Cloud storage is a model of computer data storage in which the digital data is stored in logical pools , said to be on " the cloud ". The physical storage spans multiple servers (sometimes in multiple locations), and the physical environment is typically 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.
Coordinates : .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap} 37°22′14.62″N 121°57′49.46″W / 37.3707278°N 121.9637389°W / 37.3707278; -121.9637389
The company was founded in 1984 by brothers Jason Chang and Richard Chang, who opened its first factory in Kaohsiung, Taiwan.[2] Jason Chang currently serves as company chairman and is on the 2016 Forbes' list of the world's billionaires.[3]
As of 1 April 2016, the company's market cap was US$8.77 billion
Coordinates : .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap} 37°23′16″N 121°57′49″W / 37.38778°N 121.96361°W / 37.38778; -121.96361