<Li> Businesses using cloud storage can cut their energy consumption by up to 70% making them a more green business . Also at the vendor level they are dealing with higher levels of energy so they will be more equipped with managing it in order to keep their own costs down as well . </Li> <Li> Organizations can choose between off - premises and on - premises cloud storage options, or a mixture of the two options, depending on relevant decision criteria that is complementary to initial direct cost savings potential; for instance, continuity of operations (COOP), disaster recovery (DR), security (PII, HIPAA, SARBOX, IA / CND), and records retention laws, regulations, and policies . </Li> <Li> Storage availability and data protection is intrinsic to object storage architecture, so depending on the application, the additional technology, effort and cost to add availability and protection can be eliminated . </Li> <Li> Storage maintenance tasks, such as purchasing additional storage capacity, are offloaded to the responsibility of a service provider . </Li>

Who owns the data stored in a cloud system