No business is safe from unforeseen circumstances that could happen at a moment's notice. All too often a disaster strikes when companies least expect it, leaving them unable to maintain operational efficiency once it's over. Organizations need a thorough business continuity and disaster recovery strategy to function through these unfortunate events. Business without a proper backup plan could face potentially devastating losses of revenue in the aftermath of a disaster.
Although companies likely understand they must have some level of a disaster plan, few are actually taking the necessary steps to prepare for a potential disaster. A study by the Disaster Recovery Preparedness Council discovered 73 percent of organizations received grades of a D or F for their ability to respond to disruptions, MSPMentor reported.
These findings are undoubtedly concerning on the surface but there may be better days ahead. The news provider indicated companies struggling with their disaster preparedness can address these shortcomings with appropriate, affordable disaster recovery solutions that are within their budgets.
MSPs help customers prepare for unexpected
Managed Service Providers (MSP) assist customers with their IT infrastructure needs, monitoring network health and recommending the best solutions that support each client's storage and capacity needs.
MSPMentor contributor Matt Miller explained companies overwhelmed by the sheer number of backup and recovery options available can experience "purchasing paralysis."
"Not only must they know their own environment and all its nuances, but they must also know how their environment might play with the different DR technologies. An MSP partner can play a pivotal role in whittling down the choices for business customers. With educated guidance from MSP partners, the breakdown from Ds and Fs to As and Bs could be quickly reversed - and improved from there," Miller wrote.
Investments can pay off
Organizations that have never had operations halted because of a natural disaster are lucky. Given the recent increase of superstorms due to extreme climate changes, businesses should not hesitate to invest in a business continuity plan to protect their business-critical information in the event of disaster.
A Boston University infographic indicated a quarter of firms that experience a disaster never reopen following the incident. Those in a declining industry are even less likely to recover. The study also suggested every $1 spent toward proper safeguards can save firms $7 in potential losses, Risk Management Monitor reported.
The BU analysis listed some other disconcerting findings, further emphasizing that firms have to do more with their recovery initiatives. Sixty percent of small businesses lack a formal disaster recovery plan. The 30 percent of organizations that back up mission-critical data do so because they have lost such resources in the past.
Contact Pinnacle today about your disaster preparedness plan
Pinnacle, an Advanced Imaging Solutions company, is a leading Managed IT Services provider that helps customers with their business continuity and disaster preparedness needs. Their experienced team of Engineers analyzes each firm's unique operational demands to recommend and implement a plan to safeguard data and networks. Should an event disrupt your systems, Pinnacle's Engineers will have the knowledge and support in necessary to respond quickly and restore operational efficiency soon after the incident.
If your organization has experienced a debilitating disaster in the past or simply wants to make sure it avoids the aftermath of a future event, contact Pinnacle today.