IT Trends & Technology Blog | FNTS

Time is Money: How to Leverage DRaaS to Avoid Costly Outages

Written by FNTS Blog | March 16, 2020

In today’s 24/7 business environment, having a disaster recovery plan is essential to guarantee critical data, software and applications are replicated and available in the cloud in the event of a planned or unplanned IT outage. Costly outages happen more often than one may think; one in three companies has declared a disaster in the past five years, according to research from Forrester.

Disasters come in many forms, including natural disasters, cyberattacks, man-made disasters and human error. No matter the situation, once it occurs, the clock is ticking, and recovery time can affect the bottom line.

Gartner estimates the average cost of downtime caused by an IT failure is $5,600 per minute or $300,000 per hour. This does not account for lost customers, delayed services or damage to company brand and reputation.

Disaster Recovery as a Service (DRaaS) assists organizations to put safeguards in place to ensure uninterrupted service during crucial times of disruption.

Consider Partnership with a Managed Service Provider to Offer Crucial, Timely Support

When disaster strikes and seconds matter, a managed service provider (MSP) like FNTS can be the best life support option to handle the back-end complexities of intricate network infrastructures in the cloud. Partnership with an MSP to deliver DRaaS also can eliminate administrative and hardware costs associated with businesses housing disaster recovery options.

Organizations including healthcare providers and financial institutes are turning to MSP’s universal Disaster Recovery as a Service (DRaaS) solutions in public, private and hybrid cloud environments for rapid data recovery and downtime prevention.

With global data expected to grow to 175 zettabytes by 2025 and 49% of the world’s data residing in public cloud environments, according to International Data Corporation (IDC), this solution assists organizations in staying ahead of mounting data compliance regulations and maintaining customer satisfaction.

DRaaS restores operations within minutes or hours, offering fully functional copies of applications, software and data.

Assess Current Costs and Requirements

Whether re-assessing a current DRaaS plan or starting anew, beginning with an assessment of available infrastructure and current costs can help formulate a direction of progression.

For example, FNTS offers a complimentary technical Business Impact Assessment, up to $7,500 in value, to help identify business processes and underlying, critical IT systems. A technical assessment reviews current disaster recovery infrastructure to determine the long-term cost savings that can be realized through working with an MSP.

Some organizations find that costly disaster recovery equipment and infrastructure will often reach retirement age before use.

The FNTS DRaaS Difference

FNTS delivers a full suite of IT solutions in partnership with organizations including Microsoft, VMware, IBM and Dell EMC. FNTS’ high-performing DRaaS cloud service is tailored to fit unique business needs, from a self-serve model to a full-service continuum with the following benefits:

  • Built-in security services to stay ahead of cyber threats, updates and data compliance regulations.
  • Reduction in cost and complexity of recovery capabilities.
  • Advanced customization and scalability, including reaching desired Recovery Time Objectives (RTOs) for downtime and Recovery Point Objectives (RPOs) for the back-up of important applications and data.
  • Uninterrupted application access.
  • Unlimited data storage priced for the actual amount of storage used.
  • Support for multiple operating systems and environments, including Windows, Linux, AIX, iSeries and Mainframe.
  • Potential insurance premium reductions.

Testing, Refreshing and Ongoing DRaaS Support

Once backup and redundancy plans are in place, regular review and testing ensure infrastructure and processes are still in line with digital demands. FNTS offers its DRaaS cloud solutions with disaster recovery testing at a 100% success rate to ensure full data restoration and replication services for fail-over in the event of natural or human-made disasters.

FNTS stays on top of software, infrastructure, security and compliance updates so that DRaaS is ready, and a seamless transition occurs when it is implemented.

Ultimately, being offline for any period equates to more than a loss to an immediate revenue stream. When customers are impacted, it creates the possibility of insurmountable damage.

DRaaS is a crucial safeguard and an important investment to ensure mission-critical applications are secure and uninterrupted when disaster strikes.