Instead of storing your data and files on your own computer or a server within your office, they are stored in a secure, off-site facility. Backups of your data will be created on a regular basis, and they will be saved on servers at multiple data centers throughout the world.
Therefore, in the event of a natural disaster or fire, your files will be safe. You can access your files stored on the cloud via the internet from your office or home.
For businesses, there are a slew of different cloud drive services—each with their own unique advantages and disadvantages.