Frequently Asked Questions
What is the expected CAGR for the Disaster Recovery as a Service market?The Disaster Recovery as a Service (DRaaS) market size is projected to grow at a Compound Annual Growth Rate (CAGR) of 41.8% during the forecast period (2017–2022).
What are the major growth drivers in the DRaaS market?Some of the major factors expected to drive growth in the DRaaS market include rising preference for custom tailored services, advancement of cloud computing into specialized clouds, and growing awareness among enterprises about loss due to IT outages. With an increasing adoption rate of cloud-based solutions among Small and Medium-sized Enterprises (SMEs), the Disaster Recovery as a Service (DRaaS) market is expected to grow rapidly.
How is the DRaaS market segmented?The DRaaS market has been segmented into real-time replication, backup and recovery, data protection, and professional services. Real-time replication can be defined as the duplication of a database from one computer or server to another, enabling end-users to avoid data ambiguity. Backup and recovery enables enterprises to back up and restore their business-critical data for avoiding data loss in the event of man-made or natural disasters. Data protection safeguards an enterprise’s data, keeping in mind the regulatory compliances needed for specific businesses and verticals. Professional services provide enterprises with the technical expertise required for storing and managing applications and data, overcoming complex problems, and managing operational challenges. Organizations are deploying DR services to overcome the loopholes in traditional DR systems. Moreover, low maintenance requirements and cost-effectiveness of DR services are the other benefits driving the growth of the DRaaS market.
What are the benefits of having a Disaster Recovery as a Service over traditional Disaster Recovery solution?DRaaS delivers quicker automated and more dependable recovery operation than traditional DR approaches, it leverages data replication technologies, as well as automated and orchestrated recovery. DRaaS combines infrastructure, platform and software as a service and hence organizations dont bear additional costs to invest in infrastructure. It also minimizes the administrative burden placed on IT and allows businesses to assign team members to handle more productive tasks.
IBM offers an extensive portfolio for Disaster recovery as a service, including cloud resiliency orchestration, data availability-as-a service (DaaS), cloud data virtualization, and virtualized server recovery to deliver end-to-end integrated services using private, public, and/or hybrid cloud. IBM Resiliency DRaaS offers real-time data availability for operational restores, DR and business resumption for physical, virtual systems, and applications with near-zero RPOs and RTOs.Read less Read more
HP’s cloud-based Disaster-Recovery-as-a-Service reduces the burdens on the IT department by: enhancing recovery time by up to 90%; minimizing data loss by up to 95%; saving 15% to 50% in costs via a cloud-based As-a-Service pricing model. It provides businesses with the ability to provision additional storage at the time of recovery to meet short-term needs workload requirements. It also offers an option of a dedicated hypervisor to provide clients with the ability to host dedicated applications requiring real-time replication.Read less Read more
At the core of its DRaaS program is the company’s ability to provide customers with flexible access to more than just one DR technology, while simultaneously providing access to a hybrid delivery model (across public, private, and hybrid clouds). TierPoint offers a robust suite of security services to maintain the availability, integrity, and confidentiality of business-critical data. These services include features such as intrusion detection, log management, monitoring, MFA, Distributed Denial of Service (DDoS) mitigation, VPN services, and data encryption.Read less Read more
Axcient DRaaS helps businesses in reducing the complexity and cost of their VMware business continuity and disaster recovery model. It helps organizations in moving from from a CapEx to an OpEx model and use their resources on managing other productive operations. Axcient's Web Management Interface provides MSPs the ability to handle protection, recovery, and orchestration operations in a single view. Moreover, the company allows businesses to set health status thresholds to send alerts and also provides the highest level of security of any competitor.Read less Read more
Databarracks is a recovery expert that provides reliable, long-term resiliency. The company has experienced resources that perform restores, testing and real invocations consistently. The company provides organizations with a dedicated engineer to help them in securing their critical DR and backup systems. The company also provides business continuity services through a sustainable framework for consistent continuity, ensuring plans remain relevant regularly tested.Read less Read more
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