Local Storage or Cloud Storage? Which one is More Profitable for Your Business!

Technology has advanced in recent years to provide more options than previously believed. The way information is kept, in particular, gives possibilities that extend well beyond a physical place, although the cloud (insert a dramatic surge in the sky here).

To begin, we must understand the distinctions between these two sorts of services. The method of storing digital data in an online environment with many servers and locations is known as cloud storage. The practice of storing digital data on physical storage devices such as hard disc drives (HDDs), solid state drives (SSDs), or external storage devices is known as local storage. It is essential to have a location to store your video surveillance data and other crucial information.

So, which one is better for your company? Let’s take a closer look.

The Benefits of Local Storage

Speed: Data may be saved to external hard drives quicker than it can be uploaded to the cloud.

Security: You have complete control over data storage, who has access to it, and information security methods.

Capacity: Capacity is one of the primary advantages of local storage. While 10GB of online storage is certainly plenty, a hard drive may easily supply 2TB.

Survivor: Local storage does not require an internet connection. When you save it locally and need to access it, you’ll have no trouble finding it.

The Benefits of Cloud Storage

Inexpensive: Purchasing actual storage or hardware might be costly. Cloud storage is less expensive than utilizing external hard drives.

Security: Because of the usage of encryption techniques, cloud storage is more secure than local storage. The papers and data saved in the cloud can only be accessed by authorized persons such as you and your workers. This provides an extra degree of security.

Accessibility: You may access your files from anywhere via the cloud. You only need an internet connection.

Recovery: In the event of a hard drive failure or other hardware fault, files in the cloud can be accessed. This serves as a backup option for your physical storage discs.

Upgrade: When you work using cloud storage, any changes you make to a file are automatically updated and synced across all of your devices. This makes life and work a bit simpler for you.

Disadvantages of local storage

Accessibility: One of the downsides of local storage is that data is difficult to retrieve and share with other teams when needed.

Cost: Hardware and infrastructure are expensive, and adding more storage and improvements simply adds to the bill.

Backup/Restore: If your server dies, so does your data. If businesses chose to shift data to the cloud, this might be a major issue. Locally stored data is far more sensitive to unanticipated disasters such as fire and flood, and local storage and backups can be readily erased.

Disadvantages of cloud storage

Downtime: A concern to consider when dealing with cloud computing since your cloud provider may have small power outages, internet connection, and service maintenance, all of which impair performance.

Internet access: A reliable internet connection is required for cloud computing. This is the only technique to obtain data on cloud performance. When you use cloud storage, your application is not the only one that runs on the server. Your performance may suffer if other businesses and applications share the same network.

As with any business decision, the best option for your needs will be determined by the objectives you have established. Understanding the benefits and drawbacks of cloud storage versus local storage will help you decide how to store and access your data. Whether you need cloud storage or local storage, the scDataCom team can help. We understand that every business is unique, therefore when providing a recommendation, we evaluate your company’s individual needs.

Local Storage or Cloud Storage? Which one is More Profitable for Your Business!