Why should I pay a monthly fee for cloud storage for data backup when I can purchase an external hard disk?
The cost of cloud storage is pretty reasonable for small amounts of storage, as in free for 2GB. Costs go up as you reach actual usable amounts of storage, so 200GB costs around $10 per month. Clearly this is not a huge amount of money, but I can buy a couple of terabytes of external HDD storage for less than it would cost for 200GB each year. I'm not a large company, which on the upside means I have less data to store, but on the downside I have less money to spend, and a hundred dollars here and a few hundred there eventually add up to real money. Is it worth it for small companies to perpetually pay for cloud storage when the cost of on-site data backup is so affordable?
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