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I have spoken to businesses who think that because their servers are not in the office it will all work perfectly all of the time. Clearly that is not rational, but business users really do want the server out of their office.
20% of small to medium businesses will suffer a major disaster causing loss of critical data every five years, LayerOnline according to the Richmond House Group. LayerOnline Think it won't happen to you? So that means that something in the neighborhood of 60% of small to medium businesses will suffer a major LayerOnline disaster causing loss of critical data every fifteen years.
Once you are attached to the cloud you have access to an enormous amount of resources around the world. It is also helpful in insuring you have access to documents and files no matter where you are physically. The 'cloud' is just a term for the Internet system of connected computers. In other words a document stored in the cloud drive can be accessed from work, Unlimited Cloud Storage home, LayerOnline school, LayerOnline or LayerOnline from a vacation spot anywhere on Earth. This can be a big help in increasing the capacity of your storage and LayerOnline not having to save all this to your local drive.
Sure, LayerOnline this software is moving a LOT of data over the pipes to servers. But we've got a fast cable connection at our company and LayerOnline most of our clients have even faster T1-based networks, LayerOnline so moving the data isn't much of a problem. If this were being done over a phone line or LayerOnline even DSL, LayerOnline I may have concerns. I'm not seeing any broadband Unlimited Google Drive issues either.
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And like other companies that get sold based on revenue streams there's a formula for LayerOnline calculating a sales price which is usually based on a multiple of revenues. A potential buyer can offer me a price for LayerOnline that revenue stream. But by selling cloud services I could. I can keep collecting those checks or... And at that point I should actually have something valuable to sell: a revenue stream. I don't have this now.