The cloud computing market has grown rapidly over the past few years, with 451 Research projecting a value of $14.6 billion for the entire industry by 2016. The phrase “cloud computing” has been around since 1997, according to GCN. A year after the industry coined the phrase, VMWare launched, providing access to virtualization software. It’s been a long road for cloud computing, but it’s paid off for companies and investors alike. Dropbox is currently valued at $8 billion, while Read Write reports that Amazon Web Services is projected to be as high as $30 billion. It’s clear that cloud storage is the darling of technology companies, enterprises and investors alike. The question is, what is so appealing about the top cloud services that garners this much growth and attention?
