While cloud storage offers unmatched benefits for accessing and utilising your data, it can also incur unnecessary costs if it is where you store all your data. For example, you may need storage for seven years’ worth of data. However, only the most recent data will be frequently accessed and used. Instead of purchasing cloud space for the full amount, the better option would be to purchase only the cloud space necessary to store the constantly changed data. The other archive data would be better stored in a hard drive, ultimately saving your business money while also ensuring flexibility and convenience.