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July 2, 2012, 7:26 am UTC
As demands on computing systems increase with changing expectations of customers and explosive growth in digital data, IT is being drawn to the cloud computing delivery model to help lower costs, increase efficiency and deliver services more rapidly.
According to a recent study by IT research and advisory firm, Gartner, consumers will be motivated to store 33% of their data on Cloud because of their desire to access and share content from various devices. The research firm said that the content stored in Cloud may go up to 36% by 2016 which was merely 7% in 2011. This shows an intense upward movement in the choice of users for storing their data on the Cloud.
Cloud computing is growing in India and according to a study conducted by Nasscom and Deloitte last year, the market is predicted to clock revenues of $16 billion by 2020.
Internet-based cloud IT solutions provide not only enormous cost reduction in infrastructure and operating expenditure, but also enable flexibility, agility and ability to scale up or down as per the needs of a business and its affordability.
Cloud computing is also giving rise to a new generation of software product companies, which can now sell their products on an on-demand basis over the Internet.
The study reveals that digital storage needs across the world will increase by 91 per cent from 329 exabytes in 2011 to 4.1 zettabytes in 2016. (1 exabyte = 1,073,741,824 gigabytes – 1 zettabyte = 1024 exabytes). The average household will require at least 3.3 terabytes of online storage data by the next four years. This is up from 464 gigabytes in 2011.
This digital space requirement will be used for digital content stored in smartphones, tablets, network attached storage (NAS), hard-disk drives (HDDs) and cloud repositories.
Noting that consumers historically stored content on their PCs, Shalini Verma, Principal Research Analyst at Gartner, said: "As we enter the post-PC era, consumers are using multiple connected devices, the majority of which are equipped with cameras. This is leading to a massive increase in new user-generated content that requires storage.
In the near term, social networking sites will host the majority of cloud storage required by consumers as they offer free storage space for uploading photos and videos for social sharing, Verma noted. Even online backup storage provided to consumers by well-known cloud storage providers would be considered "small" compared to the storage maintained by social media sites, she added.
Apple iCloud, Google Drive, Dropbox, and Microsoft SkyDrive are some of the examples of cloud storing services.
Asia Pacific region, Japan and South Korea will witness the highest growth in cloud storage, concluded Verma.
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