In prior publications we have discussed how companies are modernizing their data management strategies, and evolving to see data as a form of capital and the catalyst for driving better business decisions. In addition, data management systems have also become the foundation for many business critical applications. In a survey conducted by 451 Research entitled, The State of Application Uptime in Database Environments, they found that respondents reported that nearly half of their applications were critical to customer engagement including eCommerce, B2B services, customer-facing services or customer facing media. These applications directly impacted revenue, but also brand value. Even where enterprises have implemented scale out infrastructure to help modernize many of their IT operations, many firms have yet to elevate other IT systems to directly address the critical symbiotic relationship between their database and applications.
Many firms see the pains of database and application downtime, as well as data loss, through the lens of the operational challenges that follow a disaster, but to provide additional color to these events, IDC estimates that application downtime costs the collective Fortune 1000 an average of $1.25 to $2.5 billion per year. More granularly, IDC estimates the average hourly cost of an infrastructure failure at $100,000/hr, but puts the hourly cost for the failure of a critical application between $500,000 to $1M/hr. Many organizations are increasingly adopting cloud-based IT solutions and migrating on-premises workloads to public clouds. The motivation is clear, as cloud computing allows users to tap into a virtually unlimited pool of computing and storage resources. The good news is that the demand for cloud services associated with backup and recovery is beginning to take flight. Markets & Markets Research projects that the Cloud Storage market size is estimated to grow from USD 23.76 Billion in 2016 to USD 74.94 Billion by 2021, however this does include Primary Storage, Disaster Recovery & Backup Storage.
Oracle Cloud Service provides a robust solution to assist with maintaining the integrity of your database systems. Part of the Oracle Cloud Platform as a Service (PaaS) portfolio, Oracle Database Backup Service is a cloud-based storage solution for Oracle Database backups. This cost effective, scalable, low-cost backup solution can be used to consolidate storage infrastructure or as an integral part of a multi-tier database backup and recovery strategy. Let’s take a look at some of the key use cases for Oracle Database Backup Service -
Oracle Database Backup Service leverages the same infrastructure as other Oracle Cloud services including provisioning, identity management, administration, and monitoring. Seamless integration, convenience, and flexibility have already motivated many Oracle customers to adopt this service. It is a cost-effective alternative to writing, shipping, and storing data in tape vaults. This simple to use service offers several customer benefits –
Oracle’s Database Backup Service serves as the book-end to Oracle’s data management cloud services. Complement your existing backup strategy with Oracle Database Backup Service to help reduce your data center costs, minimize risk, and ensure the continuity of business through constant access to your company’s data capital. Your data is always available and always secure, and you can quickly increase storage capacity when needed. Below you will find several key resources including videos, solution briefs and demos to understand the value of this service.
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