Backup as a Service (BaaS) – Time to do Backup the Right Way
It’s time that we stop relying on traditional corporate data backup methods as they are no longer the right fit for Business data to simply put it. Everyone is aware of it and yet there is in pockets enterprises relying on racks of storage server backups and specialists. Any business’ data is increasingly become it’s blood line, driving strategic decisions and driving new growth, so it is absolutely imperative that this business data be insured and insured well, should disaster strike. Especially now as the “As-a-service” revolution has brought about a change especially for managed cloud computing providers focused on cloud-based backup systems. Now, backup can be done offsite for less than the annual maintenance of your on-premises storage.
Risks to Business Data Are Everywhere
We all have been seeing the reports published by tech industry leaders such as Cisco, Microsoft, Gartner that the cyber attacks against businesses of all sizes are on the rise and doing much more damage than ever. More than half of all businesses that are victims of a cyber-attack or data breach are subsequently subject to public scrutiny and suffer losses in brand reputation, customer loyalty, and customer trust.
“A well-known pharma retail & distribution company with a vision to provide the best healthcare services to its customers, met with a big ransomware attack. What followed was a nightmare.”
This is not an exceptional case. Getting the business back running after data loss is a huge challenge. Businesses often lose critical data like customer data, supplier information, and accounting information. And very often, the situation occurs due to external factors like improper maintenance of systems, hardware failures, power surges and even natural calamities, etc. Restoring the lost data and finding an alternative in the meanwhile take months to figure out. Business suffers in the process.
We live in an era where data corruption happens very frequently. When valuable business data gets deleted or affected by a virus, it’s either going to cost the business significantly and may take days to bring it back running. Significant reasons for data loss is database corruptions which could be because of human errors/data deletion, power surges, hard disk failures, system crashes, improper shutdown, software corruption, natural disasters, data theft from hackers or insiders.
For the continuity of business, the data needs to be backed up and backed up rightly.
The Future: Backup as a Service (BaaS)
According to IDC reports, by 2020 nearly 40% of the information/data will be “touched” by cloud computing providers meaning that a byte will be stored, processed in a cloud somewhere in its journey from origin to disposal.
This has also given rise to cloud backup services, often called Backup as a Service or BaaS. With BaaS, the complexities of data protection are now outsourced. Backup-as-a-Service (BaaS) is increasing becoming a preferred model for enterprises of all sizes and types, mainly as it eliminates the need to rely on expensive on-site resources to preserve data for both short- and long-term reasons. Now, at a time when many organizations are finding themselves forced to adopt a long-term work-from-home staffing model, it is beginning to make even more sense to move backups off site.
Let us look at 7 reasons/benefits to consider cloud backup as a service from trusted BaaS providers.
Data as we discussed early on is the essence of any organization. A staggering 60% of companies that lose critical data shut down within 6 months of the loss. Data can be put in jeopardy by user error, hacking, sync issues, or malicious insiders.
Convenience: Essential though it may be backup shouldn’t be a main focus of an IT organization. The convenience that comes with BaaS solutions is indisputable for sure. BaaS is automated — and once set up, information is saved automatically as it streams in. You do not have to proactively save, label, and track information anymore. Rather, the convenience of BaaS allows you to concentrate on your work without worrying about data loss.
Cost Efficiency:The main upside to using anything “As-a-Service” service is that you only pay for what you use, eliminating the significant upfront cost and barrier to entry. For corporate data backup, this means not having to anticipate storage needs when buying hardware. With Backup-as-a-Service, your storage can easily scale with your team’s growth without ever needing to upgrade. And with data growth set to double every two years, this kind of flexibility will be essential to building a data-focused business.
CAPEX to OPEX Shift:CloudShift. On demand / Cloud Consumption Model with predictable usage costs as well as the much-preferred benefit of the As-a-service” wave is the shift from a Capital Expenditures (CAPEX) model to an Operational Expenditures (OPEX) model. OPEX removes the upfront cost of IT budgeting. It allows your team to address issues as they arise, using a purchasing model that most businesses prefer.
Safety:Because your data is stored in the BaaS, you are not subject to the typical threats of hackers, natural disasters, and user error. In fact, data that is stored in the BaaS is encrypted, which minimizes the risks your data can incur.
Ease of recovery: Due to multiple levels of redundancy, if data is lost or deleted (most frequently through individual user error or deletion), backups are available and easily located. Multiple levels of redundancy means that your BaaS stores multiple copies of your data in locations independent of each other. The more levels you have stored the better, because each level ensures that your data is safeguarded against loss as much as possible, allowing you to access a backed-up version of your data if it ever gets lost.
Continuous Storage Upgrades:When it comes to corporate data backup, the last thing you should have to worry about is capacity. The decision to keep or remove a block of data should never come down to server backup availability. Traditional on-premise solutions are costly and difficult to upgrade when they inevitably run out of room. A cloud-based, BaaS option is designed to scale to exabyte levels, so there are virtually no limits to how much you can store.
Server Backup-Quality Expertise Without the High Price: We all are a sucker for an added advantage if we can manage to get it. When using BaaS, you’re typically billed based on the amount of data you’re storing in the cloud (and, in some cases, how much data you’re taking out). But BaaS has a secret, free feature built in – maintenance. What you’d ordinarily have to pay an employee to handle all the upkeep an expensive server array requires; a BaaS takes care of it at no extra cost.
BaaS vendors are found in multitude today and actively looking forward to signing up thousands of new customers during the current crisis. Yet adopters should be cautious and alert before committing to any BaaS provider.
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With a decade of experience in Digital Marketing, I understand that content is key to everything Digital today. With a flair for writing and a passion for understanding the nuances of the Tech industry, I choose to read and understand about the things that are making ripples in the technology space and then give a layman’s perspective to things that seem complicated on the surface. I like to strip out the complexity of technology and make it as simple as I can for my readers.
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