Have you ever faced a security threat to your servers or systems? As a business leader, you must have heard horror stories about massive data losses. It seems like every other day there is news about data theft that has cost businesses significantly. To think that you, irrespective of your company’s size, are secure from such unfortunate events would be unwise. Giants like JetBlue and Uber have fallen prey to data security issues. As per studies, eighty percent companies in the US that have faced data loss had to get out of business within three years as they could not recover from the loss.
How can downtime and data loss affect your business?
It goes without saying that this is not a favorable situation to be in, especially in a competitive environment that keeps becoming more and more demanding with every passing day. In a nutshell, today’s business landscape is unforgiving. Businesses are expected to operate round the clock, every day of the year. Any disruption of services that results from natural, technological, accidental or human-made accidents is just unacceptable as the losses to be incurred would make the company’s survival uncertain.
A recent study revealed that most organizations cannot handle more than an hour of downtime without incurring a severe financial loss. This begs the question, how do you ensure that your business can recover swiftly in case of an unforeseen disaster? To ensure that your company does not hit a roadblock, you must hire data recovery Philadelphia experts. Most professional IT consultants say that enterprises must invest in data recovery to combat unforeseen issues and threats.
Does this need your immediate attention?
Today’s businesses are highly dependent on IT solutions. Enterprise resource planning solutions, WAN-based enterprise-wide communication systems, business intelligence solutions, real-time communication and collaboration activities – all are running 24X7. The entire functioning of an organization can get affected by a disaster, natural or otherwise.
In this context, you must know that only 35% of all outages result from natural disasters, which are out of anybody’s control. The remaining 65% of outages are a combination of human errors, operational issues, and of course, targeted breaches and attacks.
According to studies, $700 billion was the amount of loss that US enterprises suffered in 2016 due to downtime which was the result of the outage that lasted an average of 18.5 hours. Now, it is understandable that these numbers will only keep increasing with time as costs of everything keep multiplying.
It is for you to decide whether your business can withstand that amount of loss and still keep functioning as usual. In all probability, the answer will be ‘no.’ If it is so, then disaster recovery planning and implementation in your organization need your immediate attention.
What are the benefits of investing in disaster recovery solutions?
It can be safely said that you will have peace of mind if you invest in data recovery plans as that would in a way ensure business continuity. Take a look at the apparent benefits of investing in a disaster recovery plan for your organization:
Business continuity: Implementing enterprise recovery solutions can assure swift data recovery, thereby ensuring little to no data loss and minimal downtime. Your business can keep performing as usual without having to incur a massive monetary loss.
Uncompromised business image: Let’s face it, a business stands to lose a lot if its public image is compromised. As stated earlier, today’s landscape is unforgiving. Customers, partners, and investors will not stand for any delay, no matter the reason. Thus, data recovery solutions can indirectly minimize the need for substantial expenditure just to recover an image that has been affected.
Infrastructure assessment: Before you deploy a disaster recovery solution, it is essential to do a thorough examination of your existing systems. You will need to do a detailed analysis of your IT systems and identify critical data and infrastructure. It will give you an opportunity to check your system for potential shortcomings and repair damages if any. It will only help to strengthen your systems further.
Cost reduction: These solutions open up newer avenues for savings. It helps you identify areas where you could have been losing money, and check where you can optimize processes further to increase cost efficiency.
Meeting compliance and regulatory requirements: Modern organizations are customer facing to a great extent. It is even more valid for companies in the health and financial sectors. As these companies hold a lot of sensitive data, they must put in extra effort to protect that information according to guidelines like HIPAA, SOX and so on. A disaster recovery provides extensive protection against data loss.
If you still have not thought about having a disaster recovery plan for your organization, you must contact an IT consultant to know how it can embed security, enhance privacy and compliance into your business methodology.
Author bio: Sarah Summers is an IT consultant who has years of experience in working with small and midsized enterprises (SMEs). She has helped these companies make their business processes more efficient, cost-effective and productive. She has written many articles about the importance of disaster recovery solutions. Her articles can be read on https://americantechpros.com/.