The Car Rental Industry
RecoverySoft / September 4, 2018

Market Overview The car rental industry is a multi-billion dollar sector of the US economy. The US segment of the industry averages about $18.5 billion in revenue a year. Today, there are approximately 1.9 million rental vehicles that service the US segment of the market. In addition, there are many rental agencies besides the industry leaders that subdivide the total revenue, namely Dollar Thrifty, Budget and Vanguard. Unlike other mature service industries, the rental car industry is highly consolidated which naturally puts potential new comers at a cost-disadvantage since they face high input costs with reduced possibility of economies of scale. Moreover, most of the profit is generated by a few firms including Enterprise, Hertz and Avis. For the fiscal year of 2004, Enterprise generated $7.4 billion in total revenue. Hertz came in second position with about $5.2 billion and Avis with $2.97 in revenue. Level of Integration The rental car industry faces a completely different environment than it did five years ago. According to Business Travel News, vehicles are being rented until they have accumulated 20,000 to 30,000 miles until they are relegated to the used car industry whereas the turn-around mileage was 12,000 to 15,000 miles five years…

Benefits of Disaster Recovery As a Service
RecoverySoft / August 10, 2018

In any business, especially in an IT firm, data is one of the key elements used in running daily operations. There are several ways in which a firm can store and protect its data. In the past, disaster preparation would often require IT staff to travel to off-premise data centers and/or copy corporate data onto tapes. However, advances in technology and computing platforms have enabled the creation of better and more scalable data storage mechanisms. These have paved the way for complete Disaster Recovery as a Service (DRaaS) solutions that can be used instead of internal IT teams. When data is breached or hacked into, uncontrollable losses will occur. To prevent this, many companies opt to have in place disaster response measures and even dedicated teams for managing such situations. Today, you’ll find two main categories of computing: cloud computing and hardware server-based computing. This includes the use of DRaaS or traditional backup methods to protect and store data. With current technology, DRaaS offers several advantages over traditional backup and disaster recovery methods. DRaaS is quite reliable and helps address many challenges, including mobility, portability and high performance, among other features. Traditional disaster recovery does not offer the capabilities that…