10 Most Promising Cloud Storage Solution Providers - 2017

The escalation in demand for low cost data storage, backup, and data protection has intensified the growth of the cloud storage market. Under the current trends of growth, the global cloud storage market has been estimated to continue growing at a CAGR of 24.8 percent to reach a targeted USD 97,415 million by 2022. While all the segments including small, medium, and large enterprises are steadily moving towards cloud storage, within the segments the industry verticals such as BFSI, retail, healthcare, manufacturing, telecommunication and IT, media and entertainment appear to have embraced a more aggressive approach owing to the aforementioned advantages of low cost of data storage and maintenance. However, there is a difference in perspective within the various segments. Market examinations reveal that although a number of industry verticals along with the public sector have been storing critical business information in cloud storage empowered with extreme security features, an equally large number of industries are holding back from the adoption of cloud storage strategy on account of the security concerns associated with the cloud storage.

Another element that has been playing a key role in the astounding rise in the demand for cloud storage is the increasing adoption of hybrid cloud storage. This trend can be attributed to the comparatively higher price of private cloud and the risk of open threats in public cloud storage which has aggravated the need of hybrid storage.

Everything aside, the ability of cloud storage to add data storage capacity to any organisation cannot be overlooked or undermined. What needs to be remembered is that it is not something that alters how your company functions overnight. However, it will definitely redefine the organisation’s storage and data retrieval strategy. CIOReview India brings to you the list of “10 Most Promising Cloud Storage Providers 2017”. A distinguished panel of CEOs, CIOs, industry analysts and the CIOReview India Editorial Team have closely scrutinized and nominated the vendors who have been revolutionizing the cloud storage market through their domain expertise, closing in the various gaps and enabling organizations reap the benefits of extended and scalable storage ability.

We present to you CIOTechOutlook 10 Most Promising Cloud Storage Solution Providers - 2017.