Posts tagged ‘value’
The marketplace for cloud storage services is already a hotly contested space – there are literally dozens of companies fighting it out in a variety of different verticals. Our directory of cloud storage services attempts to classify some of them, but breaks them down according to target audience and focuses on features. As the market for these services continues to evolve, a new and important distinction is occurring, which we call “cost versus value.”
Since storage itself is rapidly becoming a commodity (courtesy of bulk providers like Amazon S3, Rackspace, Microsoft Azure, and Google), the features, performance, and price of services is where end users will have to make their choices. And the trade offs of are real and interesting. A recent article captured this well comparing the services at Mozy and ElephantDrive. The author breaks down the relative strengths and finds that Mozy costs less but ElephantDrive offers more value. The take aways are pretty clear – if you are looking for the lowest priced option you go one way, but if you are looking for the most functionality or the fastest performance you go another. Our read is that as a home user with lots of data, you should consider the Mozy option but if you are running a small business or operating as a “power user” (and have an understanding of your actual data footprint) you will want to choose ElephantDrive.
This same question will be addressed within the other verticals and we are looking forward to the continued maturing of the competitors.