How Much Can You Save By Switching Your Cloud Storage?

Cloud Storage

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Cloud storage is an important part of many business’s data management processes. It’s often not feasible to hold multiple terabytes of data on physical hard drives, and even if it was, the physical nature of those hard drives makes them susceptible to problems like fire, magnetic interference, and even just plain dropping them. If you currently have a cloud storage system that you’re not totally happy with, you may be thinking about switching to a new one. Here are the elements to consider when trying to calculate the amount you could save with cloud to cloud migration.

1. The Cloud Storage System You’re Currently Using

First and foremost, you’ll need to think a bout whatever cloud storage system you’re using right now. Obviously, if you’re using a more premium cloud storage system with very expensive services, you stand to save more money by switching to a more bare-bones cloud storage system that has much less expensive services. Determining your current cloud storage budget will give you a baseline idea for what you’re looking for if you want to reduce cost.

2. Integration With Download Partners

Next, look to see whether the cloud storage system that you’re interested in has any integration with download partners. This is one of the ways that you can reduce the cost of your cloud storage downloads. Some cloud storage systems offer free downloads as long as you use one of their partners to do so. If this is an option with the cloud storage system you’re interested in, you might be able to use it to reduce your monthly bill.

3. How Much Data You Have Stored

The next thing to look at is the bulk amount of data you have to keep stored on the servers. Typically, cloud storage companies will charge you by the terabyte, although some companies advertise by the terabyte and then charge by the gigabyte. The amount of data you have stored on the company’s servers will typically balance transfer the baseline for the amount of money you spend; more data means more money per month, but also potentially more money saved when you switch.

4. The Cost of Migration

Lastly, you should also look at any migration fees that you’ll need to pay in order to move your storage from its current cloud system to the new cloud system. You might need to see this as a kind of “set up fee.” However, some companies will waive the fee if you transfer a certain amount of storage and keep it on the servers for a certain amount of time. Check to see whether this kind of offer is available for you.

Conclusion

Switching your cloud storage to a new system may be able to save you a lot of money every year. However, you do need to make sure you do all the calculations so that you’re able to understand exactly how much you can save. With these important things in order, you’ll actually know how much money you can save.

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