File and Blob:
As its name suggests, File storage caters for businesses that want to create file shares in the cloud and have them accessible from anywhere (obviously servers), even client devices. This type of storage works great for both on-premise and cloud deployments of Windows, Linux, and macOS. The techies will be happy to know that this is done with the Server Message Block (SMB) protocol.
Worried about performance, well then enable caching on your Azure File shares with Azure File Sync, and the data will be co-located on an on-premise Windows server i.e. nearer to where it’s being used.
Azure Blob storage (what a cool name) is perfect for unstructured data and data volumes that grow fast (and shrink fast) and can be located in the cloud (true set and forget stuff). Blob storage has massive capacity and allows for you to choose options like hot, cool or archive tiers, depending on how often the data needs to be accessed.
The best part is, you’re only billed for what you use, so there’s no more buying racks of storage and then using them as time goes by.