Companies don’t plan to fail, but unfortunately, many do fail to plan. According to a study by the University of Texas, only 6% of companies survive after suffering a catastrophic data loss. Establishing, communicating and testing a disaster recovery plan can prevent your business from becoming part of the 94% of businesses that fail.
If the numbers alone aren’t enough to prove that all businesses should put a recovery plan into place, here are three more reasons why planning ahead is a necessity:
1. Everyone makes mistakes.
Both humans and computer malfunction and make mistakes that can be costly. When processes aren’t followed perfectly, the result can be catastrophic. As streamlined as processes may be, there is no error proofing data entry. A back up plan is essential to override mistakes before data is compromised.
2. Clients expect the best.
If an outage prevents a client from reaching you during business hours, you’re in trouble. Customers expect the best from the companies they work with – and those that can provide perfection are replaced by those who can. No one wants to lose business – DRaaS provides a solution to data loss that can be implemented quickly and efficiently to prevent customers from experiencing service that is less than the best.
3. No ship is unsinkable.
No company, not small family owned businesses or large corporations, is completely protected from disaster. Quality assurance programs, tried and tested processes and expert employees may lower your risk of data loss – but no one is ever completely immune.
Does your company have a data recovery plan in place? If not, do you plan to implement one in 2014?