We know that Businesses run on data, however how many businesses have acted to actually protect their core operations if and when disaster strikes? Firstly there seems to be a misunderstanding between Data Back-Up and Disaster Recovery or better known as Business Continuity.
There is a strong necessity for business continuity to be put in place, not only for SME’s but all large organizations. Around 35% of businesses have data backup in place, and at the SMB end of the market, around 75% of SMBs have no disaster recovery plan at all. A lot of companies don’t factor the cost implications it would encounter if a server crashes and an e-commerce website goes offline for a few hours. These organizations would suffer greatly if transactional records were lost, or doctors could not administer proper care on patients due to data being lost at a hospital or healthcare facility if their records were inaccessible.
Organizations looking at deploying business continuity solutions must first realize that they have to differentiate between data backup and business continuity. For non-essential documents and other information this might not be a problem for the organization, but when it comes to information held on a mail server, or a customer database, it’s a very different story. A true business continuity solution will allow organizations to be fully function during an actual disaster, instead of just simply recovering from it.
As business owner, if you have not contemplated deploying some sort of a business continuity solution, then consider the following statistics obtained from Boston Computing Network:
- In the past 2 years, over 50% of businesses experienced unforeseen interruptions. 81% of these caused the business to close for 1+ days
- 80% of businesses that suffer a major disaster go out of business in 3 years
- 40% of businesses that experience a critical failure go out of business in 1 year
- Vendors offering disaster recovery solutions have stated that 60-70% of all problems that disrupt businesses are due to internal malfunctions of hardware & software or human errors that lead to fraud 140,000 HDDs fail in the US every week
- 31% of PC users have lost their files due to events beyond their control
- 34% of companies fail to test their tape backups, and of those who do, 77% have found backup and restore failures
Customers now demand accessibility and availability of your business 24/7. If your business isn’t prepared to support true business continuity following any unplanned interruption, more than likely, there’s a competitor who is. Organizations today can’t afford to leave their data to chance. Effective continuity planning is a must, and for those businesses unable to manage the process themselves, Media Solutions provides robust data storage, replication and recovery services. View Our Backup Service