I'd have though you want an Offsite Backup that you can then restore into a Cloud Service at that same Backup Provider.
It's not just a Hosted Backup, but the start of a Disaster Recovery solution.
Lose the company footy tips, and have to restore back, fine.
Server craps itself, or the Air Con in the server room decides it time to drop it's contents onto the racks, then you want to be able to get going again for a month or two while new equipment is sorted out.
Needs to have a suitable RPO eg 2-4 hours, but the RTO also need to be there.
The RTO is an extra charge, but no point thinking about backups without thinking of the recovery...
I haven't been concerned about PC's, go to Harvry Norman with a Credit Card and buy new ones.
Good servers take time to get, then they have to be setup....