The cost of cloud storage.
Looking online to see what would be the best way to backup my documents, photos, videos and music, I can’t believe how much cloud storage costs compared to traditional external hard drives. Although services like Dropbox, Google Drive and Skydrive give you free options (2GB, 5GB, and 7Gb respectively) I’d argue that, especially in the long-term, that storage level is way too low.
Why cloud storage is so expensive?
But, why is the cloud so expensive?
The cheapest online storage provider that I have found is Skydrive, offering 100GB for £32 a year. Google is slightly more at £38, Dropbox is £63.
In terms of external hard-drives, Amazon offer a WD Elements 500GB drive for £40, a Samsung 1TB drive for £59, and a Seagate 2TB drive for £63.
How can the storage level and price be so hugely different?
I can understand how cloud storage may be a little more expensive for companies like Google and Microsoft to run, but the online storage provider fees are not one-offs either, they are yearly subscriptions packages.
So, while the standard Seagate 2TB hard drive would only cost you £63 for 5 years, say, the cheapest provider with the most amount of storage (Skydrive at 100GB), would cost you £160 – for 20x less storage.
Why won’t online storage providers provided one-off fees? Why are Google’s and Microsoft’s storage and fees similar? With more people opting to store their data online, cloud storage costs should be reduced, in order to benefit consumers (lesser cost) and providers (more paying customers).
WRITTEN BY LEGUEVIN1