There are so many potential disasters waiting to strike that it is difficult for businesses to prepare for all disruptions. Companies may have little say regarding the damage caused to their offices by hurricanes, tornados, earthquakes, fires and floods, but they can at least have control over how mission-critical data is protected.
Organizations that overlook any aspect of their recovery may never recover from such events. A U.S. Department of Labor study indicated that more than 40 percent of companies never reopen following a natural disaster, St. Louis Business Journal reported.
The most challenging aspect of Mother Nature is predicting when and where that next major storm will strike. The news source noted that the state of Missouri has already experienced 16 confirmed tornadoes as of May. Even if firms are lucky enough to avoid disruptions themselves, they may still suffer from these events if partners and customers are impacted and can no longer do business.
The news provider's Bill Goddard and Tony Munns noted that this past winter caused plenty of companies to shut down during icy and snowy conditions.
"The more an organization can plan for how to deal with such incidents, the better off it will be. A business continuity and disaster recovery plan can help a business continue to function and bounce back from a disaster more easily, while appropriate insurance can help mitigate risk," the writers suggested.
How long is too long for recovery?
Once a business experiences a disaster, what is an acceptable timeframe to retrieve critical data? As soon as possible is the best result, yet that is not a reality for organizations. A TwinStrata survey found that a vast minority - 12 percent - can recover content in hours. Twenty percent of respondents indicated that the cloud makes it possible for them to accomplish this goal, while only 9 percent said the same with on-premise solutions.
Perhaps the most telling finding of the study was the fact that 63 percent of businesses' recovery time is measured in days - with almost 30 percent of participants indicating it takes an average of four days to recover from a disaster.
Companies can ill-afford to take four days to restore operations, especially if they are trying to compete with rivals in their respective markets.
"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," said Nicos Vekiarides, CEO of TwinStrata.
Vekiarides explained that cloud computing may be a way for organizations to improve recovery time. The technology is a low-cost option that helps businesses store data easily and retrieve content quickly.
Businesses struggling with disaster recovery may need a trained professional to help make necessary improvements. Pinnacle, an Advanced Imaging Solutions company, assists clients with data backup and retrieval to make sure firms get back on track as fast as possible following a disruption. Click here to request to have someone call you about business continuity and disaster recovery services.