GlobalDRaaS market is projected to witness a healthy growth. The demand for DRaaSsolutions expected to be driven by soaring adoption of virtualisation.
DRaaS or disaster recovery as a service implies hosting and replication of virtual or physical servers by third party for providing failover in events of natural or man-made catastrophes. The expectations and requirements of DRaaS get documented in the service-level agreements (SLA), while third-party vendors provide failovers to cloud-computing environments, either based on pay-per-use or through contracts. In case of actual disasters, the immediate and direct effects would affect the off-site vendors less as compared to enterprises, which enables the providers in implementing disaster recovery plans, may it be worst case scenarios such as near-total or total shutdown of enterprises that are affected.
The emergence of digital information has been, for any business, the most valuable asset over the past few years. Any damage to data might result into extreme financial and business losses which has led to the imperative practice of protecting data from wide range of disasters. Enterprises from many industries are focusing on significant investments on various solutions for ensuring their data to be accurate, not corrupted, and correct. Development of personal strategy for disaster recovery is likely to be time-consuming, complex and expensive, which has resulted into higher demand for solutions of disaster recovery as a service. In addition, for meeting the expectations and demands, active protection & assurance technologies comprising automated data healing capabilities for preventing cyber-attacks are being introduced by vendors.
The growth of the global disaster recovery as a service market is primarily attributed to factors such as soaring adoption of virtualisation and industrial automation, according to a report by Future Market Insights (FMI). Moreover, the flexibility and cost-effectiveness offered by DRaaS solutions, coupled with surging trends of managed services among enterprises are likely to further accelerate the demand for DRaaS in the near future. In contrast, lack of security and compliance, as well as requirements of high network bandwidth are foreseen to impede the growth of the global disaster recovery as a service market in the upcoming years.
Cloud-based recovery and backup have become common for businesses these days. Recovery and backup are disaster recovery’s crucial components. However they cannot alone assure uninterrupted and continuous processing of an application. Several enterprises have constructed their disaster recovery plans across remote sites as they own multiple data centres already, or they possess budget for the secondary hot sites. Primary benefit of cloud-based disaster recovery as a service is its capability to failover applications immediately, reconnecting users through Remote Desktop Protocol (RDP), or VPN.
Understanding failover services is as much imperative as reconnection. It is one thing to restart applications in the cloud, and quite another to reconnect application users securely to the cloud with top-notch performance. It is important that the users learn about methods of providers to reconnect users which include port monitoring, intrusion protection, firewalls, WAN speeds & security details, and networking details. In addition, the users must know the benefits of restore and failback services, and be clear in their SLA during application restore orchestration.
The biggest disadvantage of disaster recovery as a service is that businesses should trust their service providers for implementing the plan in event of disaster and meeting defined recovery point objectives and recovery time. In addition, possible performance issues associated with cloud-based applications, and potential migration issues associated with returning applications to on-premises data centre of customers.
The information presented here is sourced from Future Market Insights latest report. A sample of this report is available upon request.
Author: Abhishek Budholiya is a tech blogger, digital marketing pro, and has contributed to numerous tech magazines. Currently, as a technology and digital branding consultant, he offers his analysis on the tech market research landscape. His forte is analysing the commercial viability of a new breakthrough, a trait you can see in his writing. When he is not ruminating about the tech world, he can be found playing table tennis or hanging out with his friends