Every business owner is forced to make the decision as to whether or not to host their server on or off site. The decision is an important one, and careful consideration of your unique needs should be taken before making such a decision. There are many hosting options available, so deciding how to best proceed can be overwhelming.
Take a look at the advantages and disadvantages of both on-site and off-site hosting, as understanding the benefits may help you to make a decision.
There are many advantages to moving your company’s information to an off-site data center, including the following:
The only real drawback for business owners when considering moving to a data center solution is the fear of the unknown. Apprehension about taking the next step with your important information can be standing in the way of benefiting from what Off-Site storage solutions have to offer. It has been said that a business is only as powerful as the knowledge and information they possess, so trusting your data to be hosted off-site is a big decision.
In the past, business owners have appreciated the complete level of control that keeping information on-site provided. Security management was also easy to address, with everything kept close at hand. The truth is, however, that there are many drawbacks to on-site solution, including the following:
Running your own data center is a considerable undertaking, and very draining on time and resources. Taking advantage of many benefits off-site data management offers can provide peace of mind, knowing your information is being expertly handled, as well as free up the time and money spent on in-house solutions to improve the business in other ways.
More than 33 billion records will be stolen by cybercriminals by 2023, an increase of 175% from 2018.
The internal team was energized. With the Level 1 work off its plate, the team turned its attention to the work that fueled company growth and gave them job satisfaction.
The three sectors with the biggest spending on cybersecurity are banking, manufacturing, and the central/federal government, accounting for 30% of overall spending (IDC).
The average cost of a data breach in the United States is $8.64 million, which is the highest in the world, while the most expensive sector for data breach costs is the healthcare industry, with an average of $7.13 million (IBM).
40% of businesses will incorporate the anywhere operations model to accommodate the physical and digital experiences of both customers and employees (Techvera).
The cost of cybercrime is predicted to hit $10.5 trillion by 2025, according to the latest version of the Cisco/Cybersecurity Ventures “2022 Cybersecurity Almanac.”.
It takes an average of 287 days for security teams to identify and contain a data breach, according to the “Cost of a Data Breach 2021” report released by IBM and Ponemon Institute.
Forty-three percent of attacks are aimed at SMBs, but only 14% are prepared to defend themselves (Accenture).
We did a proof of concept that met every requirement that our customer might have. In fact, we saw a substantial improvement.
We did everything that we needed to do, financially speaking. We got our invoices out to customers, we deposited checks, all the things we needed to do to keep our business running, and our customers had no idea about the tragedy. It didn’t impact them at all.
“We believe our success is due to the strength of our team, the breadth of our services, our flexibility in responding to clients, and our focus on strategic support.”