We’re seeing massive uptake in the adoption of cloud, so we’ll certainly see businesses move away from storing data in house. The real cost issues with storing data locally is hoarding useless hardware, which as we’ve discussed can be easily avoided through proper data sanitisation and asset and data lifecycle management.
Moving to cloud is not without its disadvantages, and there are a number of things organisations should consider ahead of cloud migration, such as a cloud exit strategy and implementing a data audit trail to guarantee data can be accounted for. Again, the most sensible way forward is a hybrid strategy that encompasses the benefits of cloud and on-prem.