2014 Data Disaster Recovery
These days, personal and business data continue to grow, as a result, data backup and protection has become challenging for many individuals and businesses. Online data backup has become the preferred way of backing up data for many. Online backup companies are getting launched from all corners of the planet.
The increasing importance of online data backup (also known as remote backup) services has created a huge opportunity for online backup service providers. The industry is very competitive and many are entering the industry. Some have become household names within a couple of years after they launched, some are struggling after many years in the business, and some have given up. What differentiates these companies and what are the challenges of this industry?
Why do backup companies fail and was it something preventable from the beginning of launching their business? We wonder if these industries are another bust, just like the dot-com a few years ago.
Maybe it does not make sense to have a backup industry. There are a few backup businesses afloat; can we trust them with our data? The question arises out the worry of those that have already lost their data to companies who failed to stay in business.
A number of online backup service providers have exited the market very suddenly, taking customer data with them. It will be remembered with bitterness that these companies invited people to store their data on their online servers with promises of anywhere, anytime access to data and extensive security protocols.
It is true that many more storage companies will disappear into the blue. Some will continue to grow. A few may consolidate to stay afloat. So, how can we be sure that the existing companies will not go bust and can we trust those that are staying afloat? They may need to take some critical steps as a startup online backup company or the ones already established they should do something to stay in business; the steps might be in the areas of customer care, management, employee skill levels, pricing, funding, investments, growth strategies, sales and marketing, business models, positioning, attitude, and technology.
It may be imperative that we should keep our data saved in our possessions or maybe not rely solely in a remote backup service. We might need to backup our backup; by not only using one method of backup. Outsourcing might not be the safest way of keeping something as important as our personal or business information.
Lets not rely on these companies to stay afloat in this day and age of one of our worst economy down falls and especially knowing that there is a large group of these businesses getting out of the data backup industry.