If your company has built your business using cloud data platforms like GitHub, Confluence, and Jira, you’ve likely built up a trove of data inside those platforms. This data is crucial to running your company and making business decisions. You’ll want to ensure it’s backed up in case it gets corrupted or you experience an extended system outage.
Once you’ve decided that a backup solution is a must-have for your organization, you essentially have two options:
Regardless of what you choose, having a backup of your data is important to ensure business continuity in the case of service failure or interruption.
Of course, the first question that comes to mind at this stage is likely, “What’s the most cost-effective option?” To help you gain clarity on the respective costs of “build versus buy,” we’ve created a handy DIY calculator. Use this tool to compare the cost of building your own backup solution versus leveraging one such as Rewind.
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* All dollar amounts are in USD
We estimate it will take an average developer 310 days to build a robust backup and restore solution i.e. a solution with the ability to automatically backup and restore all critical data daily. This includes metadata, attachments, and the complete contents of each item.
Software maintenance is costly. Some estimates range as high as 90% of the total project cost in additional maintenance costs over the project’s lifetime. Our assumption is based on a conservative 50% of the project cost/year.Software maintenance is costly.
Annual Savings = Ongoing Maintenance Cost / year – Rewind Cost / year
We calculate this figure by the Labour Rate (Cost of your developer/hour) X number of hours it takes to recover the platform. This is only part of the story. Other losses you may incur include:
Our calculator includes a variety of inputs to reflect the complicated nature of setting up and maintaining a bespoke backup solution. We’ve included labor, data storage, retention period, and more costs. All dollar amounts are in USD. Here’s a full list of the calculator’s inputs, outputs, assumptions, and formulas.
Assumptions
Inputs:
Variables calculated from inputs:
Output 1: Build It Yourself
Output 2: Partner with Rewind
Cloud outages are becoming increasingly common. Regardless of how much redundancy engineers build into these systems, they’re here to stay. Consider these recent examples of significant cloud outages:
The risk of data theft or compromise resulting from a cyberattack is another compelling reason to consider implementing a robust backup solution. Unfortunately, attackers frequently set their sights on cloud-based platforms with the specific intent of stealing or illegally accessing data.
While cyberattacks on large organizations tend to dominate the news headlines, cybercriminals more frequently target small and medium enterprises (SMEs). In a recent survey, 58% of CISOs of SMEs said that their risk of attack was higher compared to their large enterprise counterparts. Given that most SMEs have small IT departments, it’s challenging for them to protect themselves from ongoing and increasingly sophisticated attacks that don’t discriminate based on organizational size.
Accidental data loss isn’t uncommon either – especially in the world of software development, which is all about creating, experimenting, testing, and iterating. Your developers need to know they can innovate at will without running the risk of losing their work. Unfortunately, there’s not always an “undo” button to fall back on!
Depending on the industry and geography in which you operate, data loss or compromise could get you into hot water from a regulatory perspective, possibly resulting in steep fines. Downtime resulting from data loss can also cost you dearly in terms of productivity losses and the need to redo hours, days, or even weeks of work.
Deciding on the most appropriate backup solution for your cloud data is just as important as the information you want to secure. If you already have a large technology team with experience in these platforms and the capacity and skill set to manage a custom backup and restoration solution, a self-built backup solution might be a strong option.
That being said, do you really want your smart developers to spend time building, testing, deploying, and monitoring a bespoke backup solution? And that’s assuming everything goes well. If something goes wrong and you need to restore your data, you’re looking at more time and money just to get your business back up and running once more.
A solution like Rewind lets your developers focus on what they do best – building and honing software and apps that can give you a competitive advantage in your marketplace. It’s fast and simple to deploy, gives you peace of mind that you have reliable, comprehensive backup coverage, and can restore your data quickly and easily if something goes wrong.
While scripts for creating your own backups are freely available on the web, automating these backups and allowing for restore is the real challenge. Furthermore, the costs of creating and maintaining your own solution can quickly add up, so it’s important to evaluate your options carefully depending on how much your company relies on having complete and accurate cloud data.
Learn more about Rewind’s solutions for software development.
