How Much Is A Petabyte? Local vs Cloud Storage Costs
Today, roughly 94% of enterprises are projected to use some form of cloud service, with 82% adopting hybrid models that combine cloud and on-premises infrastructure. By 2030, around 60% of all corporate data is expected to be stored in the cloud, highlighting a major shift away from traditional storage systems toward distributed, on-demand infrastructure. With such a huge amount of data, companies need a scalable, affordable, and secure method to store 1 PB.