Your data is the fuel of your business – it’s irreplaceable and you cannot afford to lose it. Whatever the cause – IT outages, natural disaster, or human error – data loss is hazardous to the life of your business. As your business progresses, you will need a proactive disaster recovery plan that enables workflow automation and simplifies recovery when the worst possible situations arise. Your disaster recovery plan should include the following ingredients:
- Inventory of hardware, software application, and data
- Business Impact Analysis (BIA)
- Personnel Control Program
- Procedures for Information Services backup
- Recovery Strategies
- Test your DR plan regularly
Disaster Recovery entails:
- Recovery Point Objective (RPO) – How often do you back up your data? Whether you decide if it’s for every five minutes or five hours, that’s RPO.
- Recovery Time Objective (RTO) – How much time your business can afford to have your systems unavailable? Which all applications are mission critical and which are not? RTO determines that.
Disaster Recovery as a Service (DRaaS) market size is expected to grow from USD 2.19 Billion in 2017 to USD 12.54 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 41.8%1. DRaaS or Cloud Disaster Recovery Service has become increasingly popular as a way for businesses to:
- Restore to normal operations within minutes
- Increase the capabilities to protect their digital assets.
- Shorten the RTO from days to hours or minutes
- Reducing the gap in RPO from days or weeks to seconds.
- Shift to a commodified operational cost model
Leveraging a complete DR plan will be difficult if your business is struggling with overburdened IT team. Building your infrastructure can take a vast amount of time and resources. In this scenario, a DRaaS provider can be an advantage for you.
Points to consider while selecting a service provider:
- What is their market presence? – Understand how long they have been in business and offering the solution
- Scrutinize their offerings for hidden costs – their pricing model
- Understand their testing capabilities – how often they perform internal tests, how they share results.
- What are their security and encryption strategies?
- Verify their compliance certifications meet your industry’s requirements
DRaaS enables businesses to reduce data loss risks at a more affordable cost and fewer capital expenditures than by doing DR on your own. DRaaS saves you the money you need to invest on a duplicate infrastructure, and your ROI becomes quantifiable. Gartner estimates the financial impact of downtime at $336,000 per hour2. With proper planning, practice and the right partner, DRaaS can save that cost.
Trigent’s DRaaS is multi-site, comprehensive, granular, and can be deployed faster and remotely. Our service provides scalable, block-level replication with Recovery Point Objective (RPO) of seconds and Recovery Time Objective (RTO) of minutes. We provide businesses with tight SLAs and offer a cost-effective solution for your disaster recovery needs.
Download our brochure to know more.
Partner with us, and stay immune from effects of downtime and outages.
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Sources
- https://www.businesswire.com/news/home/20171229005190/en/Disaster-Recovery-Service-Market—Global-Forecast
- https://blogs.gartner.com/andrew-lerner/2014/07/16/the-cost-of-downtime/
