Here’s my presentation from Cloud Slam ‘09.
While much of the collective discussion has focused on cloud computing and trying to define it, Cloud Storage has not so quietly gone from concept to tangible business with real revenue and margin opportunities.
Those actively in the business believe that the per cent of every $1 spent on cloud computing associated with storage is growing, rapidly. It can range as high as $0.90 on backups and goes down from there, based on application type. Since storage is persistent and growing rapidly, Cloud Storage will continue to grow as a percentage of total spend on Cloud Computing.
Giants like Amazon, EMC, Google, Microsoft and now Sun have thrown their hats into the cloud storage ring, but they are not the only players. The economics for already trusted service providers like IT Hosting providers make it attractive for their continued entry into this space.
Leave a comment