According to TechTarget Research, more than nine in 10 businesses now store at least some of their data in the cloud. A recent Teradata study suggests that more than half of all business-critical data will reside in cloud storage by next year.
Storage costs compel most organizations to consider a cloud storage option. There is a general assumption that cloud will always be significantly cheaper than on-premises storage because you’re able to offload management burdens that come with supporting physical hardware. Under some circumstances, however, cloud storage costs can spiral out of control.