A recent report from MarketsandMarkets estimates that the global market for Disaster Recovery-as-a-Service (DRaaS), the cloud-based disaster recovery model in which a third party provides failover, will grow 55 percent annually through 2018. More and more organizations are recognizing the importance of seamless business continuity and the severe impact of downtime while looking to minimize IT infrastructure costs.
One major reason for the emergence of DRaaS is the cost and complexity of building your own disaster recovery site. While this approach allows you to maintain complete control of all IT infrastructure and data housed at the secondary site, there are significant capital and operational costs. Your organization will have to purchase or rent the property, build the site and implement the system. After implementation, there are ongoing costs for powering, maintaining and securing the site. Storage costs are likely to skyrocket as corporate data is constantly backed up. Because there needs to be a good distance between the disaster recovery site and the primary data center, staffing can be difficult.