It happens to every business at some point; we have been there ourselves. IT disasters are unavoidable; however, recovering from them does not need to turn into a disaster movie.
We have learned that many businesses do not have an IT disaster recovery system in place or it is out of date. That explains the panic that happens when malware hits, hardware fails, breaches occur, or files are suddenly lost.
Every business, no matter the size, needs a custom disaster recovery plan. While downtime is not ideal, a quick recovery turns a nightmare into a short-lived hurdle.
Save Valuable Time
A user hits the wrong button, erases an entire database and files are permanently deleted. What’s next? With an IT disaster recovery system, a business has a recent backup available. It would have been already tested and restored in minutes.
Business operations are restored quicker with IT disaster recovery systems. Ensure your disaster recovery plans are detailed and tested because every minute, every second counts when operational systems are offline.
Even more importantly, an IT disaster recovery system reduces costs. We have experienced downtime; we could easily trace where we lost money during that period. However, we drastically minimized losses by having a functional, detailed plan in place.
86% of businesses lose $300,000 to over $5,000,000 per hour of enterprise server downtime. Gartner’s well-referenced 2014 statistic shows the average loss being around $5,600. Obviously, these are just averages, a business may lose more or less.
The lesson is a business will lose money for every minute and hour it is down. A quick recovery reduces costs and stress.
Protect Business Reputation
We usually focus on cost and time savings. However, an often-overlooked consequence of downtime is damage to the business’s reputation. For instance, if a company is trusted with customer finances, but suddenly, the customer cannot access their own funds, they will lose faith in the business.
A great example is Wells Fargo. An outage left customers unable to access their funds. Beyond the inconvenience, customers faced overdraft and other service fees. This significantly impacted Wells Fargo reputation as well as a financial impact due to additional customer support costs.
A fast recovery after any IT disaster demonstrates how a business handle crises. It also demonstrates that it cares about customers.
Avoid Data Loss
Data recovery nightmares are all too common. We receive numerous calls from businesses that lost data due to malware, ransomware, hardware failures, and human error. The first thing we ask them about is their data backups. Sadly, many businesses do not have recent backups. Others have backups, but only a local copy that are impacted by the same disaster. In fact, are not prepared for any data loss situation.
An IT disaster recovery system includes backup plans and backup testing. Then, if the worst does happen, a business is always prepared to recover and avoid losing critical data.
Better Understand Systems
An unexpected benefit of creating IT disaster recovery plan is learning more about it’s IT systems. We know that IT admins are familiar with a business’s network and hardware, but the process of creating a recovery plan helps the IT team and business learn more about integration and complete missing documentation. This improves recovery time estimates and overall plan details.
Always Feel Prepared
Businesses rely on technology be competitive; it is gut-wrenching when technology does not work as designed. Imagine always feeling prepared, no matter what happens. We can personally attest to this being a great feeling. Plus, if we are not panicked, we recover faster, and we know that every business we have helped with backup and disaster recovery planning feels the same.
Better Understand Assets and Inventory
Documentation is major part of the IT disaster recovery system. Businesses need to document the restoration process with an ordered list of systems coming back online. This helps IT admins and business owners better understand all IT assets and inventory. It is also an ideal review of requirements and how systems support the business process. Consider your recovery systems and associated tests as a method to review IT assets. It is a great time to evaluate the age, purpose, and condition of assets and inventory and how systems achieve company goals.
We want every business to be prepared if the worst happens. From minor to major disasters, we’re here to help with our Disaster Recovery Planning and Testing services.