Published in IBM Systems Magazine June 2014
Backup as a service can be a cost-effective part of your company’s budget
Determining budgetary priorities is a balancing act. Often, business executives keep a tight rein on budgets, sometimes making the IT department’s priority of protecting data difficult. However, if business-critical data is lost and a company folds, keeping the lights on or employee benefits coming won’t really matter.
Before you think BaaS is a luxury and perhaps an unnecessary one at that, consider nationwide studies have indicated that firms have a 1 to 2 percent chance annually of experiencing a complete disaster, but upwards of a 70 percent chance annually of experiencing data loss. In my opinion, only two kinds of companies exist—companies that have lost data and companies that will lose data. Losing data has significant consequences for your business and your clients—not just from a financial perspective in lost time and recovery costs, but also damaged reputation and the long-term consequences of permanent loss of critical data.
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