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Cloud Resiliency and the Data Explosion Organizations with critical time constraints are well practiced at deploying instant recovery strategies with minimal data loss. Their solutions tend to be highly customized and very expensive. For everyone else, tape, with its longer deployment times, has been--and still is for many--the disaster recovery plan of choice and financial necessity. Over the last few years, however, the cloud has brought down the cost of disaster recovery-as-a-service, just as many organizations are realizing that they can no longer afford to wait hours to recover.
Now Is Cloud a good model for your organization to address recovery needs?
Yes as you have rightly said , cloud has bought down the cost of disaster recovery.
Cloud resiliency right for most of the organization who wants to have the the things to be done completely, its is always better to move the critical applications which are necessary for the organization to be on cloud
Cloud has made IT very much simpler these days and few feature comes at a cost. It would be better if the orginisation choose they application wisely and effectively in order to have their applications resilient to disasters