Disasters can strike at any time, placing greater emphasis on corporate recovery strategies that safeguard mission-critical data from severe harm. Businesses that experience an incident and cannot access their most important information will be between a rock and a hard place in terms of operational efficiency.
That is why organizations must make disaster recovery a top priority. Otherwise, they may not be able to withstand the next big event, such as a storm on the level of Hurricane Sandy. A Boston University infographic found that 25 percent of businesses never reopen following a major incident, Risk Management Monitor reported. BU indicated that every $1 spent on recovery can save firms $7 in potential losses stemming from disruptions.
A TwinStrata survey found that disaster recovery is often measured in days, not hours, which is simply too long for a company to be offline if they want to consistently keep up with the competition. Only 12 percent of respondents indicated they can recover within a few hours, compared to 63 percent stating it takes days to do so, with another 29 percent stating it takes an average of four days to accomplish this goal.
"Once again, we see in this survey organizations using the cloud as a means to address some of their standard storage problems such as backup have a significant advantage over those that don't. That fact, coupled with the lower cost, lower maintenance model that cloud storage provides makes it an easy way for organizations to improve their ability to quickly recover," said Nicos Vekiarides, CEO of TwinStrata.
Lacking disaster preparedness? Don't wait to take action
Companies with lackluster disaster preparedness should not wait to address their shortcomings. Going at it alone is not always the best option, which is why a managed IT services provider is a great way to receive the support needed to safeguard critical assets. These vendors help clients with their tech-related demands and map the best course for recovery initiatives.
Some organizations are insistent on keeping data backed up to external hard drives, tapes and disks and storing these devices at the office. This is not always the smartest decision, since disasters that strike a company's building will likely damage or destroy such content. A managed IT services provider, like Pinnacle, An Advanced Imaging Solutions Company will assess a business's operations and determine the most effective way to safeguard information and expedite the recovery process so operations are restored in a timely fashion.
Firms often overlook certain needs if they have never experienced an incident. For example, businesses that have avoided major security breaches don't always pay close attention to threats because they have never been victims themselves. Organizations take a similar approach to disasters - why invest in something if it has never been needed up to this point? This is a dangerous mindset, one that is difficult to break. However, it must be tabled if companies are to safeguard their most valuable resource - their data.
The next major hurricane, flood, fire, tornado and earthquake may be just around the corner - is your business ready to take action? Contact us to discuss a business continuity plan for your business!