Here at the StorageCraft Recovery Zone, we work with great authors in our partner community. This guest post about the backup and disaster recovery business was written by Brent Whitfield, CEO of DCG Technical Solutions in Los Angeles. Thanks to Brent for contributing!
In a previous article, entitled “Is the Data Backup and Disaster Recovery Market Saturated?” we scratched the surface of how lucrative the BDR market is. In this article, we will take a closer look at why that is. We’ll explore what the current status is in the disaster recovery business and what the future holds for MSPs who offer this technology.
Essence of the BDR Business
Part of an MSP’s job is to find a reliable BDR solution for a client. Cloud‐based providers usually offer both instant local and offsite virtualization. That way, when a server goes down it’s easy for the MSP to restore the server quickly. The backup and disaster recovery industry is set to grow as more businesses learn about the best ways to prepare for and counteract the causes downtime.
BDR businesses have developed from the reality that at some point all hardware will fail. Since the consequences are severe, such as lost or compromised data that can result in litigation, it’s in every company’s best interest to invest in some form of data backup. If you’re looking for a BDR solution, look for the following: secure, fast and monitored software. All the while, it needs to continuously back up data in a cloud‐based architecture.
BDR Available Solution
Several BDR platforms are available for enterprises to use with their own architecture. There are several “cloud‐only” backup solutions ‐‐ and these are excellent file backup solutions ‐‐ but when a local hardware failure occurs, clients who go cloud‐only are waiting a long time for entire volumes or servers to stream back to the on‐premises server. And one rule of the disaster recovery business is that a backup is only as good as its ability to recovery quickly.
One of the better platforms out there is the StorageCraft Recovery Solution. What it does is it gives businesses data recovery for their Windows and Linux devices (both physical and virtual) whenever they need it. The StorageCraft Solution allows clients to use a local BDR and cloud backup. That gives them the best of both worlds: file and server restores are local and superfast ‐‐ with local virtualizations of failed server — AND it has the capability of coming up in the cloud when a disaster occurs; the premises are burned, or in case of theft or any other natural or unnatural disaster. That is why we insist on a local BDR for most clients running StorageCraft.
Market Size and Development
The size of the Disaster Recovery as a Service Market (DRaaS) was about $1.42 billion in 2015. MSP’s that offer a BDR solution with Cloud virtualization for fast recovery and can scale these services accordingly are in the best position to maximize this market. Cloud‐providers usually offer flexible, cross‐platform and secure solutions. This has been pivotal to the disaster recovery business growth.
At one time data was backed up on tape or disk, creating the need for expanding office space. The idea of physically moving media from one location to a backup site has shifted toward more efficient methods of moving data across a wide area network (WAN) to a backup site with no need for a delivery person. Bandwidth, hardware and software have all evolved. Today, backup providers can offer continuous backup protection at lower costs than a decade ago.
The Disaster Recovery Business Keeps Getting Bigger
In a report published by Marketsandmarkets.com, the DRaaS market will be worth nearly $12 billion by 2020. One of the trends leading into this projection is that many small and large businesses are not well prepared for disasters. The market has profited from the trend toward the cloud‐based business model. The providers that protect access to data with minimal downtime are the most competitive.
Gartner Group projects DRaaS spending in the United States will grow to $1.2 billion by 2017, which translates into an over 20% growth rate. An even more optimistic projection by TechNavio is that the market will grow by over 50% through 2018. There will be yet more opportunity to thrive in the disaster recovery business.
The BDR industry is very much alive and will mostly likely be around for many years to come. If you want to get involved in the disaster recovery business, follow this link! If you are a business and want to know about BDR services, give us a call today: (213) 261‐3998. We are DCG Technical Solutions, Inc., providing IT Services in Los Angeles, and we can provide you with a state of the art disaster recovery solution.
About the author
Brent Whitfield is CEO of DCG Technical Solutions, Inc.. DCG is a StorageCraft partner and has been providing disaster recovery and IT Support in the Los Angeles area since 1993. DCG helps clients choose, implement, and manage IT and cloud solutions that are cost effective and reliable. It has a proactive approach to IT, ideally suited for companies who depend on reliable IT, but don’t want to spend a lot of money for it. DCG was among the Top 10 Fastest Growing MSPs in North America by MSP mentor. Brent has been featured in Fast Company, CNBC, Network Computing, Reuters, and Yahoo Business.