In 2015, we've reached a breaking point at which businesses of all sizes realize the need for disaster recovery planning. Whether your business is large or small, you surely now realize that your data is your greatest asset. It's data that helps you track your customer relationships, your internal operations and the competitive business climate around you. Without data, you're lost.
Therefore, your data needs to be protected. Whether it's an in-house tech malfunction or a natural disaster headed your way, there are numerous potential incidents that could threaten the health of your data. If and when that happens, you want to have backup copies of all essential files ready.
"Whether your business is large or small, you surely now realize that your data is your greatest asset."
The only question is how. In the past, companies frequently depended on hosting their own backup servers, but that's risky – what if the same disaster hits both your main machines and your backups? Remote storage of physical tapes is an option too, but what if it takes days for those tapes to be shipped?
Fortunately, there's a new strategy for disaster recovery, and it features cloud backup solutions front and center. By handling DR in the cloud, your business can recover from any incident at a speed never before thought possible.
The cloud DR market is growing
According to IT Business Edge, there's a noticeable trend in the cloud computing market today – companies are willing to invest in solutions that help them gain speed and efficiency. Arthur Cole, a business tech infrastructure guru noted that this has driven the growth of Disaster Recovery as a Service (DRaaS), a sector that is now worth $1.4 billion and will balloon to $11.92 billion by 2020.
"These days, the market is characterized by the ability to replicate virtual servers over long distances in order to offset the loss of revenue that extended downtime has increasingly come to represent," Cole explained.
For precisely this reason, DRaaS is catching on. It's becoming appealing to small, mid-sized and large businesses alike.
Effective planning for business success
Achieving success in business is all about good planning. You have to have your priorities mapped out in advance – what does your company want to achieve, and in what order?
When disaster recovery situations arise, you have to have a plan at the ready. The cloud helps make that easy.
"Ultimately, disaster recovery is a matter of perspective," Cole noted. "What data is more valuable than other data? What is the cost of data and service loss? What level of risk are you willing to accept for any given enterprise function?"
By lending structure to your data recovery efforts, a good DRaaS solution can help you gain all the perspective you need.
Say goodbye to downtime
As they always say, time is money. Every minute your business operates is another opportunity to rake in more dollars. Conversely, every minute your data is lost brings serious financial risk.
That's why cloud solutions are so important – they help eliminate downtime and keep your business making money. Virtacore can proudly say it survived 2014 with absolutely zero downtime and, as a result, every client can get its data back faster and stay in business. That's the benefit of handling DR in the cloud.