As technology becomes an increasingly important part of business, many companies are looking for solutions that will provide the most advantages for the least amount of money, time and complexity. One technology that is growing in popularity is cloud computing, and specifically cloud storage services. While there are many benefits to storing sensitive documents and information in the cloud, keep reading to find out the top four.

1) Cost-Effectiveness:
Backing up data can be extremely expensive, especially when considering the necessary equipment and hardware. Labor costs become an issue too, as manual backups are time-consuming and complicated. Cloud storage solves these problems by leaving the maintenance and equipment costs to a third party provider. Cloud storage solutions are easily scaled, allowing businesses to only pay for the amount of storage necessary for their business and making it simple to increase or reduce space as client needs change.

2) Security:
Storing information in the cloud is much more secure than keeping paper documents or using physical devices for file storage. Hard drives and USBs can be stolen or lost, while information in the cloud will always stay put. At the same time, security is not a core competency for many companies, but it is for cloud service providers. Because of this, providers who are mainly focused on data security are much more adept at keeping information protected than a business with an IT team focused on dozens of projects and problems at once.

Cloud storage also creates an extra layer of security between privileged data and cybercriminals. Backup files are kept separate from originals so hackers cannot steal everything at once.

3) Disaster Recovery:
In the same way that it is safer to keep duplicate files away from the originals to protect them from malicious actors, it also helps to protect against natural disasters. After a storm or fire, regular systems may not be accessible, but information stored in the cloud will be.

4) Accessibility:
Professionals are using more devices than ever before and cloud storage allows files to be accessed from any of them. Sharing is also made easier with this increased flexibility, as files can be put in the cloud and then accessed by any authorized party. This helps to increase collaboration between in-house and remote employees, as well as improving productivity.