Kind Attention Cloud Backup Partners / Resellers / MSPs – Revenue from Cloud Services to Reach $55.5 Billion : IT World

Cloud backup is popular. There is no doubt about it. Many IT professionals out there are keenly aware of why the cloud backup is so popular.

  • Storage costs are becoming less and less expensive
  • Internet bandwidth and accessibility is improving
  • Understanding of cloud security is improving
  • Tape backup is similar in cost, or more expensive, and less advantageous
To illustrate this point, just look at the numbers put forth by IDC and ITworld.com.
Worldwide revenue from cloud services is expected to reach $55.5 billion in 2014, according to IDC. With a compound annual growth rate of 27.4%, the cloud is set for quite a trajectory.

Today, ITworld.com republished an article by CFOworld.com on the looming cloud backup decision for CFOs: is it more cost-effective to expand an internal data center? Or go to the cloud?

Depending on what your business needs are, the factors for making the decision vary widely. Though no one can discount the value of cloud backup and it’s capacity to decrease administrative costs, while being secure.

CFOs are at the apex when it comes to pulling interests of software-as-a-service, infrastructure-as-a-service, platform-as-a-service and other cloud strategies vs. maintaining servers, switches and storage under the organization’s roof….Manage too much in-house and you’ll strain your staff, infrastructure and budget.

As a managed service provider, or business owner, ask yourself about the benefits you can experience from cloud storage. Consider that it’s pretty handy to have your data center backed up as well.

View the entire ITworld.com article here.

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