The number of enterprises adopting cloud storage continues to surge across the globe. It is seen as the most appropriate way to store, protect, manage their ever-growing volumes of the unstructured data file, and share amongst co-workers, family members, and friends. The gigantic increase in data generation created the need for safer storage file/data storage. Since last decade, the number of mobile devices, such as smartphones, tablets, and others, is increasing at a tremendous rate, so does the volume of data and the demand for cloud storage.

As per a research entitled “The Mobile Cloud Market by Application & by User (2014 to 2019)” conducted by Research and Markets, the global mobile cloud market for apps is expected to touch USD 39 billion by 2019.

In 2014, the mobile cloud market was merely around USD 7.8 billion. This tells the entire story as to how cloud market is growing at the time.

A lion’s share of data produced per year is being generated through social media websites, and the mobile appliances have eased out the reach to the social media sites.    

“The inbuilt advanced features in today’s mobile devices together with robust and economical Internet connectivity have redefined the mobile cloud storage ecosphere”, the report cited.

“The growing need of incessant access to the cloud, and the predominance of umpteen mobile apps developed using the advanced HTML5 technology has additionally transformed the growth in the market”, the report added.

This development is not only seen in the consumer space but it’s of utmost importance for businesses to remain connected with their customers, vendors, and suppliers.

A global research was conducted by Equinix meantime. The research found that the majority of business applications will be deployed to not merely one but several clouds across multiple regions in next 12 months. The research also revealed that about 77 percent showed their interest to use multiple clouds in the next 12 months.

But how can cloud storage benefit global businesses? Here we try to dig out the reasons:

Flexibility: Flexibility is perhaps the greatest feature the cloud computing offers. If your need of bandwidth fluctuates, a cloud-based service can offer you instant solution to accommodate your ever-changing business needs. It happens to be possible because of the vast computing IT infrastructure of cloud service provider. Also, its pay-as-you-go billing model allows you to save on IT operation cost.

Affordability:  Because of the flexible billing model of the cloud computing, you only need to for the services/storage you consumed rather than investing huge capital in building large IT infrastructure. It also requires minimum start-up costs and operating cost can be predicted.

Disaster Recovery: If your data is stored in the cloud, you don’t need to plan intricate disaster recovery plans. The cloud service provider takes the onus to plan regular backup on your behalf. As the cloud environment has multiple interconnected servers, the chances of failure are significantly reduced, almost no.

Collaboration: What global enterprises need most is the collaboration. They want their employee access, share and modify a file at the same time without versioning issues. This could not be achieved without cloud computing. Cloud increases collaboration by allowing employees across the globe to sync up and work on the file simultaneously.

Enterprise-Grade Applications: The subscription-based Software-as-a-Service (SaaS) model provides small businesses an entry into feature-rich applications that were previously reserved for large enterprises.