According to the Technavio’s global disaster recovery-as-a-service (DRaaS) report, the market will grow by $9.35 billion during 2018-2022 at a CAGR of close to 36% during the forecast period.
Disaster Recovery-as-a-Service (DRaaS) improves the visibility and security of networks with a web-based control panel. It also provides continuity of business in case of an outage. Integrated data archiving, sophisticated metering, and ecosystem auditing are also among the features of DRaaS.
Adoption of a DRaaS also reduces the need for secondary data centers. Thus, all these features and benefits are expected to boost the growth of the DRaaS market in the near future.
Cloud giant Amazon’s headquarter is in the US and operates under various segments such as Amazon Web Services, International, and North America. Amazon’s AWS cloud helps in the fast disaster recovery of IT systems.
IBM is also headquartered in the US offers Cognitive Solutions, Global Business Services, Technology Services, and Cloud Platforms, Systems, and Global Financing. IBM also offers IBM Resiliency DRaaS and IBM cloud virtualized server recovery.
Like others, iland is also headquartered in the US and offers business segments such as Hosted Cloud, Backup, and Disaster Recovery. The company’s iland Secure DRaaS solution replicates workloads from virtual and physical infrastructure to the company’s advanced security cloud infrastructure.
Tech giant Microsoft offers products in business segments such as Productivity and Business Processes, Intelligent Cloud, More Personal Computing, Corporate and many others. Microsoft also offers the Azure Site Recovery solution, which minimizes application downtime during IT interruptions.
Sungard Availability Services
Sungard Availability Services’ headquarter is also located in the US. The company’s products are in the Cloud and Hosting Services, Disaster Recovery, Business Continuity, Data, and Disaster Recovery Centers, and Managed Application Cloud segments.
Source: Official website of Technavio