cloud storage

Cloud storage is a model of cloud computing that stores information on the Internet via a cloud service provider who operates and manages data storage. The cloud storage provider delivers just-in-time storage capacity on-demand to the client, which eliminates the need for the client to purchase and manage its own data infrastructure and storage. For companies in the oil and gas sector with large data storage requirements, cloud storage can provide agility, durability, and global scale, along with “anywhere, anytime” data access. Cloud storage can be purchased from third-party cloud vendors who can deliver it online as a “pay-as-you-go” model. The cloud storage vendor will manage the security, durability, and capacity to make data accessible to the company’s applications anywhere in the world. Many vendors also provide complementary services aimed at helping clients collect, secure, analyze, and manage data on a massive scale.

Related Terminology

See all Terminology →