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The Downsides to Cloud Storage

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This story appears in the August 2013 issue of Entrepreneur. Subscribe »

Q: Should my company really be sending everything skyward?

A: The cloud has changed the way we do business, archiving data and computer tools and making them available anywhere that has access to the web. But it's not perfect, and some benefits come at a steep cost. We asked Alen Peacock to play devil's advocate. He's co-founder of Space Monkey, a Midvale, Utah-based startup focused on making file storage faster and more cost-effective through (you guessed it) the cloud. Here, he points out some potential downsides.

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