Recently ZDNet blogger Phil Wainewright published a post entitled “Safe-deposit box SaaS” comparing the disadvantages shared between private SaaS instances and safe deposit boxes at any bank. While comical in nature, this comparison rings true, and Phil makes a number of valid points on the similarities between the two. In the post, he lists out the numerous disadvantages of purchasing a safe deposit box rather than putting money into an account of some kind. The parallels to private cloud investments are pretty clear: “It costs significantly more. Instead of paying the customer interest, the bank levies a steep charge.” “The infrastructure is static. You get no benefit from upgrades to the general bank account infrastructure, such as enhanced online security, additional services and deposit guarantees.” “It’s less convenient. To access your money and valuables, you have to physically visit the bank. There’s no electronic, on-demand access.” “It’s at your.