DRaaS is a Business Growth Strategy

Transformational changes, as we experienced in 2020, bring challenges and unforeseen business opportunities. Improving enterprises’ growth opportunities and ensuring business continuity are two areas where the cloud plays a vital role. Organizations that embrace the cloud transform into asset-light entities that are agile, more competitive and focused on the growth of their businesses. Cloud-based disaster recovery as a service (DRaaS) is the foundation of a sound business continuity strategy that keeps the company running, even in the aftermath of a disruptive event.

Enterprises with mature cloud adoption improved business resiliency and reliability as they reduced downtime by 58% and monthly critical incidents by 55% with cloud migration.¹

Ride the waves?

It is always prudent to ride the waves of change than to fight them. New trends, including SaaS and IoT, have shifted enterprise data to the edge and the cloud. A recent IDC report found that only 30% of stored data is stored in internal data centers. It makes the most sense to have your backup applications near your data in the cloud.²

The rising cyberthreats serve as a constant reminder and a motivator for moving corporate data to the cloud to be better protected. Business continuity requires air-gapped backup copies that are readily available in the event of a disruption. DRaaS is the wise option for a full recovery and the lowest downtime.

Gartner predicted that cyberattacks were likely to impact one organization every 11 seconds by the end of 2021. Aside from being costly, breaches will damage an organization’s reputation and cause loss of customers and trust. Cyber-attacks tend to have a long tail, and their impact on enterprises lasts for years.³

DRaaS makes good business sense?

DRaaS is the most precious business insurance policy that one can find. The value of DRaaS is rarely appreciated until we need it, however it turns out that businesses need disaster recovery a lot. Gartner says 76% of organizations reported at least one incident in the past two years that required an IT DR plan.⁴ Let’s look at some of the business benefits of DRaaS:

• Budget-friendly OpEx. The cloud model offers a utility consumption model where you pay for what you consume. The new model removes the expensive upfront CapEx investments and lowers operating expenses for simplified testing.
• Free scarce IT resources. DRaaS frees IT teams to focus on more valuable business initiatives.
• Maintain business continuity. Cloud-based backups are air-gapped and beyond bad actors’ reach, ensuring business continuity with the least disruptions.
• Data protection. Cyberthreats are a constant danger that requires resources beyond IT teams’ abilities. About 81% of organizations consider security their top challenge.⁵
• Continuous compliance. DRaaS enables enterprises to respond to audits and demonstrate compliance with proper reporting and documentation.

Learn more about how to grow your business with our cloud DRaaS by visiting: Global Storage

Sources:

1. McKinsey Digital February 2021. “Cloud’s trillion-dollar prize is up for grabs.”
2. Seagate 2021. “Rethink Data. Put More of your Business Data to Work from Edge to Cloud.”
3. Gartner December 2020. “How to Cut Costs for Backup and Recovery Software, Now and in the Future.”
4. Gartner April 2020. “Survey Analysis. IT Disaster Recovery Trends and Benchmarks.”
5. Flexera 2021. “Flexera 2021 Stare of the Cloud.”