Pan-Net offers local disk storage based on customer request. Local storage can be used instead of the cloud-based storage options (block or object storage) or in certain combinations with virtual machines.
Since data is a very valuable asset, there are a few trade-offs that need to be considered. Cloud storage offers advantages over local storage in terms of
Accessibility - data can be accessed from anywhere and from any device, and simplifies sharing and collaboration
Data recoverability - cloud storage decreases the risk of losing data due to disk failure; the cloud storage architecture is highly resilient, which is difficult or costly to manage on local storage