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SMBs Sloppy Storage Backup Strategy to Put Businesses on Risk – Study

Data backup is eminent for businesses regardless of their size, as many SMBs still opt for free storage and merely cares of their data backup bringing hindrance to their future IT strategy. Latest survey from B2B analyst firm, Clutch asserts that almost 70% of small businesses rely on their cloud storage provider for backups, with only 15% opting for automated services and 12% not bothering at all.

Data backup

More than one-quarter (25 percent) of survey respondents said they began using their cloud storage services in the past year. Experts agree this trend will likely grow and continue.

Instead of an automated backup service, nearly seven in 10 SMBs use a provider such as Google Drive or Dropbox to back up files and data in the cloud reveals survey.

According to the research firm, majority (42%) of businesses polled, who have a maximum of 500 employees, said they spend between $51 and $250 each month on cloud storage, with 26% opting for between $251-$1000 and 9% more than $1000.

“The survey results in this report give clear insight into the considerations SMBs must keep in mind when selecting their cloud storage provider, from benefits to issues to cost,” Panko said.

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Niloy Banerjee

A generic movie-buff, passionate and professional with print journalism, serving editorial verticals on Technical and B2B segments, crude rover and writer on business happenings, spare time playing physical and digital forms of games; a love with philosophy is perennial as trying to archive pebbles from the ocean of literature. Lastly, a connoisseur in making and eating palatable cuisines.

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