In 2013 alone, there were about 296 separate natural disasters as reported by Insurance Journal. This took a toll on the economy as it amounted to about $ 192 billion in economic losses. This was termed as being a “better” year than the previous year in terms of losses as it was below the ten year average of $200 billion losses. However, as a business, you will never know the kind of year you will experience when it comes to natural disasters. This simply means that you have to be well prepared for this, if you would like your businesses to remain relevant and profitable. At the moment, cloud based data backup system seems also to be the way to go as it is one of the most efficient and easiest way of prepping for disaster and some of the reasons for this include:
- Affordable – using the cloud backup system is considered a utility as there is no capital investment in software or hardware. It is offered on a pay as you go basis which shows that it is cost effective for a small business working on a budget.
- Separation from disaster – data is stored in a location that is far from the workplace which means that it will not be affected when disaster strikes at any time. There is also no need of investing in a physical off site as the data will be stored in a cloud.
- Remote access – you will be able to access data from another location in the event of a disaster when the data has been stored in the cloud.
- Prevention is better than cure – it is better to be safe than sorry rather than wait for a disaster to happen then discover the flaws in your recovery plan.
There are very many small businesses that opt to use cloud backup systems thanks to the low cost or free options that are available as well as lower barriers to entry for leveraging cloud. This has been mostly embraced by the companies that have less than 1,000 employees a report by a Canadian IT blog reported. Other major things that you can learn from the report include:
- Investing in technology and not new employees – nowadays, the small businesses are opting to invest in technology such as new hardware as well as cloud based services instead of hiring more employees.
- Embracing cloud – around 60% of the small businesses that were surveyed were using cloud services in their day in activities. The smaller businesses participated in this more actively than the larger corporations. According to the blog article smaller businesses were most likely to use cloud services as they benefit greatly from the service.
- Virtualization – server virtualization has also become popular with more than 70% of small businesses using it. This is a file server that is hosted in cloud instead of hardware. The figure is set to rise by 10% in 6 months. The larger businesses are however better candidates for this server as with the technology, it becomes challenging to leverage effectively unless the business had over a hundred employees.
Do you have a disaster recovery plan that includes a cloud-backup solutions?