We are generating more data than we have ever done. Businesses, for instance, are recording customer and transaction information, digitising payroll, and supporting their operations through virtual tools. This is happening globally; the sum of data that is being created as a result is astonishing. A recent IDC research indicates that the amount of data stored will reach 163 zettabytes by 2025.
This data needs to be backed up in an appropriate manner for business continuity. Cloud Backup Service or Backup as a Service (BaaS) is a solution that allows you to keep copies of your data in the cloud and call them back when you need to use them. It is storage, but one that is done on the cloud. It is also potentially unlimited, but you only pay for the storage space that you use.
The purpose of online backup is simple and straightforward: to protect the information – whether it is business data or personal – from the risk of loss associated with user error, hacking, or any other kind of technological disaster. Instead of performing backup with a centralised, on-premises IT department, BaaS connects systems to a private, public, or hybrid cloud managed by the outside provider. With BaaS, the complexities of data protection are now outsourced. Here are the 3 backup as a service questions you should ask yourself before opting it.
Question 1: Is your business ready to recover from data loss?
Getting the business back running after data loss is a huge challenge today. 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.
India witnessed the world’s highest number of data breaches in 2018 and 2019 and the average cost of a data breach is rising 8% year-on-year to INR 11.9 crores (USD 1.7 million). But it is not just the data breaches and thefts that are alarming.
We live in an era where data corruption happens very frequently. When valuable business data gets deleted or affected by a virus, it is either going to cost the business significantly and may take days to bring it back running. Significant reasons for data loss are 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.
60% of companies that lose critical data shut down within 6 months of the loss. Data loss is often a major concern for software-as-a-service (SaaS) customers because SaaS vendors’ backup policies cannot guarantee a complete and speedy restore of lost data. Data can be put in jeopardy by user error, hacking, sync issues, or malicious insiders. Data loss can be easily avoided by pairing SaaS applications with a complete BaaS backup and recovery solution.
Question 2: What are the various advantages of using Backup as a Service in today’s time?
In the age of innovative cloud solutions, businesses should be adopting back up as a service offering. Data is the essence of any organization. It is the key ingredient for making more informed business decisions that will drive innovation – so it is no wonder that data storage needs are increasing rapidly.
When it comes to managing all that data, the development of cloud technologies has driven many businesses away from onsite storage, removing the need for businesses to manage their own infrastructure. Backup as a service (BaaS) solution offer more flexibility and much better value to companies willing to implement it.
Here are the advantages that are offered by Backup as a Service:
- Convenience- BaaS is automated, so once it is set up, information is saved automatically as it streams in. You do not have to proactively save, label, and track information. Rather, the convenience of BaaS allows you to concentrate on your work without worrying about data loss.
- Safety- Because your data is stored in the BaaS, you are not subjected 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 mean 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.
- Affordability– BaaS can be less expensive than the cost of tape drives, servers, or other hardware and software elements necessary to perform backup; the media on which the backups are stored; the transportation of media to a remote location for safekeeping; and the IT labor required to manage and troubleshoot backup systems.
Question 3: In what ways can implementing Backup as a Service benefit your organization?
Implementing a backup as a service (BaaS) solution for your organization can help it in many ways. According to Forbes, there can be tremendous cost savings by moving backups into cloud storage.
- Backup as a service with cloud tiering means storage on demand.
A service model featuring cloud storage provides elasticity when on-premise equipment reaches maximum capacity. And backups are so critical that running out of storage is not an option.
Backing up data to traditional equipment can sometimes be problematic. The agility of cloud gives enterprises the flexibility to adjust when real-world data growth exceeds planning assumptions made years earlier. BaaS with cloud tiering can offer agility in the event of the unexpected.
- IT gains time to advance the enterprise’s objectives.
The IT as a service movement grew from organizations’ desire to free themselves from building or maintaining “stuff.” The more an organization can outsource tasks that are not part of the mission statement, the more time it must focus on initiatives that help it achieve that mission statement. All the infrastructure involved with data backup can be even more complicated to maintain. Enterprises should spend time managing and leveraging their digital assets, not managing backups.
- Outsourced performance monitoring offers backup peace of mind.
With backup as a service, a vendor monitors the backups to ensure that everything backs up properly, freeing employees to make systems work for business instead of just keeping systems up and running. Just as with other successful ITaaS offerings, BaaS promises to vastly improve the enterprise. For many of the same reasons why SaaS took off, BaaS can save valuable time for IT professionals and help C-suite executives achieve their goals.
About Progression’s Offering
With Progression’s Managed Backup Solutions, your workload’s safety and reliability is assured. You get a backup plan that takes care of all your data needs-implementing fast retrieval of business-critical applications and cost-effectiveness for large datasets with zero purchasing, licensing, or maintenance cost for hardware or software.
As the trusted Backup and Business Continuity solutions provider for enterprises across the globe, including in industries like pharmaceutics, automobile, and healthcare – you can be assured that your backups are always secure.
Move your backups to the cloud – while leveraging either Progression’s high-availability data centers or Public Cloud options such as Azure and AWS.
To find out more about how we can help protect your business, please leave us your contact details here or call us at +91-124-6670100. Reach us today for any queries!