Studies show that an hour of downtime can potentially cost a small business up to $8,000. As such, you need to be prepared should disasters strike. It’s probably why cloud backup has become the next big thing in data storage. Besides, whether by accidental deletion, software corruption or system crash, business data can get lost quickly, and cost you dearly. Again, this can happen to anyone, even to the most cautious of professionals. It’s why you need to understand every concept of cloud back up first before you invest in it. That said, below are the pros and cons of data back-up.
Backing up your valuable data in the cloud makes it easily accessible from anywhere, provided there’s an Internet connection. Again, there’s no limitation as to which device can access it. Whether it is from your desktop, laptop or even a mobile device, you will be able to reach it. You can also set different levels of access to safe keep the data and lower inconveniences. This will allow you to move beyond time zones and geographic location issues.
Speed is crucial for data access and recovery. But with the right cloud backup provider, tests have shown that the speed can rival onsite sources. You should, therefore, go for a service provider who has multiple servers for backing up data.
- Cost savings
Depending on the size of your organization, you may incur little to no costs for cloud backup services. Either way, this will significantly reduce your annual operating costs as cloud backup doesn’t depend on internal power to store information remotely.
Unlike other backup solutions, cloud backup offers you the opportunity to pay for only what you require. And should your business grow or shrink, you will be able to adjust it accordingly? All you will have to do is determine how much you need to expand or reduce the package.
- Storage immortality
Unlike other backup solutions that require hardware components and that may become obsolete, the cloud doesn’t. You can, therefore, bypass the risk of purchasing these components and instead only pay for the capacity and performance you require. Your provider will also be able to upgrade with technology advancements.
When you back up your data in the cloud, you will no longer need frequent maintenance for your backup infrastructure. This, therefore, makes things more manageable, and you can focus on the most important aspects of your business.
- Disaster recovery
Every business requires an emergency backup solution. Cloud storage can, therefore, be used to create a second copy of your important files for easy retrieval should the primary storage fail.
- Security and Privacy Concerns
Concerns have been raised about backing up valuable and important data remotely. Before adopting the cloud technology, therefore, choose a reliable service provider that can secure your confidential information.
- Lifetime costs
If your applications are local and your data is in the cloud, it can potentially add to the networking costs. Also depending on the nature of the data you handle, it might become impossible to use the public cloud. This might, therefore, tend to be expensive in the end.
- Vulnerability to Attacks
With your business data stored in the cloud, there’s always a possibility of an external hack attack. This means, your data won’t be entirely secure.
Finally, cloud backup can arguably be considered a necessity for any business, but more so to the firms handling vast amounts of data. Cloud back-up can also be used as a competitive advantage. Where possible, however, businesses should go for cloud storage providers who can offer resource isolation to avoid co-mingling with other firms’ data.