Disaster Recovery and your Organization
How important is disaster recovery to you and your organization? If your IT systems went down, would your organization be able to get them up and running again within a timeframe that meets your business requirements?
Organizations depend on the utilization of tools and platforms to deliver goods and services from a B2B and B2C perspective. The increasing reliance on technology for business continuity is not a new concept, and as a result highlights the importance of [technology] always being available.
Sudden downtime within connected platforms, can significantly impact business functions and critical line of business (LoB) applications, resulting in:
- Loss of data, revenue, sales
- Loss of trust in your brand
- Reduced productivity
- Financial burden
Protecting your assets is an important part of good business. This can be achieved through business continuity solutions such as High Availability (HA) and Disaster Recovery (DR). A disaster recovery plan (DRP) outlines mitigation and contingency plans for disruptive events and occurrences.
Statistics to consider for the cause of disruptive incidents
- Human Error – 60%
- Unexpected Updates & Patches – 56%
- Server Room Issue – 44%
- Power Outages – 29%
- Fire or Explosion – 26%
- Acts of God (Natural Disaster) – 10%
According to an ITIC (Information Technology Intelligence Consulting) survey, “one hour of downtime can cost over $100,000 for 95% of enterprise organizations. If your company is smaller, you can be at an even greater risk. An estimated 25% of small businesses do not reopen following a major disaster. If you do not have a business continuity plan, your company can quickly become a statistic.”
Despite the clear and increasing risks, some companies do not implement business continuity solutions due to a lack of knowledge, resources and the difficulty in determining the return on investment (ROI). Furthermore, they see it as an expense rather than an investment.
Due to the emergence of cloud technologies, cloud platforms such as Amazon Web Services, Microsoft Azure, and Google Cloud provide scalable solutions that do not require hefty initial investment. Cloud solutions provide greater ROI, as compared to on-premise infrastructure, as businesses do not have to invest in capital expenditure required to purchase, run and maintain hardware.
If you have not yet implemented a DR plan and do not have a solution to support that plan, you should do so immediately. Your business depends on it!
Click here to learn more.