For IT businesses disaster recovery is high priority. However the present IT environment and increased deployment of cloud has vastly complicated the management of cloud based disaster recovery. Thankfully, cloud technologies have now become sufficiently advanced to deliver disaster recovery as a service, or DRaaS in short.
DRaaS is proving to be an inclusive solution for companies of all types so much so that its adoption is growing at a breakneck speed. A recent report says DRaaS market presently pegged at ~ USD 2.1 billion by end of 2017 is expected to grow to a staggering USD 12.54 billion by 2022. The survey goes on to say that the backup and recovery service will have the largest market share in the DRaaS segment. This is not unexpected because backup and recovery plays a key role in IT business, and in this domain DRaaS offers clients cost-effective, reliable and scalable solutions to entrepreneurs ensuring business continuity.
Yes, we all are hearing that cloud based DR solutions offer near-instant recovery. But is it as easy as that?
The answer is no, because for providers it is a challenge to offer bespoke solutions to clients. For designing an optimal solution, vendors must understand their clients’ business first. Providers must get to know how IT impacts their clients’ business operations.
Here are some key questions for which answers are needed.
Considering the criticality of IT business operations, costs must never come in the way of disaster recovery.
Unfortunately, the high costs involved for putting into effect a solid disaster recovery plan pressurizes companies to stick with traditional backup and restore methods. We are now witnessing a scenario where the cost per GB of cloud storage is continuing to go down whereas the costs of devices are remaining constant. This is the time when companies must examine the costs of storing data in the cloud for backups.
It is good news that reevaluation of cost structure and the need to make a Business Impact Analysis (BIA) are making the shift to cloud based DR a compelling option. The days are gone when there were apprehensions of moving applications to cloud.
Today, the cloud has the reliability, security and scalability to move incongruent workloads to a single platform and deliver greater efficiency.
The advantages are several, and the key ones are:
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