What is Cloud Storage Technology?

Cloud storage technology refers to storing of data on remote servers of a third party cloud service provider. In this type of data storage model, digital data is stored in logical pools with physical storage spanning multiple servers and sometimes locations. The physical environment is usually owned and managed by a hosting company. These cloud storage providers are responsible for keeping the data available and accessible, and the physical environment protected and running. People and organizations buy or lease storage capacity from the providers to store user, organization, or application data.

Cloud storage services may be accessed through a co-located cloud computer service, a web service application programming interface (API) or by applications that utilize the API, such as cloud desktop storage, a cloud storage gateway or Web-based content management systems.

(source: Wikipedia)