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Verizon recently announced its new pricing plan for bandwidth.  You can get a very low speed (3 mbps down by 1mbps up) connection for about $55 per month, but if you feel like living in the fast lane, for $205 per month, you can crank your bandwidth up to the almost unimaginable speed of 300 mbps down by 65 mbps up.  How fast is that?  Working on a 300/65 connection would allow you to treat the cloud like a local hard drive.  Truthfully, that’s pretty cheap – but, it begs for the question, do you really need that kind of speed?  The short answer is not yet.  Even if everyone in your house was watching HD video on Netflix and you were uploading hour long HD movie files to your new storage cloud at the same time all day long, you wouldn’t come close to using it all.  When will you need this kind of speed?

Shelly Palmer

Shelly Palmer is Managing Partner at Palmer Advanced Media, a technology-focused strategic advisory practice that helps Fortune 500 companies and growth-stage companies with digital strategy, data science, marketing, branding, and business development. He is Fox 5 New York's on-air tech and digital media expert and a regular commentator on CNBC and CNN. @shellypalmer or visit shellypalmer.com.

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"Shelly Palmer Radio Report – June 4, 2012" by @ShellyPalmer