With an ever-growing threat from increasingly sophisticated cyberattacks or natural disasters, there is a greater need than ever for companies to have business continuity plans in place to sustain core business functions. The consequences of not doing so can lead to substantial financial loss and irrevocable reputational damage.
As a result, business leaders need to make a decision; should we commission a Disaster Recovery as a Service (DRaaS) provider or keep it in-house and invest in a Disaster Recovery (DR) solution?
To facilitate the decision process, we’ve put together 3 important points to keep in mind about DRaaS and DR before making a selection.
What Is Disaster Recovery (DR)?
Disaster recovery relates to a business’ ability to promptly resume normal operations by regaining access to its data and infrastructure following a major incident such as a cyber attack or a natural disaster. In cases where entire facilities are compromised, the process can extend to logistical measures such as emergency work premises and transportation for staff.
Statistics show that 96% of SMBs with DR in place fully recover from ransomware, whereas 40% without DR in place cannot quickly and fully recover. Disaster recovery typically follows a disaster recovery plan – a document that is strategically developed to outline the procedures an organization must follow to recover as quickly as possible during an acutely stressful period.
It is important to note that a DR plan is only one element in the encompassing business continuity plan.
What Is Disaster Recovery as a Service (DRaaS)?
DRaaS utilizes replication to clone business-critical information and keep it in the cloud. Thereafter, it uses resources based in the cloud to develop end-to-end recovery infrastructure. If a disaster occurs then business operations and end-user access are “failed over” to this cloud environment until the original IT infrastructure is ready to use again.
DRaaS systems can either be set up to automatically jump-start when business systems fail – meaning no downtime, – or will need to be switched on manually, which would mean they naturally take slightly longer to kick into gear.
Why Is DRaaS Becoming Increasingly Popular?
DRaaS has grown in popularity due to the range of benefits it can deliver to any organization. The main benefits include:
- Solidifying data protection plans for enhanced security and accessibility of information in the event of a disaster.
- Ensuring organizations stay up and running even when internal systems are down.
- The provision of a competitive advantage over other businesses in the region that may not be operating as a result of the same disaster.
- Reduced off-site DR infrastructure costs, as there is no requirement for additional physical space.
- Increased flexibility and easy scalability of IT infrastructure as the business grows.
According to a recent study, only 20% of respondents stated that their organizations did not use cloud disaster recovery and had no intention of using it in the future. This demonstrates the larger role DRaaS is playing in the modern business landscape. With many companies failing to ever recover from major incidents, it is paramount to have a plan in place for business continuity should disaster strike.