Twitter Facebook Google Plus Linked in

The global market for cloud storage is primed for solid growth as enterprises look for ways to manage large troves of information, apply it to decision-making processes and access it securely from a wide range of endpoints. More specifically, there may be growing demand for hybrid solutions that simplify management of on-premises and remotely hosted data.

A recent report from GIA predicted that the global cloud storage market would reach $13 billion by 2018. Growth could pick up as companies expand operations around the world and require quick, reliable and secure access to information.

"[C]loud storage is growing in prominence for its unique ability to provide a single consolidated storage point for all dispersed data," stated GIA. "Key benefits offered by cloud storage largely responsible for its adoption include higher levels of flexibility in storage administration, self-service provisioning, superior business continuity and disaster recovery ability [and] resource scalability."

However, there isn't a one-size-fits-all storage solution for enterprises. Given the high compliance and security requirements in some organizations, a hybrid solution may be more feasible. To this end, vendors such as Egnyte, a Seagate Cloud Builder Alliance partner, have stepped to the plate with offerings that allow for comprehensive management of files behind the corporate firewall and within cloud services.

A survey from Enterprise Strategy Group discovered that many organizations are still cautious about going all-in on the public cloud, with more than 90 percent of respondents stating that they prohibited at least some kind of information from being stored by a third-party provider. Nearly 70 percent reported that they would be interested in solutions that would allow some or all files to be stored in on-premises infrastructure. Accordingly, it appears that hybrid storage could be a key growth area in enterprise IT as organizations try to balance flexibility and control.

Twitter Facebook Google Plus Linked in