Disaster recovery as a service (DRaaS) is a vital service for enterprises, especially because of the increase in cyber threats (particularly ransomware), as they seek simple-to-deploy services that allow them to easily recover data without paying ransom to cyber criminals.
• Merger and acquisition activity has increased in the last three years as companies in adjacent spaces seek to provide a more comprehensive suite of security and data management/protection services to customers and therefore acquire DRaaS companies or technologies rather than reinvent the wheel.
• This analysis covers about providers who offer a stand-alone DRaaS service rather than technology platform providers that only offer a platform but do not offer a replication environment. The broader DRaaS ecosystem includes smaller MSPs that do not or cannot provide widespread protection across a variety of infrastructures, including on-premises servers and public, private, and bare-metal cloud.
• Providers were chosen for this Frost RadarTM based on their breadth of support for a variety of infrastructures in addition to their innovation execution and growth capabilities.
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