What is "the cloud"?
"Cloud" is a relatively recent buzzword that refers to sharing resources among a network of computers and other digital devices. This allows storing data and to process information through multiple computers, rather than storing them in a single hard drive. Despite what its name suggests, information is not located anywhere in the air, but rather in a physical infrastructure of servers provided by the cloud service company. Actually, it is quite hard to distinguish the "cloud" from "the internet" as a whole, since both are inseparable and serve a similar function.
Advantages
The main advantage of cloud storage is, of course, convenience. As you don't rely on your local hard drive to store your data, you can access your data from any place you desire, as long as you have an internet connection and your password. This allows you, for example, to work on your project from your office, and then continue it from your home and even from a park, the data always being within your reach.Moreover, since your data is stored in a remote server, you are less likely to lose it. If your computer burns or you lose your cellphone, your information will always be there, safe in the cloud.
Utilities provided by the cloud
Over time, the concept of the cloud has grown. Nowadays it includes just about any service that can be provisioned quickly via a network connection, often using the Web or mobile applications. This way, besides the basic storage service (provided by Dropbox or Google Drive), a customer could also order up Web hosting in the cloud (Amazon or Rackspace), or consume digital media services such as movies and music on demand in the cloud (Apple iTunes, Amazon, and Netflix), email (Gmail), or even contract for housing and transportation services (AirBnB or Uber).Disadvantages
Of course, not everything is fine and dandy. Using the cloud has its risks, the main one being that once you upload something to the cloud, you lose some control over it. Depending on the cloud company's terms of service, your uploaded data may or may not be easily accessible to the police, should they request to do so. Furthermore, the storage servers are liable to be hacked and sensitive information could be leaked. However, it is the responsibility of the company to prevent such eventualities. Finally, if you ever wish to delete your uploaded data, you may find it impossible to do so, as the company may have multiple servers each one of them having a copy of your uploaded information.