Cloud storage is an alternative to storing files and data on physical devices. It allows for the easy and convenient storage of digital data on external servers. Cloud storage allows users and organizations to store, access, and manage data without owning or operating their own data centers. Due to its affordability, ease of use, and scalability, cloud storage is the most popular method for managing data.

The global cloud storage market was valued at $117.59 billion in 2024, reflecting the demand for individuals and businesses looking for a secure platform to store and manage their data. When considering cloud storage, one of the major factors that can influence a decision is pricing.

Today, Deloitte released its prestigious Deloitte Technology Fast 50 list, which recognizes the 50 most scalable technology companies, based on their turnover, within the entrepreneurial ecosystem in Spain. Internxt, for its part, has closed 2024 with a turnover of €3.4M and it expects to be close to €5M EUR this 2025. The company also has wide profit margins and achieved profitability in Q4 2024, which it intends to maintain for most of 2025.

Cloud storage goes far beyond just uploading your files online and leaving them there. You can do much more with your files to protect, collaborate, and keep your files updated with the proper cloud storage. Two popular approaches for file management are file syncing and backups, which are different methods that you should know how and when to use to get the best from your cloud service provider.