage

In greater detail, cloud storage can be defined as the practice of storing data across a network of remote servers, typically in a “cloud computing” environment. This is achieved through advanced data storage technologies such as disk virtualization, clustering, and RAID (redundant array of independent disks) to protect data from physical failures often accustomed to local storage.

Merits of Cloud Storage:

  • Ease of use: Cloud storage is easy to use and does not require special training. You can typically drag and drop files into your cloud storage account. They will be uploaded and available for you to access anywhere as long as you have steady internet connectivity.

  • Accessibility: You can access your data anywhere with an internet connection. This means you can carry out cloud computing, and view and edit your files from your laptop, tablet, or smartphone regardless of your location, unlike when using local storage.

  • Cost-effective: Cloud storage is typically more cost-effective than local storage methods. You only pay for the storage you use, and you do not have to invest in costly hardware and software.

  • Scalability: Cloud computing can be easily scaled up or down to meet your changing needs, unlike local storage. This means you can add or remove storage without incurring any additional costs.

  • Security: Cloud storage providers typically offer robust security features to keep your data safe. This includes features like data encryption and user authentication, unlike local storage, which significantly depends on one’s ability to create strong passwords, set encryption keys, and 2FA.

Demerits of Cloud Storage:

 

  • Security concerns: Some people may be worried about their data security when stored on a remote server. There have been a few high-profile cases of data breaches in cloud storage providers, which has led to some people being hesitant to use cloud services.

  • Cost: Some cloud storage providers charge monthly fees for their services. This can add up if you are storing a lot of data.

  • Reliability: There have been some issues with cloud storage providers going out of business or experiencing technical problems. If you rely on such a cloud provider for essential files, you may lose critical data.

  • Limited storage space: Some cloud storage providers limit how much data you can store. This can be a problem if you need to keep a large amount of data.

  • Slow speeds: Cloud storage can be slower than local storage, depending on your internet connection. This can be a problem if you need to access your data urgently.

  • Hardware and infrastructure costs – hardware and software components are necessary to implement cloud computing models.

Our Take on Which is Better Between Local Storage and Cloud

Here at Kennected, we believe the future is the internet. Therefore, if we pick one, Cloud storage vs local, we will pick cloud. This is what you should go for the next time you think of storage alternatives for your business.

As mentioned in the merits, cloud storage is safer and accessible from any location. This is especially useful for constantly moving people who need to stay connected to digital information.

The main benefit of using cloud storage for businesses is flexibility and scalability. Companies can store as much or as little data without worrying about capacity issues. Cloud storage also allows businesses to access their data from anywhere, a huge advantage for companies with remote employees.

Companies can gain many other benefits from using cloud storage instead of local storage, such as increased collaboration, better security, and disaster recovery, to name several.

The cloud provides safe and secure storage space for businesses to back up their data. If companies do not use cloud storage, they could lose their data if their computer system crashes. Cloud storage is essential for businesses to protect their data and keep it accessible.

If it is a question of cloud storage vs local, you should always pick cloud because it will work best for you.

Types of Cloud Storage Providers

Here are three types of cloud storage:

Public

Public cloud storage is provided by a service provider and is available to anyone who wants to use it. The service provider manages the infrastructure and security of the public cloud storage, and users can access their data from any device with an internet connection. Public cloud storage is often used for backup and disaster recovery and storing digital data that is not sensitive or confidential.

Private

Private cloud storage is set up and managed by an organization and is only accessible to that organization. Private cloud storage is often used for storing sensitive or confidential data, as it offers more security and control than public cloud storage.

Hybrid

Hybrid cloud storage is a combination of public and private cloud storage. It is often used by organizations that have sensitive data that they want to keep confidential but also want the convenience of public cloud storage. The main advantage of hybrid cloud storage is that it gives organizations the ability to keep sensitive data private while still enjoying the convenience of public cloud storage. Hybrid cloud storage is often used by organizations that have a mix of sensitive and non-sensitive data.

However, the hybrid cloud storage option has a downside.

One potential disadvantage of hybrid cloud storage is that it can be more complex to set up and manage than public or private cloud storage. This is because it requires a mix of on-premises and cloud-based storage resources.

Another potential demerit is that if one of the public or private storage components goes down, it can impact the availability of the data stored in the hybrid system.

What Businesses Need to Use Cloud Storage?

  • Businesses that need to access their data from anywhere need to share data with others or save money on storage costs- thus, they need cloud storage to avoid the high costs of local storage methods.

  • Organizations that have mobile employees- mobile employees need cloud storage so they can access their data from anywhere.

  • Establishments with customers or partners who need access to data need cloud storage so they can share data easily.

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How Kennected Can Help You Save Time and Simplify Opportunity

We are a software as a service (SaaS) company specializing in providing software products and services to businesses of all sizes. Here is how you can benefit from our services;

  • We offer the best-in -class LinkedIn Automated Prospecting Tool for lead generation. We have a top-of-funnel solution that has you covered from prospect to purchase. You will be able to choose your target audience. Since LinkedIn is the world’s best database for B2B leads, you will use the “Boolean Search” option, and you will be able to locate your preferred clients. Kennected will connect you, and you may start the conversation on autopilot.

  • You can create campaigns with follow-ups – once you have established the 1st to 3rd-degree connections, add numerous follow-up messages, and set up time delays between them to emulate human behavior. We will then connect and start a conversation with your target audience.

  • Gather essential data – with each connection you establish, you will be able to collect data such as name, email, and phone number. You may then follow up with your prospects.

  • Connect with any CRM – as our client, you will be able to connect Kennected with your favorite CRM via webhooks. You may alternatively use the API integrations to suit your needs.

Bottom Line

Kennected.org offers a wide range of software products and services, including but not limited to accounting software, customer relationship management (CRM) software, enterprise resource planning (ERP) software, and supply chain management (SCM) software.

As a cloud provider, we have more than 17,000 clients we have worked with and have helped grow their businesses with Cloud Kennect. Do not be left behind, as all you have to do is reach out, and we will do our best to meet your needs

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