Sometimes people are not faithful to give back something you trusted them with. Trusting a third-party can be a scary idea when you are giving away precious data and information about your business. Though the Cloud is a preferred direction for many companies, there is still reluctance from many businesses to store data in the Cloud.
Keeping data safe is a top priority for any company. When a company’s information gets breached, the effects can be devastating to a business of any size. So, should you trust your valuable data with a third-party Cloud provider, or should you store your data in-house? Let’s consider the pros and cons of each option.
Cloud Storage
Pros
- Storage Hardware is expensive compared to Cloud services
- There are plenty of Cloud sizes to suit your individual business needs
- Off-site employees will have access to data
- Data can be backed by Cloud providers
Cons
- Access to data depends on the speed of the internet connection
- A Cloud provider could access your information
- You won’t have access to your data if you do not have an internet connection
- Even the best Cloud providers have suffered service outages
In-House Storage
Pros
- You have physical control over your data
- Third parties would have no access to your information
- Does not depend on an internet connection for access
- Cost effective for companies not concerned about uptime
Cons
- Storage hardware and infrastructure is more expensive than Cloud services
- Requires space to establish a server room and requires faithful IT support
- Without an off-site or Cloud backup, data loss could be permanent.
- Recovering data is not a quick process, as you have to wait for diagnostic reports and potentially equipment repair or replacement
Choosing how to protect your business’ data best is a tough decision. As we have seen, there are plenty of pros and cons to both options. Whichever method you choose, Allen Business Machines would love to help you determine the right set up for your business.
Contact us today to learn more about our services to help you protect your data!