Analyzing the Pros and Cons of Cloud-based Data Storage

by Dan Matthews on October 24, 2022

More and more data professionals are becoming big fans of storing data in the cloud. Enhanced data security and less intense maintenance requirements are just the beginning of the list of reasons why. That said, cloud storage isn’t all good. 

This article will analyze three primary advantages and disadvantages of cloud-based storage to help you make an insightful decision for your circumstances. Let’s start with the disadvantages. 

3 Cons of Cloud-based Storage

As valuable as cloud-based data storage can be for data professionals, it doesn’t come entirely void of potential troubles. 

1. Migrating data from your old system can be a pain 

Using cloud-based storage is particularly easy when you start with it. However, if you were using another data storage system before your decision to implement cloud-based storage, you’ve got to bring your data with you. And that process can be demanding. 

Migrating data from your current system to the cloud is a process, to say the least. First, you have to map out your unique identifiers for each data source. After that, you must clean and prepare your data for an accurate migration. Then, you have to oversee the migration and fill in any data that didn’t make it through the transition.  

You may not have the time, money, and expertise needed to ensure migrating data is as seamless and cost-effective as possible. 

2. Costs can arise that may be a surprise 

Cloud-based data storage can be more cost-effective than storing data in other ways. However, there are costs associated with its implementation that may surprise you. 

For example, you have to use the internet to access the cloud. Accessing the cloud alone can become costly if you have a basic internet package and pay per gigabyte of bandwidth. You may have to pay your cloud provider extra for transferring data out of the cloud. You may also have to invest in better cybersecurity tools if the provided ones aren’t satisfactory. 

3. You may have to go through a third party 

Although some data professionals use in-house, private cloud-based storage systems, many others use third-party, public cloud storage services. Going through a third party lifts much of the maintenance burden off your shoulders.

However, you must go through your servicer to fix the issue if something goes wrong. This can stall your work for however long the issue lasts, affecting your ability to fulfill your responsibilities as a data professional. 

3 Pros of Cloud-based Storage 

Even with the apparent disadvantages, you, the people you work with, and your data can benefit significantly from cloud computing.   

1. It keeps data safe and secure 

Concerns regarding the security of data stored in the cloud have been noted. The increase in cybersecurity attacks and data breaches is one thing. But, consumers are also concerned about where their data is being stored, who has access to it, and how it’s being used. You must balance data-driven marketing with consumer trust.

Fortunately, cloud-based storage is proven to be one of the safest and most secure ways to store data online, so long as you’re using a reputable servicer. Their security structures are unmatched with the help of firewalls, data encryption, regular security updates, artificial intelligence tools, and independent security testing.  

So, consumers can rest easy knowing that their data is safe, secure, and private. While data professionals can rely on top-tier online security tools to protect the information they work with. 

2. Cloud storage can scale with you

Having an onslaught of business or data can be beneficial if you’re prepared for it. However, when you aren’t prepared to house more data on demand, you’re potentially missing out on insightful information that can transform your business operations. 

On-premises storage systems can be high-performing but challenging to scale. You have to install new hardware and use time and energy to build new systems, inhibiting your ability to scale quickly.

On the other hand, cloud storage solutions support scalability on demand. All you have to do is upgrade your package or subscription to include more data and your data storage system is ready to scale with your business. 

3. Accessibility is top-tier 

One of the most notable pros of cloud-based data storage is its accessibility. 

You and anyone on your team can access the cloud with an internet connection and any respective usernames and passwords you set up. Easily access your data files and share them from any location. In addition, any time you update or change something in the cloud, those updates and changes automatically sync across your connected devices. 

Not only is cloud-based storage accessible in and of itself, but you also have access to tools and resources that help you get the most out of your use of cloud storage. For example, your system may come with analytics tools, a mobile app, and additional integrations you can take advantage of. 

Conclusion 

While cloud-based data storage has its difficulties with migrating data from your old system, hidden costs, and going through a third party, its benefits outweigh the cons. 

Your data will be safe and secure with the help of robust online security measures. Cloud-based storage also scales easily and is incredibly accessible. Look at the pros and cons equally to ensure a cloud-based data storage system is right for you.

Collected at: https://datafloq.com/read/analyzing-the-pros-and-cons-of-cloud-based-data-storage/

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