Also known as Internet storage and hosted storage, online document storage is a method which allows one to store one's data, images, files, and videos on the Internet rather than storing the same hard drives and other physical storage devices. Online document storage offers enhanced protection for critical business data and personal records. Since the data is stored online using a password-protected account, there are no risks that are usually associated with physical storage devices and off-site document storage such as theft, burglary, and loss of data due to floods, fires, famines, earthquakes, and other natural calamities.
Since online document storage makes document retrieval quite fast and easy, businesses are able to enjoy better workflow and greater customer satisfaction. Employees do not end up wasting their time in locating business documents and by having everything available at the click of their mouse, they are able to offer better and timely services to their clients.