We understand that disaster recovery isn’t the most engaging topic for small business owners. If anything, you’re probably looking for a cheat sheet rather than an in-depth e-book. That’s just fine, as long as you understand the basics.
The one thing that every small business owner should know is that the cloud is the best solution for disaster recovery. Of course, there are many other important factors, but in terms of finances and expenses, nothing is more important than the cloud.
Businesses that try their own in-house solution will quickly learn that the costs of disaster recovery planning only go up. If you still have the choice, don’t opt for purchasing hardware and storing it in your on-premise in your office. Pretty soon you won’t be able to keep up with the expenses.
Instead, businesses should look for cloud computing providers that offer services at a reasonable cost. A Quocirca white paper explains why this is the best investment for business:
“Attempting to put in place a strategy around business continuity and disaster recovery in-house is no longer the best way forward for many organisations. Simple access to cloud-based providers who can provide the elasticity of platform along with the economies of scale of sharing enterprise levels of disaster recovery, business continuity information availability and archiving means that using such external systems can be far more applicable to the business and deployed without breaking the bank.”
Remember learning about economies of scale? It’s the reason why cloud providers are able to offer their services at such a low cost. Essentially, the more they sell, the more their total average cost drops.
The true winner of this is small businesses that need a source of data backup but want to keep their expenses low. With cloud computing, businesses don’t need to invest in hardware. They just sign up for a monthly plan and adjust it according to their backup needs.