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4 solid file sharing options for SMBs

Today’s businesses rely on digital files for storing and organizing almost all of their important information. In order to be truly useful, though, these files must be easily transferable. This is where file sharing solutions come into play.
Here’s what you should know about file sharing and some of the top solutions that can help your SMB effectively manage and share its files.

What is file sharing?

While it can refer more generally to any method used to transfer digital files from one location to another, the term file sharing is usually applied to specific applications that run in the cloud. Cloud file sharing systems can be used to give authorized users remote access to files stored on cloud servers.
While cloud file sharing solutions are excellent for giving your employees easy access to important files and facilitating collaboration, they also have the potential to come with cybersecurity risks.
With less direct control over your company’s data and the risk of unsecured devices being used to access files, the use of these applications requires careful supervision to maintain cybersecurity. With strong encryption standards and adherence to a robust security policy, though, cloud file sharing can be perfectly safe.
For the next several years, it is expected that at least 95 percent of cloud security breaches will be directly caused by failures on the part of customers.

Four file sharing services to consider

There are many cloud file sharing services currently available, but a few stand out as the major service providers in the market. Following are four of the go-to services that SMB owners new to file sharing may want to consider.

Dropbox Business

With 300,000 business teams and 500 million total users, Dropbox is one of the most popular web services in existence today. Owing to its ease of use and user-friendly integration with device operating systems, Dropbox is a service preferred by many consumers and enterprise-level users alike.

Google Drive

Google’s answer to independent services like Dropbox, Google Drive is a file sharing service with nearly 1 billion users. Google drive offers large amounts of storage space for files at relatively low costs and integrates smoothly with a range of third-party applications, making it a good solution for businesses in need of a cloud file sharing service.
Drive also integrates with other Google products, allowing users to save files from services such as Gmail and Google Photos to their Drive accounts.

Microsoft OneDrive

Like Google, Microsoft has jumped into the cloud file sharing market with its OneDrive service. OneDrive interfaces seamlessly with the Windows operating system and comes standard as part of the latest versions.
Microsoft Office 365, a favorite suite of tools among enterprise-level businesses, is also integrated with OneDrive, allowing users to easily move files out of tools in the Office 365 suite and into storage in OneDrive.

ShareFile

Rounding out the list of the top file sharing options is ShareFile. With ShareFile, business users can protect their files with a range of security precautions that include 256-bit AES encryption, virus scanning and even a remote file deletion feature in the event a company device is lost or stolen.
Thanks to its 100GB maximum size, ShareFile is also a good solution for storing, sharing and accessing large files.

A final word

These are just some of the many file sharing options in the marketplace today. When using these services, it’s important to remain aware of possible cybersecurity vulnerabilities on your end.
Used correctly, though, these file sharing services can help your company remain secure, efficient and flexible in an increasingly data-driven business landscape.

5 straightforward disaster recovery options for SMBs

In a digital environment that’s unforgiving when it comes to downtime and outages, planning for IT disaster recovery is a critical responsibility of the modern business owner. Despite this, an astounding 75 percent of small businesses have no disaster recovery plan in place.

If your SMB isn’t prepared for a disaster, it’s important to start by understanding the basic tools that will help you navigate and mitigate a crisis.

Here are five straightforward disaster recovery solutions your SMB should consider as part of an overall recovery plan.

Cloud backups

Cloud backups can be an excellent tool for protecting your data in the event of a disaster.

A data loss event can impede a small business’s operations and drastically increase its chances of closing within six months. By performing continuous backups to the cloud, your business can safeguard its data and reduce the potential impact of a disaster.

For this reason, cloud backups are becoming increasingly popular among SMBs. Approximately 78 percent of such businesses are expected to back their data up on the cloud by 2020.

Cloud backups also have the advantage of letting you keep data geographically remote to avoid complications from natural disasters. Experts recommend keeping your backups 200 miles or more from your actual location.

Virtualization

Like cloud backups, server virtualization is useful for keeping data safe, as well as for limiting the amount of downtime that your business will experience during a disaster.

Virtual servers allow businesses to create exact copies of their data centers. If a disaster strikes, this copied version can be used to maintain essential functions while the problem is solved. As a result, SMBs can maintain high levels of availability.

Virtualization is also extremely useful for disaster recovery testing, as tests can be run in the virtual environment instead of in your business’s main system.

Mobile communication and collaboration systems

When a disaster strikes, it’s critical that your team members remain in contact. By maintaining communication through mobile devices or social media platforms, your team can coordinate its disaster recovery efforts and minimize the amount of downtime that will occur without having to be in the same place at the same time.

With good remote communication and collaboration systems in place, your business can mobilize more quickly and launch a coordinated effort to mitigate the damage.

Uninterruptible power supplies

Disaster recovery solutions tend to focus strongly on software and data, but protecting business hardware is also an important consideration. For this reason, an uninterruptible power supply (UPS) can be a very useful tool in an emergency.

A UPS is a battery device that will provide temporary power and allow you to properly power down your hardware assets.

Monitoring solutions

Disaster recovery is often a race to keep downtime to a minimum. If you are forced to deal with a disaster involving your network, monitoring software that logs changes and unusual activity can help your team identify and quickly resolve the problem. In some cases, you may even be able to head the threat off before it develops into a full-blown disaster.

With proactive security monitoring, you can keep your business safe and keep your IT systems running more smoothly.

Ready for anything

Using these five tips, your business can begin to craft a basic plan for disaster recovery.

The more you can prepare now, the less likely your company will be to experience catastrophic failures when a disaster does occur.

 

The 4 best cloud backup solutions for small businesses

There are several reasons to consider a cloud backup for data protection for an SMB. These include everything from ease-of-use to cost-effectiveness. But perhaps the most compelling reason simply this—it’s wise to be ready for whatever the future holds.

That’s what data backup is. Preparation for the unexpected.

You can’t guarantee the security of your company’s data if you aren’t ready for natural disasters, cyberattacks and even simple human error. Any number of things could compromise your company’s data, which is why it’s so critical the regularly back up everything.

Cloud computing offers an easy, efficient, secure option for backing up your data, thereby reducing or even eliminating downtime.

But what backup service is the right one for your business? We took a look at some of the most popular and weighed their potential benefits for your SMB.

Veeam

Veeam is a service that focuses heavily on data availability. While it can function as a no-frills backup from day one, it comes with so much more. Many companies, even SMBs, choose to take advantage of Veeam’s five-step process, moving their business toward Intelligent Data Management.

What is Intelligent Data Management? Not only is your data instantly available all the time, split up across multiple clouds so that it resides where it’s both accessible and safe. Veeam’s advanced backup option will also utilize automation to ensure your data is optimized for use and recovery at a moments’ notice.

That’s convenience that pays off.

From small businesses to universities to the Fortune 500, more and more businesses are trusting their data with Veeam. There are a few different tiers of data protection plans available. Find the license that works for you and scale upwards if/when you need to.

Additionally, Veeam is continually updating and adding functionality to its service. You’ll always have the cutting edge of data security.

Carbonite Online

Carbonite Online employs a wide-net approach to data security. Rather than defaulting to backing up a computer in its entirety, Carbonite backs up what it decides is most critical and relies on the user to further fine tune the process.

It’s a process that works well if you’re using a lot of standard folder designations such as My Documents. In fact, in that case it’s a real time-saver. But if you working out of a more customized setup, you may find it frustrating.

Carbonite uses Continuous Data Protection (CDP) to handle backing up rapidly changing data files more or less constantly. If a file changes within a designated folder, it’s backed up quickly. This is very convenient for users who can’t afford to rebuild a recently-lost file, but need their most recently worked on version recovered as quickly as possible.

Pricing isn’t exactly cheap, but arguably worth it if it’s a good fit.

SOS Online Backup

Is security one of your biggest concerns? SOS bills itself as a backup solution that’s all about security. (Though, in fairness to the other solutions listed here, security is big for everyone.) SOS’s security features range from password protection to privately managed keys and multi-layered 256-bit encryption.

SOS will simultaneously backup to a local hard drive or other computer over your local network for quick retrieval. Like Carbonite, SOS backs up what it considers to be the most important data. You’ll need to customize these settings if they don’t work for you.

The pricing is good—that is if you’re not transmitting massive amounts of data. Yearly subscriptions save you some money over monthly options.

iDrive

While certainly not the least expensive choice, iDrive is still reasonably affordable and comes with enough options to warrant a spot in our top-four roundup.

Among its most well-liked features is the availability of client software for nearly every type of PC and device. In addition, extra storage enables syncing all PCs as well as mobile devices. As with most of these services, iDrive utilizes CDP options to keep your backup files as current as possible.

iDrive includes several choices for single user plans which will cover an unlimited number of computers and devices. The business user plans also allow for an unlimited number of users, although storage is limited by pay-tier.

Know what you need

When considering your choices for a data backup service, you’ll want to keep a few things in mind. Examine your needs and compare them to what the various services offer, and at what costs. Among things to look at, include:

  • Operating system and device support
  • Privacy and Security
  • Storage capacity
  • Speed
  • Features
  • Reliability
  • User-friendliness

Once you’ve mapped out your needs and budget, compare them to this list and see which service lines up the best for you.

 

Should companies embrace Microsoft’s Azure IoT Edge?

As of late June 2018, one of Microsoft's newest software platforms, Azure IoT Edge, is generally available. This means that commercial enterprises and independent consumers now have access to it and, thanks to Microsoft's decision to take the platform open source, can begin modifying the technology to fit specific needs.

Every innovation brings new opportunity and unforeseen challenges, and there is no reason to suspect that Azure IoT Edge will be any different. Even programs created by technology industry leaders like Microsoft have their potential disadvantages. 

What exactly is Azure IoT Edge?
Simply put, Azure IoT Edge represents Microsoft's plan to move data analytics from processing centers to internet of things enabled devices. This sophisticated edge computing technology can equip IoT hardware with cognitive computing technologies such as machine learning and computer vision. It will also free up enormous bandwidth by moving the data processing location to the device and allow IoT devices to perform more sophisticated tasks without constant human monitoring.

According to Microsoft, there are three primary components at play:

  1. A cloud-based interface will allow the user to remotely manage and oversee any and all Azure IoT Edge devices.
  2. IoT Edge runtime operates on every IoT Edge device and controls the modules deployed to each piece of IoT hardware.
  3. Every IoT Edge module is a container that operates on Azure services, third-party software or a user's personalized code. The modules are dispersed to IoT Edge machines and locally operate on said hardware.

Overall, Azure IoT Edge represents a significant step forward in cloud computing and IoT operations, empowering devices with functionality that wasn't before possible.

Devices like drones will be able to carry out more sophisticated tasks using Azure IoT Edge. Devices like drones will be able to carry out more sophisticated tasks using Azure IoT Edge.

The cybersecurity concerns of Azure IoT Edge
It is worth remembering that IoT hardware has a long and complicated history with cybersecurity standards. Considering the bulk of IoT technology adoption has been driven by consumer, rather than enterprise, products – issues like security and privacy were placed second to interface design and price point.

Research firm Gartner found that 20 percent of organizations had already reported at least one IoT-centered data breach within the three years leading up to 2018. This risk has led to IoT security spending that is expected to cost $1.5 billion globally in 2018. Some companies scrambling to make their IoT hardware more secure may want to leave this problem as a priority over incorporating Microsoft's newest software platform.

Another potential issue is Microsoft's decision to make the platform open source. The original code is public knowledge and now available to all to modify for personal use. While this flexibility will greatly help the product's user base expand, open source programs have not historically been the most secure from cybercriminals.

Many ecommerce websites ran on the Magento platform, an open source solution that became the target of a brute force password attack in 2018, which ultimately proved successful. The resulting data breach led to thousands of compromised accounts and stolen credit information.

A Black Duck Software report tracked open source programs as they have become more widespread. While the overall quality of open source code is improving, the study found that many organizations do not properly monitor and protect the code once it has been put in place, leaving it vulnerable to exploitation from outside sources.

"Microsoft annually invests $1 billion in cybersecurity research."

The Microsoft advantage
However, Microsoft is arguably in position to address the major security concerns with its Azure IoT Edge platform. The company invests over $1 billion in cybersecurity research each year. According to Azure Government CISO Matthew Rathbun, a lot of this money is spent  with Azure in mind:

"Ninety percent of my threat landscape starts with a human, either maliciously or inadvertently, making a mistake that somehow compromises security," Rathbun told TechRepublic. "In an ideal state, we're going eventually end up in a world where there'll be zero human touch to an Azure production environment."

Azure IoT Edge represents a bold step forward in empowering IoT technology and improving automated productivity. While there are risks associated with every innovation, Microsoft remains committed to staying at the forefront and protecting its platforms. Companies should be willing to invest in Azure IoT Edge while remaining vigilant about the possible risks. 

How cloud infrastructure can help the retail sector

Cloud computing has caught on in a big way. A recent report from Right Scale found that 81 percent of the enterprise sector has adopted a multi-cloud system in at least some way. Public cloud adoption rates have continued to climb, as well, with the report noting that 92 percent of users now employ cloud technology (up from 89 percent in 2017). Across the board, cloud networks are gaining usership due to its improved interfacing, less dependence on in-house technical teams and flexible program structure.

However, some industry verticals continue to lag behind. The latest international Bitglass survey found that the retail sector has been slow to adopt cloud infrastructure. Only 47.8 percent of responding retail organizations had deployed the often-used Microsoft Office 365 suite, and Amazon Web Services – the most popular cloud system – was only used by 9 percent.

In short, retail is being left behind, and that lag is a serious problem for the industry – in part because retail is a sector that can profit immensely from successful cloud integration. However, cybersecurity concerns and technical knowledge limitations may be slowing down the adoption rate.

Taking advantage of mobile hardware
Almost everyone has a smartphone, that’s not an exaggeration. According to Pew research data, 77 percent of Americans have this hardware, and that number has been climbing steadily. Since smartphones are becoming cheaper and more user friendly, it is unlikely to think this device will be replaced in the near future.

Because smartphones are so ubiquitous and convenient, consumers are using them for a wide variety of tasks, including shopping. OuterBox found that, as of early 2018, precisely 62 percent of shoppers had made a purchase through their phones within the last six months. Another 80 percent had used their smartphones to compare products and deals while inside a store.

With a cloud infrastructure, retailers can better take advantage of this mobile world. Successful retail locations should consider maintaining at least two online networks – one for customers and another for employees. This setup will prevent bandwidth lag and help keep the consumer away from sensitive information. In addition, creating a mobile experience that is user friendly and seamlessly interwoven with the physical shopping experience is paramount.

Rather than building such a system from the ground up, retailers can take advantage of the numerous infrastructure-as-a-service cloud options available, leveraging a reliable third party rather than an in-house IT team.

Shoppers are already augmenting their experience with external online information. Shoppers are already augmenting their experiences with external online information.

Getting ahead of the latest trends
Data drives business intelligence, this is true in every enterprise sector. In retail, housing the right products can mean the difference between turning a profit and going out of business. However, retailers still using traditional sales reporting will be slow to react to shopping trends, as these reports can take months to compile.

Data analytics is the actionable side of big data. In retail, customers convey valuable information about shopping habits before they even enter the store, but if this data is not being captured, it is essentially useless. Bringing in an encompassing data analytics solution, which can read information such as store purchases, response to sales and even social media reaction, can provide retailers with extra information to make actionable decisions.

“This analysis removes the guesswork about what will sell and which styles will flop on the shelves,” Roman Kirsch, CEO of fashion outlet Lesara, stated in an interview with Inc. “We don’t just know which new styles are popular, we can also identify retro trends that are making comebacks, which styles are on the way out, and that helps us to precisely manage our production.”

Improving inventory management
In addition, data analytics can be paired with a responsive inventory management program. Retail-as-a-service solutions exist and can be used to track stock availability, shipping orders and in-store details. With this software, retail companies can get a real-time image of how well products and even entire locations are performing.

These solutions can prevent item shortages before they occur and give retail chains a greater understanding of performance at every location.

Using inventory management solutions can help retailers maximize their shipping profits. They can ship either directly to the customer or to the retail location most in need. Using inventory management solutions can help retailers maximize their shipping profits. They can ship directly to the customer or to the retail location most in need.

Concerning cybersecurity
Perhaps one of the factors slowing the adoption of cloud technology in the retail sector is cybersecurity. Retail organizations process multitudes of consumer credit information by the day, and the fallout from a data breach can be fatal in this sector. When faced with using cloud technology or in-house data center solutions, retail executives may believe that the safest hands are still their own.

However, this may not be the case. Research firm Gartner predicted that through 2022, 95 percent of cloud security failures will be the customer’s fault, meaning that issues will not come from a software defect but through poor implementation. The firm also concluded that cloud structures will see as much as 60 percent fewer cyberattacks than those businesses with in-house servers.

Cloud infrastructure is secure but must be installed and operated properly. The only thing that retail agencies have to fear when it comes to this new solution is technological ignorance, but many cloud providers and third-party services stand ready to aid in the installation process.

The potential of Project Kinect for Azure

When Microsoft first debuted its Kinect hardware in 2010, the product had nothing to do with edge computing, AI or machine learning. The Kinect served as a controller interface for Microsoft's Xbox 360 video game console. (Later versions were released for Windows PC and Xbox One.) Using cameras and sensors, it registered a player's body movements and inputted these gestures as controls. While it was innovative, Kinect struggled to gain a footing.

Despite going through various upgrades, it was fully discontinued as a consumer project in 2017. However, Microsoft did not fully abandon its Kinect hardware. At this year's Build developer's conference the company revealed a new use for its one-time video game accessory: edge computing.

Specifically, the new Kinect project factors into the greater themes of Build 2018, namely combining cognitive computing, AI and edge computing. 

"Microsoft has ambitious plans to bring its Cognitive Services software to Azure IoT Edge."

Microsoft at Build 2018
Edge computing is at the forefront of technological innovation. Capitalizing on the internet of things, this method of data processing de-emphasizes a central hub. Remote sensors receive computer processing power to analyze the data near its source before sending it back, greatly reducing bandwidth needs. This system is also more dependable because the sensors store the data, at least for a limited time span. Network outages or dropped connections won't result in lost or fragmented information.

However, these sensors are, at the moment, fairly basic equipment. Microsoft aims to change that. At Build 2018, the company announced ambitious plans to bring its Cognitive Services software to its edge computing solution, Azure IoT Edge. According to TechCrunch, the first of these programs will be the Custom Vision service.

Implementation of this software with Azure IoT Edge can allow unmanned aerial vehicles, such as drones, to perform more complex tasks without direct control from a central data source. It will give these devices the ability to "see" and understand the environment around them, analyzing new visual data streams. This technology can also be used to improve advanced robotics, autonomous vehicles and industrial machines.

This advanced method of machine learning can increase productivity because all of these devices will be able to continue to perform complicated, vision-based tasks even with network connection disruptions.

Microsoft has also partnered with Qualcomm to bring cognitive vision developer's tools to devices like home assistants, security cameras and other smart devices.

However, this technology, Qualcomm and its Custom Vision service, while useful only work with devices equipped with sensors and cameras that can process visual data. To increase the variety of edge sensors that can benefit from these new tools and software services, Microsoft resurrected the Kinect. 

Allowing advanced robotics to "see" will enable them to perform far more complex actions, even without a constant relay of instructions. Allowing advanced robotics to "see" will enable them to perform far more complex actions, even without a constant relay of instructions.

The power of the Kinect 
In an introduction on LinkedIn, Microsoft Technical Fellow Alex Kipman discussed Project Kinect for Azure. In his piece, Kipman outlined the company's reasoning for opting to return to the commercial failure. First, Kinect has a number of impressive features that make it ideal as a sensor.

These benefits include its 1024×1024 megapixel resolution, which is the highest among any sensor camera. Kinect also comes with a global shutter that will help the device record accurately when in sunlight. Its cameras capture images with automatic per pixel gain selection. This functionality allows the Kinect to capture objects at various ranges cleanly and without distortion. It features multiphase depth calculation to further improve its image accuracy, even when dealing with power supply variation and the presence of lasers. Lastly, the Kinect is a low-power piece of hardware thanks to its high modulation frequency and contrast.

Utilizing the Kinect sensors for cognitive computing makes sense. When looking at the product history, Microsoft had already developed more than half the specifications needed to create an effective sensor. The Kinect was designed to track and process human movement, differentiate users from animals or spectators in the room and operate in numerous real-world settings. It was also made to endure drops and other household accidents. Essentially, the Kinect was a hardy specialized sensor interface a market where it had to compete with precise button pressing.

In an industrial space, Kinect can fair far better. Augmenting existing data collection sensors with this visual aid will increase the amount of actionable data that is recorded. The Kinect brings with it a set of "eyes" for any machine. This advantage will let developers and engineers get creative as they seek to create the advanced edge computing networks of the future.

Data Madness: Physical and digital, ensuring that critical data stays safe

With March winding down, it is important to remember the significance of confidential corporate information. Data has been called the new oil, however, as Business Insider pointed out, this is not a great comparison. Unlike oil, more data does not intrinsically mean greater value. The nature of this information greatly matters.

So really, data is more like sediment. Some bits are just pebbles – numerous beyond count and basically interchangeable. However, certain information – like say personal identification information and dedicated analytical data – is immensely valuable. These are the gemstones, the gold, and this data must be protected.

To avoid data madness, or the immense financial and irreparable damage done by lost confidential information, follow these tips to safeguard valuable data:

"Around 23 percent of IT thefts occur in office."

Securing physical data
While many organizations worry about theft from cars, airports or other public places – not enough information is paid to a real danger: the office. According to a Kensington report, 23 percent of IT thefts occur in office. This is nearly 10 percent higher than hotels and airports.

The same report found that over a third of IT personal have no physical protection in place to prevent hardware from being stolen. Only 20 percent used locks to protect hard drives.

While organizations worry about small devices like wearables and smartphones, basic security cannot be overlooked. Companies must take steps to ensure that only employees or approved guests have access to the premises. Even then, not every worker needs universal access. Server rooms and hardware storage should be kept behind additional locks.

IT teams should also be required to keep a thorough inventory of all network-enabled data devices. This will alert the organization quickly should a theft occur. While cybersecurity grabs headlines – the importance of a good, strong physical lock cannot be overstated.

Malicious third parties are not above using simple and primitive tactics.

Protecting digital data
While physical protection is essential, cybersecurity is rising in importance. Gemalto data states that, since 2013, more than 9 billion digital records have been stolen, misplaced or simply erased without authorization. More troubling is the recent increases in data loss. Gemalto also recorded a steady rise data breach occurrence and a dramatic uptick in misplaced or stolen information.

Cybercriminals adapt quickly and their tools are constantly evolving. Deloitte released a report chronicling the increasing tenacity and sophistication of ransomware, a disturbing cyberattack that strips away essential data access from organizations and charges them to get it back. Infamous attacks like WannaCry made headlines last year and unfortunately these incidents are expected to become more common.

When enhancing cybersecurity, take a company-wide approach. Every employee with network access needs to be educated on basic risks. Network administrators should also structure internet connectivity to run on the principle of least privilege. As with the physical server room, not every employee needs access to every file. Permissions should be given sparingly.

Lastly, businesses need a concrete plan if and when a data breach do occur so that they may respond efficiently and swiftly to contain the attack. 

Finding  the point of breach quickly can reduce the damage done by cybercriminals. Finding the point of breach quickly can reduce the damage done by cybercriminals.

The Cloud Advantage
One of the reasons that cloud services are so popular is that they alleviate certain cybersecurity concerns. Many businesses, especially smaller organizations, have budget restrictions, whereas a cloud services provider like Microsoft annually invests $1 billion in cybersecurity, according to Reuters.

Handing off information security concerns to a trusted organization with more resources is a way to help safeguard your data, backing it up so that it will never be lost or stolen by a malicious third party.

Video: ISG Security – Put Trust On Your Side

Just as quickly as new technologies are developed to secure the information your organization is responsible for, cybercriminals are discovering new ways to get in. And to do it, they’re exploiting one thing – trust.

When you put ISG Technology to work for you, you don’t just put industry leading security experts on your team, you put security at the top of your priority list. You put the concern that someone might be selling you a short-sighted solution to the wayside. You put trust back where it belongs – on your side.

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Cloud types and their business applications: Public and private clouds

The cloud is absolutely revolutionizing how companies are dealing with their data needs. Data storage and processing are the key to a successful business in the modern world, and the variety of cloud storage services out there are allowing companies to take advantage of this truly amazing technology. 

And while this multitude of services is certainly great in terms of providing options, deciding on which one to choose can seem like a daunting task. This technology is so new that many business owners simply don't know how it works, and as such many of them are simply opting to avoid cloud services altogether. 

We at ISG Technology believe the cloud is the future of business, and we hate seeing people miss out on this truly revolutionary technology due to its seeming complexity. So, to clear up any confusion, we've put together this two-part series on what the different kinds of clouds are and what they can be used for. 

Public cloud

This is a good place to start when discussing cloud managed services because it's one of the more basic options. A public cloud is where physical hardware that is owned and operated by a managed service provider in its own facility is leveraged for data storage and other uses by a paying client. These MSP-owned facilities house multiple clients, which is why they are considered "public."

The big benefit of the public cloud comes from its use of the equipment already procured by the MSP. Due to the fact that the hardware has already been paid for, and maintenance is a responsibility of the MSP, the public cloud client operates on a pay-as-you-go model that is highly scalable and extremely reliable. The infrastructure is also shared by multiple companies, which further reduces cost. 

Basically, small and medium-sized businesses can get a lot of use out of the cloud. The lighter load on your budget is great for a business just starting out, and company administrators can rest easy that the equipment storing their data will be safe, as MSPs are experts at handling their hardware. These advantages are the driving force behind IDC reporting that the global public cloud computing market is expected to reach $70 billion before the end of 2015. 

While there are obviously many benefits to the cloud, there are also disadvantages. The biggest of these has to do with security. Because the public cloud requires companies to share computing space, there is an increased risk of data leakage. Another client may accidently gain access to your data, or an outside hacker might gain access to it due to a vulnerability in a different company's defenses. 

The public cloud's main disadvantage is security. There's a bit of a security concern within the public cloud.

Private cloud

Much like its name would suggest, the private cloud allows for the same services of the cloud in a more secluded environment. All the hardware is specifically for one business, and a specialized network is set up just for them. The speed of application deployment and scalability are the same. However, a private cloud can be both on-site or off. This allows for a lot more versatility and flexibility.

The security is also miles better than its public counterpart. Because the network and hardware are specifically for one company, all the security concerns listed above aren't a problem. Another great advantage private cloud storage services have over the public variety is in terms of compliance. A company that operates in an industry with very stringent compliance standards would do well to invest in private cloud managed services because the organization can tool its cloud environment to specific needs. 

However, it's not all good news in the private cloud. The main disadvantage comes from the massive cost of having your own private area of an MSP's data center. Smaller companies simply won't be able to operate entirely on a private cloud data storage model because they won't be able to afford it. This is one reason why many companies don't opt for a private cloud, as the private cloud market was estimated by Technology Business Research Inc. to be worth $41 billion in 2014

Of course, these two models aren't all the cloud has to offer. In the next installment, we'll discuss what hybrid cloud storage services are, and why they're often seen as the better option for modern businesses.