![]() Moreover, even where SaaS providers do provide backup functionality, that doesn’t really address the bigger problem of how to get the data back into the system after a catastrophe occurs. ![]() “Yet data loss and corruption occur frequently.” “SaaS applications were not created with restoring lost or corrupted data in mind, and there is no easy or effective way for customers to back up the data themselves,” Gutmann continued. While it might be technically possible for SaaS customers to develop their own data backup solutions, specialized third-party platforms such as OwnBackup - which work in partnership with cloud companies - make it much easier, allowing enterprises to allocate their IT resources to other initiatives. “We’re empowering customers with complete ownership of their data,” Gutmann said. Initially it will help Dynamics 365 customers meet “complex regulatory requirements” and “eliminate data disruptions” due to user and integration errors. But with another $240 million in the bank, the company is well positioned to extend support to other clouds, starting with Microsoft later this year. OwnBackup has so far put most of its focus on providing data backup and recovery services for Salesforce, and by extension Salesforce ecosystem companies, such as Veeva and Ncino. We’re here to empower our customers to own and protect their data on any cloud platform.” Own your backups “Since SaaS customers are responsible for their data, they are driving demand for easy backup solutions. “There has been a broad misconception that SaaS platforms take care of data backup and protection,” OwnBackup CEO Sam Gutmann told VentureBeat. The company had already raised around $267 million since its inception in 2015, including a $167.5 million round just seven months ago. In a nutshell, OwnBackup serves businesses such as Adecco, AECOM, Aston Martin, Delivery Hero, and Navy Federal Credit Union with the tools to create daily backups and speedily restore all their SaaS data.
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