The growth of storage has been explosive in the past 5 years, and IT professionals and companies have witnessed it first-hand. From the year 2011 to 2015, users and organizations saw exponential data growth that required secure and scalable storage technology.

Why was this explosion observed?

Well, as mankind moved forward, it wanted technology to move in sync as well. The power of social media has put users in a position wherein they need storage requirements on the fly. This data can be anything viz. images or videos. Social media platform owners themselves felt the need for scalable cloud data storage for the company to move forward and sustain. The other source of data would be multi-media information, or large databases, data replication, and big data.

During the period of data explosion, there was a substantial increase in IT budgets, but for some reason, the cost of storage started to decrease as we moved forward. Thus, users were spending way too much on data storage with a shortfall in IT budgets. There was no room or requirement to invest in expensive hardware within an enterprise. The cost of maintaining on-premise data storage is going way out of proportion, and thus cloud data storage has been one of the most important drivers of cloud technology in the modern world. 

Many organizations like Google Drive, iFCloud, Dropbox, and more have become a part of our everyday lives. But, moving to enterprise cloud storage is another ball game itself as it requires cloud data storage in petabytes.

The principal players are Google Cloud, Amazon Web Services, and Microsoft Azure. These are the big guns who’ve set the tone for Enterprise Cloud Storage on a global level. There are other organizations as well, who’ve dwelled well in the modern scenario and continue to provide new features for users and enterprises.

Types of Cloud Storage

Cloud storage and block storage are building blocks of all major cloud companies. The kind of storage that is required mostly depends on the use case, thus it is important to understand the difference between object and block storage.

Cloud Block Storage –

This system uses APIs to push information onto block storage and pull it off a block storage instance as well. This can be achieved through software or applications that are written. Thus, Block Cloud Data Storage is all about instances, as soon as they are launched, data can be written and taken from this kind of storage system.

The applications for a Cloud Block Storage includes –

  • Email Servers
  • Databases
  • Virtual Machines… & more

Object Storage –

Object storage is important when flexibility is required to store different data formats or different kinds of data. The format for object storage would include text files, video, images, multimedia, etc. In comparison to object storage, block storage is more structured. As object storage has greater flexibility, it is used to store a larger spectrum of data formats. Thus, most of the databases have moved to object storage rather than block storage because of its flexibility. Furthermore, it can be said that object storage is used to store large volumes of data that are completely unstructured.

The applications for a Cloud Object Storage would be –

  • Web applications
  • Archives
  • Big Data

File Storage –

An easy-to-use file storage system that allows users to access files through data storage, data arrangement, and sort. Many enterprises use this storage system as it is better organized and accessed.

These systems are good at storing files, but they cannot be used for large databases. In comparison to a file storage system, an object storage system can access files faster. All these files are stored in a hierarchy for better access.

The applications for File Cloud Data Storage would be –

  • Data Security
  • File Sharing or Collaboration
  • Data Archiving

Conclusion.

Cloud Data Storage will continue to grow as the requirements for storage systems will increase at an exponential rate. Organizations make decisions based on data or information, and this is one of the most important aspects wherein Cloud Storage Providers can leverage substantial revenue through their paid subscriptions.

Visit us:- https://www.ifcloud.io/

By ifieldsmartblogs

iFieldSmarts construction management software tool is a cloud-based platform built for Architect, Owners, Subcontractor & General contractors to manage projects smarter. Serve across the United States USA, Canada, New york, UK & Worldwide.

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