Indeed, the resources and skills needed for the level of protection clients are demanding — demands that are growing more complicated daily — is normally beyond most law firms’ resources with regard to personnel and technology. The old adage is fitting in this case: “Do what you do best.” And maintaining storage may no longer fall into this space for the typical law firm. Infinite Storage and What Comes Next
The largest Cloud providers are preparing for a meaningful change in this space over the next 10 years of growth. Clearly, storage is becoming very inexpensive as hardware prices drop. This leads us to what I have previously discussed — a time of Infinite Memory. When this happens (and we are very close now), the next significant change will be to the services model in this space. Five of the largest Cloud providers — Google, Amazon, Microsoft, SalesForce and IBM — are all preparing for it. Artificial Intelligence as a Service (AIaaS)
More importantly, no longer will the Cloud be solely about storage. Instead, it will be more about the services — this has existed with SaaS- (Software as a Service)-based solutions for a while, but this is going to change even more in the next several years. The philosophy is that these large Cloud providers will probably start giving storage away for free. The next phase is leveraging some of the more emerging technologies in the Cloud, with Artificial Intelligence as a Service (AIaaS) being the next great jump forward.