CERN-In may give Wings to Data Protection as a Service
After Backup and disaster recovery operating as a service, now it is the turn of data protection to take centerstage, and more so among Indian SMBs
Over the past few days, we’ve been talking at length about the federal government’s proposals around data security and compliance and how its fruition may still take a while. However, cloud-based IT services could be the solution, given that SMBs already utilize backup and disaster recovery solutions over the cloud.
From BaaS and DRaaS, it’s just a small step for cloud services providers to move into DPaaS or data protection as a service. A recent study by US-based IT services provider Veeam Software claims that while customers embrace BaaS and DRaaS, when it comes to DPaaS, the micro and small businesses may still need an in-house team to manage the external vendors.
A vast majority of customers presume that the IT professional of the customer would be responsible for ad hoc and ongoing configuration, but they prefer to absolve from the burden of daily management for backup server services directly. While larger SMBs are okay with having IT Operations in their control, there is demand for white glove turnkey experiences.
What is Data Protection as a Service
According to a study conducted by Persistence Market Research, the market for DPaaS would grow from $28 billion in 2022 to $361 billion in 2032 – a compounded annual growth rate of 29.2% over the next ten years.
After deployment, data protection as a service effortlessly offers different virtual machines capacities for each and every server.In recent years, there has been a radical shift in the overall evolution of product-based solutions. These offerings have disrupted the IT infrastructure sector. The companies operating in the sector are growingly adopting service models to deliver business outcomes to their consumers as well as vendors.
Moreover, the growing stringency in regulations and standards, such as the GDPR policy and Data Protection Act, continues to put more obligations on enterprises to comply. As a result, it builds more pressure on the enterprises to carry out regular checks and focus on their compliance framework to evidence their accountability. Besides, the advent of cloud computing and software-defined data centers with virtualized infrastructure components are expected to further fuel growth prospects.
Needs more time to mature
The DPaaS is a multi-tenant model that helps management of a wide range of services via a single portal. While there is interest in BaaS and DRaaS today, it’s not as simple today as it can be in the future. Veeam sees early adoption for the broader market, but given the diversity in the offerings and its understanding, it appears that the DPaaS market is still in its early days.
The research report says the buyer journey would typically start with an assumption that cloud services are economically advantageous over self-managed ones with the next assumption being that cloud is secure enough. Beyond this point, the typical IT buying patterns persist and are based on ease of management, capabilities and operating costs.
However, the fact remains that this market still needs to be defined and refined, given that the segment is far from being commoditized as in case of BaaS and DRaaS.