Companies are moving their solutions to the cloud at a rapid pace today – the advantages have simply become too numerous to ignore. Large companies and small businesses have been united in taking advantage of the same benefits. The scalability of these resources enables big firms to add more capacity in a hurry and makes it possible for SMBs to work with smaller allotments of IT power than they could acquire from on-site hardware.
Cloud backup systems are an important facet of this hosted revolution, as they enable firms to apply the many benefits of cloud computing to one of the absolute bedrock principles of business today – keeping data safe. While the concept of offsite backup existed before the cloud, legacy data loss prevention models were encumbered by physical hard drive or tape transportation. Things have changed.
Saving data, saving money
Computer Economics recently announced the latest results of IT Outsourcing Statistics, an annual survey conducted by the organization. Businesses were asked to rank which processes give them financial savings when moved off-site. Disaster recovery came in first, with a 92 percent cost success rate. This means that more than nine in every 10 firms that opted for offsite backup saved money when switching, a great ratio. This is especially telling because firms don’t typically see data protection as a cost-cutting choice.
The research organization revealed that the amount of companies outsourcing disaster recovery remained steady, year-over-year, along with the number sending backup processes off-site in general. While this trend stayed constant, one important element is getting better: the capabilities of the individual disaster recovery services organizations are putting in place.
“IT organizations outsource disaster recovery primarily to reduce risk rather than save money, and this is what the study has generally shown in the past,” Computer Economics Research Vice President John Longwell stated. “We think one reason for the change is the maturation of Disaster Recovery as a Service. Using on-demand cloud infrastructure for disaster recovery can be cost effective if you don’t need to maintain the excess capacity.”
The high success rate of outsourced backup functions was mirrored to a lesser extent in other useful features such as help desk features, desktop support and database administration. None of these other processes, however, could go beyond an 86 percent savings rate. All organizations should have some sort of disaster recovery system – data is too precious to lose. This means that the good chances of saving on this function apply to every company.
Market on the rise
The online backup market, and disaster recovery in general, are improving constantly. As recent P&S Market Research data made clear, the space is currently being driven by increasingly expedited recovery, positive return on investment and the presence of more flexible options. The research organization also noted spikes in demand for this technology due to the severe costs when something goes wrong. Organizations have been operating in a data-rich age for over a decade now, and they have seen the consequences that come with not having ready access to data. They are prepared to fight back via data recovery products and strategies.