Offsite, remote backups of data are long ago economically and logistically out of reach for the majority of small and medium-sized enterprises (SMEs). Limitations have always been the cost of online data transfer, the expense of a high-quality feature-rich data backup software, and the expense of storage containers that are offsite that are located in a data center or in other types of offsite facilities.
With the growth of internet-based services and higher connectivity for online connections, which is being cheaper backups offsite and similar services are now available for a broad range of organizations. In the past, these online data backup solutions were only accessible to big companies or academic institutions, and government departments.
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The exponential expansion of "cloud computing" resources and "cloud services" has drastically reduced the cost of online bandwidth and storage space. The substantial financial commitment of the cloud computing solutions and services provided by cloud computing Providers have also improved the reliability and availability of these kinds of services.
A few years ago storage containers online and data transfer were priced per megabyte. Today, in the world that is cloud computing, storage and data transfer are calculated and priced by the gigabyte, and at similar prices to what was the norm for people to pay per megabyte.