Aug 6, 2014
Disaster recovery (DR) in the cloud is becoming a popular option for businesses hoping to improve business continuity and minimize downtime.
Recent research by Oxford Economics on behalf of Windstream revealed that DR functions are among the leading processes being prioritized for movement to the cloud.
According to the statistics, 49 per cent of companies' cloud strategies include elements of DR. However, this is expected to grow by 31 per cent over the next two years to 64 per cent.
Small enterprises are much less likely to have DR in the cloud currently (26 per cent) and within two years (41 per cent) than other respondents.
Businesses can utilize the cloud to improve DR functions in a number of ways. One option is to have standby databases securely stored on-demand, with companies benefiting from low-cost variable expenses, optimized server resources and a limited initial capital outlay.
The Oxford Economics research, titled 'The Path to Value in the Cloud', said organizations that fail to adopt cloud computing will be at a "serious competitive disadvantage".
"The cloud plays a growing role in connecting systems, people and objects, enabling the communication and collaboration at the center of the real-time enterprise," the report explained.
"IT and business challenges often revolve around staying current with technology and systems, adapting to a more mobile work environment, adapting and adjusting quickly to changing needs and market trends, and building an infrastructure that is agile and highly flexible."
Companies that are the furthest along the cloud adoption path are already reaping the benefits. Fifty-six per cent of these firms project strong revenue growth, while 30 per cent of other businesses reported the same.
Similarly, 79 per cent of enterprises with advanced cloud strategies reported high profitability growth, compared with 50 per cent of typical respondents.