Small and midsized businesses (SMBs) often want to run the same technologies in their IT environment that enterprises already use. Whether it is cloud technologies, data protection, disaster recovery, high availability, networking, security, or storage, SMBs want them. They also want the right people with the right skills to manage this IT infrastructure. Historically, SMBs could not afford these technologies. Further, even if they do acquire them, they may still lack the in-house expertise to effectively manage them. Delivering on these competing but complementary SMB requirements for IT technologies and skills requires a company focused on them. Based upon what I saw at the recent Kaseya Connect Global conference, Kaseya stands poised to do so.
There eventually comes a point when enterprises say, “Enough! We need better options to manage all the features and technologies we have already acquired.” More technology providers have heard and responded to this cry for help. While providers still strive to introduce innovative features and technologies, many now seek to sustain this innovation through cloud consoles.
Anyone who thinks all Microsoft 365 software-as-service (SaaS) backup products offer all the same features need to think again. Each one protects different components of Microsoft 365 (M365) and there are no two products that protect M365 in the same way. If anything, organizations can only make a few safe assumptions when choosing any of the available M365 SaaS backup solutions.
The rapid adoption of Microsoft 365 by both individuals and organizations may create a blind spot for them. They still have responsibility for the data they store in Microsoft 365 and protecting it. This has resulted in the corresponding growth of the number of Microsoft 365 backup SaaS offerings and the features available in them.
Enterprises want and need to move ahead with SaaS-based backup offerings to simplify their backup environment. However, enterprises loathe risk. This means they will make even an established enterprise SaaS-based backup provider prove itself before implementing its offering. Thanks to its latest $53 million dollar investment, HYCU may more expeditiously address their concerns so enterprises may implement SaaS backup sooner rather than later.
Many start-ups receiving a series A funding round ideally hope to convert their existing business into a well-oiled machine. On rarer occasions, Series A funding equips an already well-run company to realize its full potential. This latter scenario more aptly describes HYCU.
Two companies merging in the technology sector occurs with some regularity. However, a merger that makes sense for both providers with everyone coming out a winner occurs less frequently. Today’s announced merger between StorageCraft Technology Corporation and Arcserve illustrates this rarer occurrence. Each company’s technologies address different organizational needs that, once merged, will create a new benchmark for data protection.
More organizations than ever look to general purpose or public cloud providers to host their applications and data. As they do, they often identify and understand the type of cloud service or service they plan to procure. They also need to go one step further. They must also identify how to best back up and recover the applications and data they host in the cloud lest they fall into one of four common cloud backup traps.
Rarely do I take the opportunity to reflect on a technology provider’s earning call. In fact, I do not think I have ever done so. Rather, I focus my energy and thoughts on evaluating the technology a company provides and its merit and value. Today I deviate somewhat from my traditional stance. Some of the highlights from Microsoft’s FY2021 Q2 earnings provide organizations insights on next steps they should take in the cloud.
Every company periodically reviews the backup solution it uses to protect and recover its data. However, as companies review which backup solution they want, it also behooves them to consider new, modern ways in which to procure and deploy it.