Cloud Storage Isn’t Cheap: Price of the Cloud Compared to Traditional Storage
nasuni.com
nasuni.com
It appears that the author reached the correct conclusion: the correct solution considers the requirements before arriving at a solution. IMO, the article would be much clearer if it focused on a specific use case. There are many different situations that require large amounts of storage.
If you run a video production studio, it probably makes more sense to use a local NAS like NetApp, because you're going to move a lot of data every single day. The bandwidth costs are going to eat your lunch. In that case, a local NAS makes sense.
If you run a website, cloud storage makes a lot more sense. All of your bits are going to go across the wire, so whether your NAS is local is less significant. Having the data closer to users and maintaining a high level of up-time is more important.
Cloud storage has a tremendous advantage over a local NAS when your apartment/house/office/campus burns down.
If you're just a typical internet user then it's probably not worth storing data in the cloud, since hard drives/USB/Flash storage is a cheaper option, but companies can save money on the overheads of maintaining and administering very large volumes of data. For a company, storing data in the cloud is not especially safe, but then there are also risks associated with local administration too.
Kind of like leasing a car, but the cars get 10x better every year
(disclosure: I cofounded SpiderOak in 2007)
Yes, AWS is a bigger target than Joe's Burgers, but the question is whether Joe will do a better job protecting his data than Amazon does.
I suspect that AWS is more secure for most values of "Joe".