What is a significant benefit of online backup solutions?

The significant benefit of online backup solutions is that they require minimal physical storage. This is essential for both individuals and organizations, as it reduces the need for large physical hardware, such as external hard drives or extensive server setups, to store backups. Instead, data is securely stored in remote servers operated by backup service providers. This not only saves physical space but also allows for more efficient resource management and can potentially lower costs associated with purchasing and maintaining physical equipment.

Additionally, online backup solutions often provide accessibility from various locations and devices, allowing users to retrieve their data conveniently. This feature complements the reduced physical storage requirement by making data management more streamlined and user-friendly. In contrast, options that suggest high hardware requirements or local data-only access do not align well with the core advantages of online backup systems.