Remember Snapdisk? It was a locally-created service offering a terabyte of online storage for free, but it’s closing down after being in operation for barely a year.
We received this very sad update by email earlier this week from Shaun Adler, founder of the company behind the Snapdisk service, Motillion:
“When we created Snapdisk, we wanted to build a premium cloud storage service that would protect all your digital files – that was our goal. We did it; we got our service up and running and launched it, but as things happen in real life, the market wasn’t quite ready for us and we didn’t get the traction we expected.
Today I am sorry to announce that Snapdisk will be shutting down on 31 July 2014.”
He went on to say that users are encouraged to download their data from Snapdisk for offline storage before the shutdown date, and apologised for the inconvenience.
We’ve requested a little more background on why, exactly, the service shut down, and will hopefully post a follow-up story once we know more.
Similar overseas-based services like Google Drive, OneDrive and DropBox offer far fewer free gigs – often less than 20GB – with paid-for subscription services on offer in case more storage is needed. The idea being to entice people with a free option, show them how useful it is to store their files in the cloud and then capitalise on their growing needs by encouraging them to pay real money for more.
In comparison, Snapdisk offered a terabyte of cloud storage for free and subscriptions that started at just over R100 ($9.99) for 1.5 terabytes. In hindsight, maybe that terabyte was just a little too much to let people have for no money at all.
Interestingly, there is no sign of this turmoil on Snapdisk’s web page – it appears to be business as usual since the service is still apparently accepting sign ups despite the alert as to its imminent demise going out on Tuesday the 1st of July.