Studies have shown that the cost of business data loss and downtime can be catastrophic for any business, large or small. Hence, backing up critical data to the cloud and to local backup hardware has become a major focus of most businesses which are seriously planning and implementing their business continuity strategies.
Backing up to the cloud and to local backup hardware is a strategy that allows businesses to have a solid business continuity strategy and allows for the fastest possible recovery from catastrophic disasters or outages.
Is Your Business Protected From Potential Data Loss Incidents?
Research has shown that businesses that suffer major disasters leading to significant loss of data have a tough time recovering. In fact, research from the University of Texas found that 94% of companies that suffered a catastrophic data loss do not survive at all, with 43% never reopening for business.
A study by Price Waterhouse found that 70% of business with fewer than 100 employees are forced to shut down within a year of suffering from a major data loss. Read also: Carbonite Business plans comparison of features
In fact, research from the University of Texas found that 94% of companies that suffered a catastrophic data loss do not survive at all, with 43% never reopening for business.
It only goes to show that businesses should prioritize the safeguard of their business data and application in their servers as part of their business continuity and recovery strategy. Simply put, the more current your backup is, the less you stand to lose in the event a disaster strikes. Additionally, this allows also for a faster recovery for your business operations. Read also: Instant discount on server plan with this Carbonite offer code
On-Premise Vs. Cloud-based Backup Solutions
These days, small- and medium-sized businesses (SMBs) can have on-premise backups as well as cloud-based backups. Each of these solutions have its share of benefits and limitations. Local backup solutions provides your business the ability for faster backup and data recovery.
However, since your backup is located on-site, this does not allow for protection against crimes, fire, flooding, or natural disasters that may strike your place of business. Cloud-based backup solutions, on the other hand, provide great protection against any physical threats. However, recovery time from disaster may take longer than on-premise backup.
Hybrid Server Backup: Combining The Best Of Both Worlds
A hybrid server backup solution combines the best features of both an on-premise backup solution with that of a cloud-based backup solution. With hybrid server backup, you can have a comprehensive backup of critical server data on both your local backup hardware and your cloud backup. This solution provides the best protection for all your servers, critical business data, and most importantly, your business. Read also: Details on Pro backup plans from Carbonite
With hybrid server backup, you can have a comprehensive backup of critical server data on both your local backup hardware and your cloud backup.
Carbonite, which currently provides cloud-based backup solutions to 75,000 business worldwide, now offers hybrid server backup solutions. According to Carbonite, having a hybrid server backup solution allows for faster recovery from most types of outages. The reason is that businesses can recover much faster from local backup than from cloud backup due to internet connection speed.
Having a hybrid server backup also allows for faster backups to reduce the risks of incomplete backups as well as minimal downtime or business interruption. A hybrid server backup allows for outstanding redundancy, which is what your business continuity strategy should strive for to reduce every possible risk that may affect the survival of your business operations.
Does your business use on-premise backup, cloud-based backup, or a combination of both?