Differences Between Cloud-Based and On-Prem Password Managers
The adoption of cloud software in organizations continues to grow. In 2020, the combined end-user spending on cloud services totaled $270 billion, according to Gartner. By 2022, projections indicate that this total will rise to a staggering $397.5 billion. In fact, according to Arcserve, there will be over 100 zettabytes of data stored in the cloud by 2025. To give you some perspective, a zettabyte is equivalent to a billion terabytes. But are cloud services superior to an on-premises solution?