Business Continuity & Disaster Recovery
When natural disasters happen, are you equipped to continue your business? Regardless of whether you believe so or not, the statistics are not in your favor.
- According to the Strategic Research Institute, companies that aren’t able to resume operations within ten days of a disaster hit, aren’t likely to survive.
- 72% of U.S. companies affected by a disaster are forced to close permanently, according to Contingency Planning Research & Strategic Research Corporation.
- According to Symantec, when an SMB is forced to shut down business for a day, the median costs of this downtime is $12,500.
Many companies today operate in multiple locations with their manufacturing, shipping and receiving processes spread out, but do not exercise the same contingency planning for their data centers. Some still think that moving backup tapes offsite to a bank vault is all they need for disaster recovery planning. If your organization still falls in this category, it might be time for you to reassess the viability of this plan.
Storage and backup experts agree, the chances of a company restoring from backup tapes in the event of a disaster is highly unlikely. Even if backup from tape was possible, if the server room or data center sustained a total loss, where will you restore your data and what hardware will you use? As the old adage states, “the time to invest in buckets is not when the ship is sinking.” Companies insure their survival in the event of civil suits, they insure their employees in the event of accidents and they even insure their executives from accidental death. So why not insure the lifeblood of your business - your data? A Business Continuity & Disaster Recovery plan by The Prescient Group does just that.
We’ll help you build a plan that makes sense for your business, and makes sense to your CFO.