Hello. Thank you for your inquiry. As I don't have specific information about your account, I am giving a bit of a generic answer. The licensing and terms will need to be discussed with your account team. But yes using storage based backups will provide a great method and improve performance as it uses native snapshot technology to do so, instead of copying elsewhere and reading the entire file system or major parts of it.
I'd recommend reaching out to your account team regarding next steps as they will be able to handle your queries directly.