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Global economy and computerized revolution impacts businesses, customer loyalty, financial growth and productivity. Traditional disaster recovery (DR) constitutes a substantial portion of annual expenses for IT managers across organizations. With a cloud based recovery system ‘pay as you go’ model, the financial impact of downtime can be minimized through replication. The recovery system can start up applications once a disaster is identified. Cloud based DR can’t be confined to recovery; it also incorporates ‘business continuity’. Implementation of RaaS with a virtualized cloud platform can be automated easily and is less expensive, as DR cost varies before and after the disaster occurs. The key requirements for RaaS are Recovery Point Objective (RPO), Recovery Time Objective (RTO), performance, consistency and geographic separation. The recovery speed and data protection can be categorized by mechanisms such as hot backup site, warm backup site and cold backup site. This report focuses on the global RaaS market in terms of revenue, growth and business models. Disaster recovery-as-a-service (DRaaS) is targeted towards SMBs and enterprises. The global RaaS and cloud based business continuity is forecasted to grow from $640.8 million in 2013 to $5.77 billion by 2018, at a CAGR of 55.2%.
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Recovery-as-a-Service: (RaaS) Market {Disaster Recovery as a Service (DRaaS); Cloud based DR} and Business Continuity Worldwide Market Forecasts and Analysis (2013 2018)
Summary • Global economy and computerized revolution impacts businesses, customer loyalty, financial growth and productivity. Traditional disaster recovery (DR) constitutes a substantial portion of annual expenses for IT managers across organizations. With a cloud based recovery system ‘pay as you go’ model, the financial impact of downtime can be minimized through replication. The recovery system can start up applications once a disaster is identified. Cloud based DR can’t be confined to recovery; it also incorporates ‘business continuity’. Implementation of RaaS with a virtualized cloud platform can be automated easily and is less expensive, as DR cost varies before and after the disaster occurs. The key requirements for RaaS are Recovery Point Objective (RPO), Recovery Time Objective (RTO), performance, consistency and geographic separation. The recovery speed and data protection can be categorized by mechanisms such as hot backup site, warm backup site and cold backup site.
Report Description This report categorizes the global RaaS and business continuity market By means of segmentation, market size and revenue forecasting. Itanalyze trends in every single market and sub-markets as follows • On the basis of RaaS Types: • On the basis of storage types: • On the basis of RaaS providers: • On the basis of verticals: Check Full Report on http://www.jsbmarketresearch.com/business-services/r-Recovery-as-a-Service-Market-and-Business-Continuity-Worldwide-Market-Forecasts-and-Analysis-2013-2018-69002
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