Cloud storage has become a big deal. Streaming has also become a big deal for people that no longer want to carry around flash drives or portable hard drives. The internet continues to evolve as people improve the amount of bandwidth that they have on their devices. What this has ultimately resulted in is more opportunities for streaming sites like Spotify and cloud storage sites like Dropbox to gain attention on Wall Street.
Both of these companies have become the recent additions to Wall Street because they both acquired in the IPO in 2018. This was bound to happen because people are dependent upon streaming for the music and cloud storage for their files.
As time progresses there will be even fewer needs for people to carry around a flash drive. It is so much easier to have apps that allow you to store files that can easily be retrieved and downloaded to your phone. You can view some of the apps and even do some editing through cloud platforms like Dropbox. This made it easier for this company to acquire an IPO.
This is something that marks the growth of an environment where people are much more conscious of what they are doing with their time. More people wants to maximize their time and they know that the best way to do this is by embracing the cloud storage abilities that are available for entertainment and work files.
In the office more people are adapting to sharing and working on files together through Dropbox and Google Drive. When it comes to entertainment in the home environment people are streaming movies through Netflix and Hulu. People that want to play some of their favorite music will build a playlist through Spotify or create a radio station through the Pandora app.
There are many possibilities for people that are interested in building a life where they do not have to walk around with portable storage. The apps are easy to use, and this has made people rely more on the internet because it simplifies things. They no longer have to worry about emailing every document to themselves. They don’t have to worry about a limitation on the size of the file. cloud storage eliminates email file size limitations.