Time Machine local backups and Backblaze offsite storage are just fine for most users. They’re easy to use, work reliably, and are inexpensive or even free. But power users are always looking for better tools. Consider Acronis’ True Image ($50+) as a potentially superior option for backups.
Compared to the systems we mentioned, True Image is more expensive, but it offers more granular control. For example, it can back up to NAS devices—a pain with Time Machine—and can work on a schedule of your choosing. It also fully supports backups of virtual Windows machines in Parallels. A base price of $50 gets you the software, while the cloud storage space costs extra: 250GB is $50 a year, 500GB is twice that, and a full 1TB goes for $190 annually.