Cloud storage adoption decisions weigh capacity and cost

Acquiring storage capacity particularly for backup, archiving, DR and collaborative purposes dominates as the main reason for storage cloud adoption trends in the enterprise. You probably aren't surprised to hear cloud storage adoption is steadily increasing, but there's a good chance that it's growing faster than you expected. According to a 2017 study of senior business executives by Teradata, more than half of business-critical data will find a home in cloud storage by 2019, including 56% of IT, 53% customer and 51% financial data. TechTarget Research showed that 23% of businesses rely on cloud storage for more than half of their total data storage capacity, and 93% said they're storing some data in the cloud. Nearly a third of respondents have turned to the cloud for off-premises cloud storage services, such as Amazon Simple Storage Service (S3); 21% for enterprise file sync and share; and 13% for off-premises, cloud-based backup as a service.