Storing in the Cloud

When a person thinks about cloud storage, they will likely think about storing files (songs, videos, and applications) on a remote server to be retrieved from multiple devices any time he or she needs them. Cloud storage is essentially a system that allows you to store and retrieve data from the internet remotely. It’s cheaper and more secure than traditional storage mediums, eventually eliminating the need for home and business to store on local hard drives. This is only one factor in making the globe more mobile.

Doubling in size every 2 years, the world’s data growth is being driven by more internet users, more smartphones, more online video streaming, and more IoTs devices. Over the past 5 years, according to Cisco, data traffic has increased, get ready, eighteen times! And now 5G technology is going to make this bigger and better than ever before.

With the full deployment of 5G communications on the way, the cloud storage data boom could open up many opportunities for investors. Most of the future growth is expected to come from the Asia Pacific region, mainly China. Regional neighbors are expected to benefit as China has been investing heavily in the region with technology.

Cloud computing is used to work on specified projects. Linked with cloud storage in that, you have to move data to the cloud before you can make use of cloud computing systems. Once stored to the cloud, you can process it and save it back. An example of cloud computing is “Software as a Service” [SAAS], where you input data on software and the data is transformed remotely through a software interface without your computer being involved. Another example is where members of a company can work in different locations on the same project by each accessing and then adding to a project separately from any global location with an internet connection.

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