For any business, a disaster is a troublesome period, but especially so for SMBs. Smaller companies are not able to extend their resources as much as large enterprises, causing them to skimp on various tools, such as data backup software. However, this could prove problematic when a disaster does strike.
According to Midsize Insider, professionals at medium-sized businesses are the most likely to see challenges following a disaster. While smaller businesses can easily invest in a public cloud storage solution to help keep their data secure, those in between may find cost to be a major barrier for disaster recovery. At a midsized company, IT teams are asked to do more with less, and when a budget needs to be cut, solutions with little to no return on investment (ROI) are the first on the chopping block. For a business that has never suffered data loss, backup and recovery software fits that bill.
If a business cuts its business continuity strategy and related software though, it will eventually suffer the consequences, as disasters are not a matter of if but when. Therefore, it is up to the IT decision-makers to explain the ROI of data recovery and find a plan that is not only effective, but cost-efficient as well. An enterprise-level solution may provide the necessary tools, but it could be too costly for a midsize company.
For a medium-sized business, a professional cloud solution may provide the best balance of financial and data security with flexible storage plans and payment options. Additionally, a hybrid solution can offer even more stability for business distrustful of the cloud, with similar flexibility. Ultimately, the question is never “Should the business back up its data?” but “What is the most effective way to back up data?”