When you mention the term ‘disaster recovery’ to business owners, many think of events such as hurricanes, earthquakes, fires, floods, tropical storms, etc. while these natural events are certainly disasters and can severely destroy a business.
A disaster in the technology world, can be anything that involves major downtime or a major loss of data. For example, experiencing a server malfunction that leaves employees unable to work, that is a disaster. Many businesses when they are down are losing money and paying for idle employees.
WHAT DOES A DISASTER COST A BUSINESS
Many businesses suffer drastically to recover from disasters, some never recover. This simple formula will tell you how costly every hour of downtime can be for your business.
Number of Employees Affected by an IT Outage X Average Employee Hourly Cost (NOT WAGES) + Average Company Hourly Income X Percentage of Income Lost Due to the IT Outage
Don’t forget this formula does not cover the cost of getting your services back up and running, which can be extremely expensive if you do not have an adequate disaster recovery plan in place.
WHEN DISASTERS STRIKE
Disasters can happen at any moment. They can strike from any direction. They can happen right now or in six months’ time. Data can be corrupted at any time, a file can be deleted by an employee, hard drive can crash, hardware can fail, networks can go down, and systems can be infected viruses and other malicious malware. Business owners should most definitely take precautions to protect their critical business data and a managed maintenance plan can help with this. However, having a secure solid disaster recovery plan in place can mean faster turnaround when there is a disaster and significant downtime.
Disaster recovery planning starts with your most important business IT asset – your business data. Computers can be replaced, hardware can be repurchased, and software can be reinstalled. Data cannot be. Data is countless hours of work by your employees that cannot be replicated with a full backup and disaster recovery plan. Many businesses who suffer major data loss go out of business within the first year. Credibility can be lost, important documents can be lost, and the business can go into disarray as a result of lost data. Data must be backed up. This is a necessity for your business not an option. Your business data needs to be backed up regularly and archived offsite. The backup should be tested regularly. You don’t want to find your backup is corrupt when it is too late. If you have not done so, the time to put you disaster recovery plan together is now. Contact your local IT company or local tech support guy to see how they can help you prevent a disaster no matter the size.