Disaster recovery as a service market report
Disaster recovery as a service (DRaaS) provides organizations with a variety of cost-efficient ways to recover and replicate critical servers and data center/centre infrastructure to the cloud environment in case of any disaster resulting in disruption of services.
DRaaS offers business continuity across a range of organizations and their applications, by ensuring availability of IT infrastructure in an event of disaster.
A new report from Transparency Market Research looks at the DRaaS market, providing industry analysis, global trends and forecasts for 2014 – 2020.
The market for disaster recovery as a service can be segmented based on storage capacity, types of recovery services, providers, organization size and end-use verticals. The different storage solutions and services can be segmented based on size into 1 TB and below, 1 TB - 10 TB, 10 TB and above. By type of disaster recovery services, the market includes services designed on following models - cloud to cloud disaster recovery model, self-recovery model and hardware to cloud disaster recovery model. The service providers can be segmented into cloud service providers, disaster recovery service providers, telecom/communications service providers (T/CSPs), and technology partners and suppliers.
Some of the major forces driving the disaster recovery services market are factors such as low cost, virtualization, high level of automation, easy deployment, recovery, location independence, secure storage and backup, 24x7 support, management and control, along with high utility based dynamism. DRaaS is expected to replace IT infrastructure burdens with cost effective and reliable solutions.
Cloud-based DR is poised to shake up the heritage approaches and offer infrastructure and operations professionals new options. DRaaS, DR on demand or DR as a cloud service models are becoming widely used solutions among enterprises. The main reason for this is its pay-as-you-go pricing model that can lower operating costs drastically. Implementation of DRaaS with a virtualized cloud platform can be automated easily while minimizing the recovery time after a failure. The main challenge for the cloud service customers would be the choice of service provider along with the process of consulting, negotiating and implementing suitable service level agreements.
The global market for DRaaS has been witnessing a rising demand from small and medium enterprises (SME) in implementing hybrid cloud disaster recovery services. However, customers are concerned about security and privacy. An increasingly accepted solution is to lay both primary production and disaster recovery instances onto the cloud and let a managed service provider handle both of them. By doing this, businesses can eliminate the need for an on-premise infrastructure and also benefit from the low usage-based costs from the implementation of cloud computing.
Some of the key vendors in the market for disaster recovery as a service include Amazon Web Services, Accenture, IBM, EVault, SunGard Data Systems, Terremark Worldwide, Allsteam, CommVault Systems, CenturyLink, Hewlett-Packard, Microsoft, and Rackspace.
•Date: 18th November 2014 • World •Type: Article • Topic: BC markets & companies