Is it Raining on the Cloud Storage Parade?

Last week was a dark one for cloud storage vendors. The week began with confirmation that Iron Mountain had closed its file and archiving cloud services and ended with news that startup Cirtas laid off most of its staff.

So is this a sign that cloud storage isn’t catching on, or the beginning of consolidation in the market? It’s certainly not yet a sign of doom for cloud storage. Every major storage vendor has public and/or private cloud products and services, and they’re pushing them hard. Iron Mountain and EMC – which closed Atmos Online last year – still have other cloud offerings.