Sorry, Box, but free is not a business model

Gigaom LogoFree is not a sustainable business model. Everyone knows this, especially those who lived through the dot-com bubble 15 years ago. Everyone, it seems, except for cloud storage investors. Billions of dollars have been poured into cloud storage companies that are giving away their product, with just a tiny sliver of their customer base actually paying for anything.

Offering a free version of your product is nothing new for technology companies, but those who are successful at using this model either give the customer a strong incentive to upgrade to a paid version, or they do as Google has done and create a massive audience that can then be sold to advertisers. The most popular and heavily-financed cloud storage companies do neither.

Click here to read Gigaom’s full article

READ MORE

Nasuni Media Relations

Global: Waters Agency Maria Loupa +44 (0)7591 004 738 |

Related News

April 24, 2024 AI Analytics In Manufacturing: Top Strategies From Tech Experts

Nasuni's Russ Kennedy is featured in this Expert Panel discussing how the applications of AI in manufacturing are varied and valuable.

April 24, 2024 How Leo A Daly Embraced Cloud Backups for Scalability and Security

Using the Nasuni File Data Platform, Leo A Daly dramatically reduced file recovery times and improved collaboration across its sites.

April 22, 2024 Why Data Strategy Comes Before AI Strategy

Nasuni's Arjo de Bruin discusses how enterprises can get their data fit for AI.