The title of this post may be a bit misleading, as we believe it’s equally important to ask yourself what the cost of NOT having a DRaaS solution in place would be? The answer to this question depends on several factors such as how low is your recovery time objective (RTO), what recovery point objective (RPO) does your business need, and how much storage space do you require?
So what exactly is the cost of not having a DRaaS solution in place and what options are available?
When you don’t have a DRaaS solution in place, the most obvious risk is the potential for lost revenue. A 2016 study by the Ponemon Institute found unplanned outages cost businesses an average of $8,851 per minute. The impact and cost of application outages has seen a steady increase with the growth of digital business and will certainly continue. Each business is different, but you can imagine what this downtime will look like for you; lost ability to run transactions, lost customers, lost revenue.
Without a DRaaS solution in place, another risk you take is the lost productivity that can result from downtime. Communication between employees is nearly impossible, all the while your clients are wondering what’s going on and looking elsewhere.
We touched on it earlier, but loss of reputation is another hit that you risk taking without a ready DRaaS solution. Customers trust you, but how long will that last and what will it cost if significant downtime occurs?
One doesn’t need to look too far for instances of outages that cost companies all of these things, take for example the 2016 Delta Airlines outage.
At Virtual Systems, we take pride in getting the right DRaaS solution in place for your needs. We believe in having pricing that is clear and easy to plan for. Our Virtual Private Servers are available for an easy-to-understand fixed monthly price based on your required computing resources. There’s a one-time setup fee, usually equal to one month subscription fee. And that’s it. We also offer a 30-day trial to new users!
Throughout this 3 part series we have covered some of the bigger questions that companies face when deciding whether to integrate into the cloud or not. We have previously written about cloud security & compliance standards, why your business needs a Disaster Recovery as a Servce provider, and generally how to take advantage of Disaster Recovery as a Service (DRaaS).
Here at Virtual Systems, our virtual private server technology provides a secure, compliant infrastructure that’s easy to scale in a matter of minutes. We are HIPAA, PCI, and SOC2 compliant. Our virtual private servers are deployed using VMWare vCloud Suite, the industry leader in server virtualization technology. We are a VMWare Certified partner and our VMWare Certified Professionals are specially trained to install, deploy, scale and manage VMware vSphere environments. We also offer offsite backup and VDI services that aid in any disaster recovery plan (DRP).