Is Your Data Recovery Strategy Adapted to Today’s Digital World?

The pace of the pre-COVID-19 world was extremely fast. Now, it has become even faster as the luxury of time has apparently disappeared completely. Businesses earlier took years to form digital strategies now have no choice but to map it out in a few weeks. When creating a digital strategy, businesses must also ensure that their data recovery strategy is adapted to today’s digital world. How can that be done? Read on to know.

The Stats

According to a survey conducted in 2020, 80% of all organizations mentioned that they have an availability gap between how fast they are capable of recovering applications versus how fast they require the applications to be recovered. About 76% of the responding organizations also admitted that they had a data protection gap between how frequently they can back up data and how much they could afford to lose.

Rising Downtime Costs

In 2020, the average downtime for an outage was 79 minutes, and the cost of downtime is now averaging more than $84,000 per hour. The reasons for downtime can vary from a criminal cyberattack, a device failure, or a programming error.

Need to Upgrade

The traditional on-premises data protection solutions need to be upgraded. According to Chris Pierdominici, product marketing manager at RapidScale, a global managed cloud services provider (MCSP), “Traditional on-premises data protection solutions are proving to be ill-equipped to meet the challenge and are ineffective at protecting data across multiple platforms. They are also more difficult and costly to manage and require in-house expertise that is increasingly tough to find and/or keep amidst the IT labor shortage.”

Cloud is a Reliable Solution

Organizations are turning towards cloud solutions to back up their data in such a scenario. As per the 2021 Flexera State of the Cloud survey, 90% of respondents reported that their cloud usage was higher than initially planned. Gartner has predicted that worldwide end-user spending on public cloud services will grow 23.1% in 2023

Duncan MacDonald, senior director of product development at RapidScale, recently spoke about why the cloud is preferred. He said, “Cloud platforms offer a flexible, more agile infrastructure, and managed services are continually growing their offerings. In addition to scalability, the cloud provides enterprises new ways to tackle building a solid DR process, and by design, cloud services are often highly available and fault-tolerant inside and across geographic regions.”

What Cloud Solutions Should You Consider?

When crafting your data recovery strategy, you should consider options like Disaster Recovery as a Service (DRaaS) and Backup as a Service (BaaS). They address the drawbacks and complications of traditional DR and backup planning. They relate to restoring, protecting, replicating, and recovering critical data, applications, and virtualized infrastructure.

These are cost-effective solutions as they eliminate the ongoing and upfront investment in a redundant infrastructure. Cloud solutions are also preferred as they offer automated deployment and configuration and enhanced security levels.


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