With disasters come the risk of losing data that’s critical to your business. It should come as no surprise then that some companies that have lost critical data end up going out of business within a year. The recovery of your data is just as important as how secured it is stored. The risk is high and becomes very obvious in the time of need, if creating a disaster recovery plan is overlooked. It affects not only your business operations but also your clients who make use of your products and services.
Talking about downtime costs, IDC research states that we can look at an average cost of about $100,000 per hours, climbing to about $1.6 million per hour for some organizations. Even with disasters not happening, IDC research disclosed that most organizations still suffer an unplanned downtime of about 10-20 hours per year.
The challenge grows as business experience influx of big data. This means that there is an equally increasing need for a resilient and robust disaster recovery plan that’s strategically aligned in modern approaches to drive better reliability and business continuity.
Disaster Recovery Is a Must to Ensure Business Continuity
Businesses are seeing this need are now actively pursuing a disaster recovery plan that suits their needs. If you’re one of them, then congratulations on taking that first step to securing your business data and guaranteeing your successful data recovery in the event of a disaster wiping out your critical data.
If you haven’t, we have put together a guide in how to go about planning your own Disaster Recovery Plan and ensure the security and recovery of business data.