Do you know that the average downtime costs $5,600 per minute to businesses (Source)?
In the current scenario, almost every business considers data security crucial. Whether it is about your clients, market trends, or financial insights, business data is essential and helps make informed decisions. But losing this data for any reason can cause financial and reputational damages. This is why it is critical to have a well-defined disaster recovery plan in place.
While it is possible to set up in-house data backup operations, it comes at a significant upfront cost of building the in-house architecture and regular maintenance. This is where Backup-as-a-Service (BaaS) can be quite valuable. Instead of burdening your IT team to manage on-premise data backups, you can choose Backup As a Service.
Do you want to know more about BaaS before hiring a managed backup service provider? Continue reading.
What is Backup As a Service (BaaS)?
Backup As a Service, as the name suggests, refers to the subscription-based managed IT services that involve backing up organizational data. The BaaS approach connects systems to cloud servers managed by a third-party managed service provider. It is an alternative to performing backups with an on-premise, centralized IT infrastructure.
Backup As a Service is relatively easy to manage. Here, your data administrators can offload regular backups to the hired service provider instead of worrying about managing servers or local storage at your workplace. Many organizations switch to BaaS after outgrowing their legacy backup systems, and high-level backup upgrades become unaffordable. The services are also suitable for Small and Medium-sized Businesses (SMBs) that cannot afford to maintain on-premise cloud storage.
How Does Backup As a Service Work?
The importance of Backup As a Service can be realized because most businesses cannot afford to be non-compliant concerning data security regulations. In case of data loss and threatened business continuity, they risk legal consequences and loss of reputation. In such situations, BaaS allows them to recover lost data with minimal downtime.
Being a secure and reliable managed cloud service, BaaS is suitable for organizations of all sizes. You do not need to invest in servers and hard drives as a client. Instead, the BaaS provider will connect your data to the cloud backup application, configure your preferences, and leave it to do wonders.
With Backup As a Service, you can also:
- Set backup intervals as per your business needs
- Access a user-friendly dashboard to manage your data
- Save money by paying for the services under a suitable subscription plan
- Recover data that is backed up on the cloud servers
Benefits of Backup As a Service for Your Business
Saves time and effort
If you choose to deploy on-premise backup servers, you are responsible for maintaining the IT setup to keep the servers up and running. This requires considerable investment in the form of a dedicated IT team, defining recovery procedures, and constant server monitoring.
With Backup As a Service, the hired provider will be responsible for the hardware and takes responsibility for keeping your data safe. As a result, you can recover it whenever the need arises.
Eliminates or reduces the ownership cost
The decision to take on-premise backups requires you to pay for upfront costs related to hardware, supporting equipment, cabling, and others. The overall backup process can take a big pie from your annual IT budget. On the other hand, BaaS tends to reduce the cost of ownership as the backup servers are owned and managed by the service providers. They will host your data on their servers and maintain them too.
Allows remote data accessibility
When backed up on the local servers, data may not be accessible from outside the office premises. Therefore, if you want to access some old data backed up locally, you might not be able to do so.
With Backup As a Service, you can access the data from wherever you want at your convenience. In addition, you can log in to the backup server using your authorized credentials.
Allows easy scalability
As your business grows, so does the need to back up bigger data chunks. In the case of on-premise Backup infrastructure, this would mean buying more servers and storage, which may not be feasible for you.
BaaS as a Backup solution is highly scalable. It means you can easily add or reduce the storage capacity as per business requirements.
Switch to Backup As a Service with Verito Technologies
To welcome BaaS as a part of your business operations, you need a reliable managed IT service provider. Switch to Verito Technologies – a trusted managed backup service provider ensuring continued data protection. To discuss your business needs, contact us here.