5 Benefits of Managed Backup Services

Companies are at high risk for cyberthreats and potential data loss due to hardware damage. In 2021, the average cost of a data breach was a high $4.24 million. Managed backup services are a crucial part of a company’s cybersecurity strategy and can help keep your company safe.

By outsourcing this critical function to a reliable provider, businesses can save money, protect their data, and free up resources to focus on their business. In this article, learn the top five benefits that come with using managed backup services.

1. Controlled Cost

On-site data storage can bring unpredictable costs to your company. If you need additional backup storage, then you need new and expensive hardware that requires frequent maintenance checks. With a managed backup service, you pay a flat monthly fee for the amount of data you want backed up, which makes it easy to budget and control your costs.

There is no need to worry about unexpected charges or coverage fees. Plus, experts handle all the regular backup procedures and troubleshoot any issues. And, if you ever want to expand your business and store more data, upgrading plans is easy and cheaper than buying new hardware.

2. Minimizes Downtime

Data loss can be devastating to any business. It can not only result in the loss of important files, but also cause significant downtime as you scramble to retrieve or recreate lost data. In fact, companies can lose $8,851 per minute due to downtime—severely hurting their budget.

With a managed backup service, companies can prevent a data breach or quickly recover data to avoid serious downtime.

3. Offers Proactive Monitoring

Your business doesn’t have the time to monitor your backups and check for cyber threats. To add, cyber fatigue affects 42% of companies, meaning that businesses don’t have the energy to constantly defend against cyberattacks.

On the other hand, your managed backup provider does have the time and energy to proactively monitor your backups and will alert you if there are any issues. MSPs can ensure that your data is always safe and sound, leaving you with the time needed to run and grow your business.

4. Keep Sensitive Data Safe and Secure

A managed backup service stores your data in a secure off-site location like the cloud. This is important because if your systems ever fail or if your data is breached, your sensitive files will stay protected. Plus, keeping your data in a safe off-site location can give you peace of mind in the event of an on-site emergency.

5. Provides 24/7/365 Recovery and Restoration Services

If data loss occurs, you can’t afford to wait around for your data to be restored. With MSPs, you have a professional team equipped with the proper tools to immediately work on recovering your data.

Every 39 seconds there is a cyberattack and 43% of attacks are targeted towards small businesses. With high risks of cyberattacks, it is crucial for companies, especially small businesses, to stay protected by partnering with an IT provider.

Partner with Envision Consulting 

Managed backup services are a foundational security measure for any business. At Envision Consulting, we can help your company reduce costs and keep your data protected with our managed backup services.

Contact us today to learn more about our services!