Will #Cloud Storage Ever Be Free?

The cloud is proving to be a useful tool for businesses both large and small. What started out as an innovative idea has quickly transformed into a vital component of many business practices. As time goes on, demand for cloud storage has only increased with each passing year as more and more data is being stored in data centers around the world. While only 7% of data was stored in the cloud in 2013, that number is expected to increase to 36% by 2016. With growing demand comes fierce competition among the many cloud vendors out there, and as is the case with most business competition, that has led to falling prices and a better product. As prices continue to fall, some are even wondering if one day cloud storage will even be offered for free. It’s an intriguing possibility but one that is accompanied by a number of complications.

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