{"id":11114,"date":"2014-05-08T16:00:48","date_gmt":"2014-05-08T14:00:48","guid":{"rendered":"https:\/\/owncloud.com\/?p=11114"},"modified":"2020-10-27T09:18:01","modified_gmt":"2020-10-27T09:18:01","slug":"box-delays-ipo-public-cloud-momentum-beginning-slow","status":"publish","type":"post","link":"https:\/\/owncloud.com\/de\/blogs\/box-delays-ipo-public-cloud-momentum-beginning-slow\/","title":{"rendered":"Box delays IPO, Is Public Cloud Momentum Beginning to Slow?"},"content":{"rendered":"

Well, frankly, I think it\u2019s a given \u2013 especially if you take a look at Bessemer\u2019s cloud computing index in this VentureBeat\u00a0story<\/a>, but I guess we have to ask why.<\/p>\n

I mean, the cloud is great; fast, often cheap deployment and flexible on and off boarding. Great flexibility for departments and individuals. So what\u2019s not to like?<\/p>\n

As corporate IT has begun to focus on things like data protection and the real cost of the cloud, they have found some disturbing consequences and, since storage and cloud tools are now more affordable than ever, companies are rethinking their cloud rush.<\/p>\n

First the consequences:<\/p>\n

Privacy. Anyone who hasn\u2019t been living in a cave has been hearing the nightmare stories of governments \u2013 and cloud service providers themselves \u2013 snooping into customer data. And just recently, it seems that it no longer matter where,\u00a0geographically<\/a>, that data is stored. Isn\u2019t it better to rely on your own internal protections and legal team to protect your data?<\/p>\n

Security. We are not saying necessarily that public cloud providers are not\u00a0secure<\/a>\u00a0\u2013 I guess we\u2019re just saying that, all things being equal, wouldn\u2019t you trust the infrastructure you already have to secure your data?<\/p>\n

Downtime. Again, wouldn\u2019t you rather choke\/rely on your own throat?<\/p>\n

Total loss of control. With the advent of BYOD and BYOA, employees are exposing more and more data \u2013 sometimes even regulated data \u2013 to the public cloud, potentially exposing their employers to regulatory and legal consequences.<\/p>\n

Cost. Nothing in life is\u00a0free<\/a>. Sure, most cloud services offering free\u00a0storage<\/a>\u00a0and small projects are relatively cheaply, but scale up and companies are finding the costs quickly multiply. Why pay for storage when you already have storage? Why create redundant silos of data? Why move your data at all?<\/p>\n

With the reduction of storage costs, the vast improvement of\u00a0cloud tools<\/a>\u00a0for internal cloud and the investments already made in internal IT infrastructure, why move your data?<\/p>\n

Many business are in fact turning to private or hybrid cloud models \u2014 holding on to critical data and using the security, management and identity tools they already have to protect their data AND give their employees the tools they are used to.<\/p>\n

And let\u2019s consider why Box \u2014 and Dropbox for that matter \u2014 have had to raise so much money. They sell storage. So every customer \u2014 including free users \u2014 costs them money to support. We have a\u00a0different way<\/a>\u00a0of going about things. We\u2019re open source and we don\u2019t sell storage, we sell the ability to use your own storage (or cloud storage) as easily as you would pure cloud storage. And our free users? Well, we call them our community. And they teach us a lot and often become paying customers. They use their own storage and their own tools to protect their data. They aren\u2019t a drag on our business, they help fuel it.<\/p>\n

Businesses will continue to seek better ways to access \u2013 and protect \u2013 data. We just think we have a better, and more flexible, mouse trap.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Many business are in fact turning to private or hybrid cloud models.<\/p>\n","protected":false},"author":15,"featured_media":78665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[48],"tags":[],"class_list":["post-11114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/owncloud.com\/de\/wp-json\/wp\/v2\/posts\/11114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/owncloud.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/owncloud.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/owncloud.com\/de\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/owncloud.com\/de\/wp-json\/wp\/v2\/comments?post=11114"}],"version-history":[{"count":0,"href":"https:\/\/owncloud.com\/de\/wp-json\/wp\/v2\/posts\/11114\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/owncloud.com\/de\/wp-json\/wp\/v2\/media\/78665"}],"wp:attachment":[{"href":"https:\/\/owncloud.com\/de\/wp-json\/wp\/v2\/media?parent=11114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/owncloud.com\/de\/wp-json\/wp\/v2\/categories?post=11114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/owncloud.com\/de\/wp-json\/wp\/v2\/tags?post=11114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}