Scenario: In the era of the Fourth Industrial Revolution, there exists several types of online storage devices that both organisations and individuals can use to keep their information safe. As an information science student, you may also need to use such devices. Answer the question below based on the given scenario: Convince your fellow classmates on how these online storage devices can benefit them and safeguard their important information. In your answer, it is crucial to consider critical factors such as functionality, data format, capacity, scalability, and performance. Make sure that you provide practical examples to make your explanation more comprehensive.