Cloud Backup; Used To Backed Up and Stored Data and Applications on a Remote Server
Cloud Backup, also known as online backup or remote backup, is a strategy for sending a copy of a physical or virtual file or database to a secondary, off-site location for the preservation in case of equipment failure or catastrophe. It is an alternative to conventional backup.
Online backup offers several facilities such as creating, editing, managing, and restoring the online backup. The purpose of the backup is to create a copy of data that can be recovered when required. Businesses opt to keep files and data readily available in the event of a system failure, outage, or natural disaster.
Cloud Backup is an excellent way for businesses to maintain a copy of their data on a remote server. This allows the organization to quickly restore files in case they are lost. It also eliminates the need for costly physical backup equipment. Virtual backup service is a program that provides computer users with an automated system for the storage, backup, and retrieval of their data. Amazon Web Services (US) AWS Backup let user centrally manage and automate backups across AWS services. It is a cost-effective, fully managed, policy-based service that simplifies data protection at scale.
The estimated value of the worldwide Cloud Backup Market is US$ 1287 million in 2017 and US$ 6367 million in 2025. The market is anticipated to see a CAGR of 22.1% during the anticipated time frame (2017 – 2025).
However, it is important to keep a few things in mind while choosing a backup service. It can back up small/large volumes of data and allow the users to add and remove files from the cloud. Cloud Backup can also be used to create, edit, manage, and restore data. It offers several advantages over traditional methods, such as data availability at remote locations, user-friendly technology, real-time data accessibility, low cost of implementation, and more.
It widely finds its application in telecommunication, healthcare, and many other sectors. Using online backup is less expensive than maintaining on-premises backup system. Organizations does not need to purchase or maintain hardware and software, nor worry about getting approvals for capital purchases. It is uniquely suited to address server data protection.

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