Disaster Recovery as a Service (DRaaS or RaaS) is big on the hype meter right now and, as you might imagine, there has been a lot of movement in the marketplace. One of the biggest advantages of cloud technology is that from a financial perspective it is similar to purchasing near-commodity-level utility services (like electricity) — you pay for what you use. Disaster Recovery, as a concept, lends itself extremely well to the cloud computing paradigm due to it’s inherent benefit from resource elasticity. Simply put, when resources are not consistent used then it’s financially and technically optimal to assimilate them into providers whom benefits from efficiencies and economies of scale. Continue reading