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The Benefits of Backup as a Service (BaaS)

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Backup as a Service (BaaS) is a solution that allows you to keep copies of your data in the cloud and call them back when you need to use them. It’s storage, but one that’s done on the cloud.

It’s also potentially unlimited, but you only pay for the storage space that you use. And this is just one of the many attractive things about it.

This article takes you through some of the advantages of this technology, and how you could benefit from having it.

Why Backup as a Service?

We are generating more data than we have ever done. Businesses, for instance, are recording customer and transaction information, digitizing payroll, and supporting their operations with virtual tools. This is happening globally; the sum of data that’s being created as a result is mind-boggling.

The entities that generate all this material—whether they are individuals or organizations –may want to store them somewhere. They could need them to use their material in the future.

Traditionally, we kept our data in hard drives, solid-state drives, and tape drives. These were sufficient when we produced a fraction of the data we churn out today. But as our world became more dependent on digital technology, businesses have shifted away from on-premise storage solutions to the off-premise cloud.

Cloud storage is represented physically by data centers, often run by third party companies. These ‘cloud service providers’ allow their client businesses to store their data on its servers, through virtual storage applications. An example of a cloud service provider in Nigeria is Layer3.

Unlike the older solutions, the cloud offers you potentially limitless storage. And that’s the most important reason why businesses are adopting BaaS.

How Backup as a Service Works  

You probably know what a backup means. It’s saving copies of data somewhere so you can retrieve them if the other copies are lost.

The “as a Service” component means that it’s backup that you can purchase. You could pay for backup capacity that suits your needs. There’s no fear that your service provider will run out of it, so you can always scale up your backup capacity if you’re able to pay for it.

BaaS becomes useful when there’s been a loss of data. This could happen due to human error, power outage, a natural disaster, or even a cyber-attack. If you don’t have backup for your files before any of these things happen, you risk losing them permanently. But if you have backed up your files, you’ll still be able to access them even if they are removed from your systems.

Cloud service providers also help you with Disaster Recovery, which allows you to get your data and applications running again within a few minutes of losing your first copies.

What You Can Enjoy With BaaS

  1. Unlimited Storage

Hard drives have limited storage capacity. This is a drawback for organizations that produce huge amounts of data that they need to backup. The cloud doesn’t have this problem.

In 2018, there were about 33 Zettabytes (33 trillion gigabytes) of data housed in the global cloud. That’s a lot more than all the information stored on every device on the planet, combined. By 2025, we could have up to 125 Zettabytes of data on the cloud. And we’ll still be able to host more on it afterward.

  1. Pay as You Use

You may set up onsite storage and wind up using just a fraction of its capacity. This would mean that you have spent more money per unit storage than you should have.  It’s the sort of loss you may encounter if you’re using on-site storage hardware.

The cloud lets you avoid this sort of thing. You can scale up or scale down your BaaS capacity very quickly; all you’ll need is to pay the commensurate fee for the scale of service. This can save you a lot of costs, and free up resources that you can allocate elsewhere in your business.

  1. Managed Service

What BaaS does is hand the maintenance of storage to another party. But they are not just ‘another party’. Cloud service providers like Layer3 are experts at what they do. They can draw on their experience with the cloud and IT infrastructure when they manage your storage.

This is more cost-effective than handling your storage in-house. You won’t have to spend a lot of money hiring extra IT staff or training existing employees to manage storage equipment.

  1. Easier Data Recovery

It could take you days to recall data that you have stored on your hard drive. You will need much less time to retrieve the same amount of data from the cloud. And if you’re using Disaster Recovery, it will take you only a few minutes to get your lost files back up.

This could be the difference between your business operating at a fraction of its capacity for a week or more and running smoothly even when there’s been a major disruption.

  1. Support

If you encounter issues with your backup, you can always ask them to help you resolve them. And if you have any questions about how the service works, you can contact them for answers as well. Traditional storage doesn’t come with these added advantages.

Conclusion

Without adequate backup for your files and applications, you risk losing them forever. It’s a risk you shouldn’t take if you want your operations to run smoothly.

Layer3 provides remote backup service to several organizations in Nigeria. This BaaS solution allows clients to choose their preferred backup location and also secures their data so that it remains accessible to them. When disaster strikes and onsite data are lost, they can always retrieve them from our cloud, quickly, and with little effort.

If you would like to boost your organization’s storage capacity with cloud storage, you can reach out to us, and we’ll get it done for you. Contact us here to request a demo.


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E-Business

Confronting the Google Monolith: Survival Strategies for Online Businesses

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By Reuben Kalu.

In the vast expanse of the digital realm, Google looms large, an omnipresent force shaping the way we navigate, search, and conduct business online.

From its humble beginnings as a search engine to its current status as a multifaceted tech behemoth, Google has entrenched itself deeply into the fabric of the internet.

Its influence is undeniable, its reach unparalleled, and its ubiquity seemingly inescapable. But can you truly run an online business without Google?

The answer, in today’s digital landscape, is a resounding no. You have no choice.

Google’s dominance extends across multiple facets of the online world, making it virtually impossible for businesses to thrive without engaging with its ecosystem.

From search engine optimization (SEO) to online advertising, email services to analytics, Google’s suite of products and services permeates every aspect of the online business landscape.

Attempting to operate without Google is akin to swimming against a relentless tide, fighting an uphill battle fraught with obstacles and limitations.

At the heart of Google’s influence lies its search engine, the gateway through which billions of internet users navigate the vast expanse of online content. .

Google’s search algorithms wield immense power, determining which websites rank prominently in search results and which languish in obscurity.

For businesses seeking to attract organic traffic and expand their online presence, optimizing for Google’s search algorithms is not merely advisable—it’s imperative.

But Google’s influence extends far beyond search. Consider Google Ads, the company’s advertising platform that enables businesses to reach targeted audiences through paid search, display, and video advertising.

With billions of searches conducted on Google each day, Google Ads provides unparalleled reach and visibility, allowing businesses to target potential customers with pinpoint accuracy.

Attempting to compete in the online advertising arena without leveraging Google Ads is akin to entering a battle unarmed—a futile endeavor destined for failure.

 

Moreover, Google’s suite of productivity tools, including Gmail, Google Drive, and Google Workspace, has become indispensable for businesses seeking to streamline their operations and enhance collaboration.

With seamless integration across devices and platforms, Google’s productivity tools offer unparalleled convenience and efficiency, empowering businesses to work smarter, not harder.

Attempting to eschew Google’s productivity suite in favor of alternative solutions is not only impractical but also unwise, depriving businesses of the tools they need to succeed in today’s fast-paced digital landscape.

Furthermore, Google Analytics stands as the gold standard for web analytics, providing businesses with invaluable insights into their online performance and audience behavior.

From tracking website traffic and user engagement to analyzing conversion metrics and customer demographics, Google Analytics offers a comprehensive toolkit for optimizing online marketing strategies and driving business growth.

Attempting to gauge online performance without leveraging Google Analytics is akin to flying blind, devoid of the critical data needed to make informed decisions and drive meaningful results.

But perhaps the most formidable aspect of Google’s influence lies in its role as a gatekeeper of information and access.

With billions of users relying on Google’s platforms and services each day, the company wields immense control over the flow of online traffic and the dissemination of information.

For businesses seeking to connect with customers and expand their reach, Google’s dominance presents both a tremendous opportunity and a formidable challenge.

Attempting to circumvent Google’s influence and establish an online presence independent of its ecosystem is a Herculean task, fraught with uncertainty and risk.

In essence, attempting to run an online business without engaging with Google is akin to swimming against a relentless tide, fighting an uphill battle fraught with obstacles and limitations.

While alternative platforms and solutions exist, none possess the ubiquity, reach, and influence of Google’s ecosystem.

To thrive in today’s digital landscape, businesses must embrace Google’s dominance and leverage its suite of products and services to their advantage. You have no choice.

In conclusion, Google’s pervasive influence permeates every aspect of the online business landscape, making it virtually impossible to escape its grasp.

From search engine optimization to online advertising, productivity tools to web analytics, Google’s ecosystem encompasses a vast array of products and services that have become indispensable for businesses seeking to succeed in the digital age.

While alternative solutions may exist, none possess the ubiquity, reach, and influence of Google’s ecosystem.

To thrive in today’s digital landscape, businesses must embrace Google’s dominance and leverage its suite of products and services to their advantage.

You have no choice.


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Hydrogen Hosts Catalyst Workshop, Highlights Resilient Business Models for Fintech Startups

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As part of its mission to empower African businesses with tools needed to thrive, garner admiration, and foster global acclaim, leading payment solution company, Hydrogen Payment Services Company Limited (Hydrogen), recently partnered with the Co Creation Hub (CcHub), to host the latest edition of the Catalyst workshop in Lagos.

The discourse addressed the potential risks and opportunities for startups and saw experts advise participants on the need to develop resilient business models that would scale across different economic climes.

Moderated by Miracle Ezechi, Digital Marketing Manager, Hydrogen, the panel session addressed dominant issues about the theme: ‘Adapting Fintech Business Models to Economic Climes: Flexibility, Agility and Customer-centricity’.

Mr. Emeka Awagu, Chief Technology Officer, Hydrogen, who spoke as a panellist, addressed the issue of customer-centricity, which according to him, is key to Fintech growth.

He advised startups to listen to customer demands and understand their needs in order to develop the right solutions that will lead to long term market viability.

“Innovation is key for startup growth. However, understanding customers’ needs and change in behaviour will help any startup to innovate better.

“Startups must be flexible and agile to develop solutions with high interoperability and processing speed, and they must be ready to learn from startups that have failed,” Awagu said.

With an estimated 61.07 percent of startups failing, the participants stressed the need for prudence.

“Statistically, a staggering number of startups fail, often due to financial mismanagement. Hence, founders must prioritise understanding and maintaining a healthy the Cost-to-Earnings ratio.

“It is not just a number, but a pivotal indicator of a company’s financial health as well as being a key attractiveness determinant for investors,” Awagu added.

On his part, Ina Alogwu, the Group Director, Digital Transformation, ARM HOLDCO, who also spoke as a panellist at the session, stressed the need for startups to develop sustainable products and solutions that will help them remain competitive in an environment that is faced with harsh economic realities.

“Many startup businesses fail within their first five years, however upcoming startups should not be discouraged, rather develop a culture that will encourage them to understand the reasons for failure and learn from mistakes.

“Startups should not be too rigid with their solutions and should be ready to accept changes that will drive innovation,” Alogwu stated.

Hydrogen will be deepening its economic impact series with a webinar planned for Thursday, April 25, even as businesses across Africa continue to face an array of challenges, ranging from inflation and currency fluctuations to rising operating costs.

Themed ‘Navigating Economic Challenges: Strategies for Sustainable Growth,’ the webinar will delve into key areas critical for businesses to not only survive but thrive in the face of economic adversity. Register using this link – https://bit.ly/Hydrogenwebinar.

Esteemed panellists for this event include Taofik Odukoya, CEO, Vanguard Pharmacy, and Okechukwu Odimgbe, Chief Financial Officer, Hydrogen. The session will be moderated by Nnenna Sam-Obioha, Ecosystem Orchestrator, Hydrogen.

 


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Dexude Secures Funding to Revolutionize Education in Nigeria, Beyond

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Dexude, a leading edtech platform with operations in Nigeria, has announced that it has been awarded the prestigious Business Finland TEMPO funding.

Dexude Secures Funding to Revolutionize Education in Nigeria, Beyond

Charles Emembolu, founder of Dexude,

This significant funding injection marks a pivotal moment in Dexude’s journey towards transforming education through its AI-powered, live-first, expert-led, and community-driven platform.

The Business Finland TEMPO funding is specifically designed to support startups and SMEs aiming for international growth by building their expertise and solutions into international success stories in innovative ways.

Dexude’s commitment to innovation, coupled with its vision to enable a billion learners worldwide, aligns perfectly with the objectives of the TEMPO funding.

Commenting on this milestone achievement, Charles Emembolu, founder of Dexude, remarked, “We are incredibly honored and excited to receive the Business Finland TEMPO funding. This funding is not only a validation of Dexude’s mission to reinvent education but also a testament to the hard work and dedication of our team. With this support, we are poised to accelerate our efforts in democratizing access to quality education and empowering learners across Nigeria and beyond.”

L-r; Kelvin Chikezie, co-founder of Dexude; Kashifu Inuwa Abdullahi, Director-General/CEO of the National Information Technology Development Agency (NITDA); and Charles Emembolu, founder of Dexude

Kelvin Chikezie, co-founder of Dexude, added, “Securing the Business Finland TEMPO funding is a significant milestone for Dexude. It underscores our commitment to leveraging technology and innovation to revolutionize the way people learn and grow. We are grateful to Business Finland for believing in our vision, and we are excited to embark on this next chapter of Dexude’s journey.”

Dexude is on a mission to redefine education by providing learners with access to influential experts and thought leaders, live interactions, and a vibrant community-driven learning experience.

Through its platform, Dexude aims to break down barriers to learning and empower individuals to pursue their passions and unlock their full potential.

 

 

 

 


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