As businesses are now completely dependent on data and computer systems, Disaster Recovery as a Service is quickly becoming something companies need in order to keep operations running. In fact, Transparency Market Research found that the DRaaS market is expected to rise at a compound annual growth rate of 36 percent through 2022.
Obviously, a lot of companies are beginning to see the many benefits of outsourcing their disaster recovery needs. That being said, many of these businesses have yet to integrate the cloud into their plans.
While cloud-based disaster recovery plans aren't for everybody, they actually have many advantages that the average business can benefit from.
The cloud allows for faster recovery
A lot of the cloud's popularity comes from the massive benefits to efficiency that it offers. This level of efficiency is also seen within disaster recovery plans that are based around cloud services.
As Bill Claybrook stated in a TechTarget article, much of the cloud's agility in putting a company back on its feet when disaster strikes has to do with its physical server requirements. The cloud needs fewer servers than required by traditional disaster recovery plans, and as such has fewer actions to carry out when executing the plan. This means faster recovery for your company, which translates to less downtime and less money lost.
Another great benefit of DRaaS is the use of service-level agreements by both the managed service provider and the company receiving the disaster recovery solution. An SLA lays out the MSP's minimum requirements in terms of services provided. In this case, an SLA can define a concrete timeline for disaster recovery, which can give company administrators peace of mind knowing that their business will be up and running within the preordained timeline.
Costs are lower
When you do disaster recovery in-house, you're basically dumping a lot of extra work on your IT professionals. These employees have a lot of jobs outside of disaster recovery, and DRaaS allows them to fulfill your company's technical goals without being hindered by working on and testing a DR plan.
Costs are also lowered in terms of hardware when receiving DRaaS. When you outsource your disaster recovery to an MSP, you can rest assured that the vendor has hardware that is far superior to your own. An MSP's livelihood comes from having reliable services, which means having some of the best equipment money can buy.
This means that you'll be getting the benefits of the best hardware without having to actually pay for it yourself. And considering the fact that a Databarracks survey found that 21 percent of data loss events occur due to hardware failure, you can rest assured that your MSP's equipment will work better and longer than your own.
That being said, the cloud isn't for everyone. Some companies simply need on-site disaster recovery, while others would benefit from a hybrid of these solutions.
Thankfully, ISG Technology makes choosing a DR solution simple. With services ranging from cloud-based, hybrid or even on-site disaster recovery models, ISG Technology can help your company develop a plan to increase business continuity and decrease downtime.