Why More SMBs Are Moving to Cloud Backup
Data is the lifeblood of a business, with critical details about customers, financials, internal operations and much more. However, research shows that over half of small businesses, 58 percent, are not prepared for data loss. What’s more, if this type of event does occur, 60 percent will close their doors within six months, so this could be a major risk to your business.
Understanding the risks, many businesses have already started to investigate a new plan: cloud-based backup. But what are the benefits of this type of solution, and is it right for your business?
Here are five reasons why more SMBs are turning to the cloud to safeguard their data:
Cloud backup provides a cost-effective solution. A cloud-based backup solution is generally more cost-effective than is a traditional on-premises option such as tape or disk storage. And since it operates in the cloud, instead of an upfront capital expenditure, SMBs usually pay a small monthly fee, which provides less upfront cost.
Cloud backup permits faster implementation of the technology. In previous years, rolling out a new backup system was costly because not only did you pay high upfront fees, but also installation and training were time-consuming and monopolized valuable resources. Cloud backup solutions, however, can be implemented and functional in a matter of hours instead of days.
Backing-up in the cloud is a flexible and scalable solution. With a cloud-based solution, if a major event occurs, your data is safe and securely stored off-site, so you don’t have to worry about data loss. Also, as your business grows, so too will your data. A cloud-based solution provides the flexibility of scaling up or down as business needs change.
Backing-up in the cloud has fewer requirements for ongoing maintenance. Traditional storage solutions typically require large amounts of setup and energy to operate on a daily basis. Cloud backups offer a complete solution that typically requires less input from IT while providing the required ongoing functionality. In fact, many daily functions can be automated, freeing up your team’s time to work on other projects.
Cloud-based backup offers greater security. Data loss is a large concern for SMBs, but many don’t have the required resources to invest in the right level of protection. In contrast, cloud-based solutions have invested in keeping up with security advancements to mitigate your potential risk.
Having a backup plan is essential for all businesses, but especially SMBs that face greater difficulties recovering from these events if they are hit. If you need assistance with selecting a cloud-based solution, we can help. Simply contact us online, or call 212-642-0980 today.