The ever-growing need for cloud storage solutions accompanied with the rapidly evolving number of products in the market necessitates industry standardization. There is an array of advantages cloud storage offers over individual storage. Individual storage facility is prone to loss, damage or theft. Networked storage devices fix those problems, however they still require both physical and human resources than an individual or an organization may not possess. E.g. creating a redundant storage array and backing it up is beyond the skill set of most people. Similarly, developing and maintaining a data center is a distant star taking into consideration core competencies of most organizations.
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Cloud storage services are way more scale-able. You can spontaneously increase your capacity needs if and when required. Supposedly, there is a sudden jump in your data storage need, a cloud storage customer will be readily availing the facility to expand storage size rather than purchasing the hardware required. You do not have to anticipate or speculate your demand before-hand as it could lead to paying for services you never utilize. Hence, cloud storage proves economical.
Facing difficulty accessing your data could be frustrating. Losing your data all together could be catastrophic. Also, most individuals and companies lack the skills and resources to properly maintain and store their data. Due to the above mentioned reasons, cloud storage services are becoming popular in individual users and large corporations.
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