Disasters are the consequences of events triggered either by machines or natural hazards on which humans have limited control. Years ago, natural disasters impacted on the society and businesses, these further the dent to overall economy of any region.
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The advancing technology has proved to avoid damage to an extent, events such as tsunami, floods, hurricanes, and earthquakes are some of the natural disasters which human kind have been tackling all these years. Disaster are not confined to natural activities alone, human or machine errors can also set the business to experience worst of the situations.
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Though natural disasters are inevitable, technologies such as monitoring systems, alert systems and others can keep the society much updated with disasters that are possible to happen. Apart from alerts only there are systems which help enterprises to automatically recover or backup the important data which avoids minimal damage to the business.
While natural disasters account some share of the risk, other disasters such as hardware failure, human error, software failure holds the major share of any business breakdown.
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Modern hardware equipment are resistant to failures, most devices fall far short of a perfect track record. No one is immune to hard disk or internet connection failures.
While it can be expensive for any company to eliminate single point of failure in overall infrastructure, companies adhering to disaster recovery which will avoid from business being impacted at a larger scale.
DRaaS market is broadly segmented by solution, services, organization size, end-users and geography. The solution segmented further consist of disaster planning and testing, real-time replication, backup solutions, and data security and compliance.
While some of the key services of DRaaS include consulting and system integration, support and maintenance, managed service. The market is also segmented by organization size such as small and medium business and large enterprises.
The key players in the market include Honeywell International Inc., Lockheed Martin Corporation, Motorola Solutions, Rockwell Collins, and Siemens AG. Iridium Communication and Telecommunication Systems are among the other players.
Disaster Recovery as a Service Market Players:
Amazon Web Services, Inc.
NTT Communication Corporation
Rackspace Hosting, Inc.
Sungard Availability Services
Iland Internet Solution Corporation
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