Disaster Recovery and Why it Matters
When you mention the term 'disaster recovery', most people think about the big ground-shattering events like earthquakes, fires, floods, tropical storms, etc. While these natural events are certainly disasters and devastating in their own right, smaller things can constitute as a disaster for your business, and they aren't seasonal.
Let's look at the definition of disaster.
A calamitous event, especially one occurring suddenly and causing great loss of life, damage, or hardship, as a flood, airplane crash, or business failure.
The Cost of a Disaster
Downtime is a very terrible expense to not try to avoid. Try this simple formula for yourself:
Number of Employees Affected by an IT Outage X Average Employee Hourly Cost (NOT WAGES)
This simple formula will tell you about how expensive every hour of downtime is for your company. The hardest value in the formula is understanding the percentage of income lost. Not all companies might have a figure, but you will want to consider it as you do the math. This doesn't include the cost of repair, consultation, parts, or any of the remediation required to get things back up and running.
Disaster can strike from any direction. Hard drives can go, data can be corrupted, hardware can fail, and networks can go down, and systems can become infected with viruses and malware. User error can cause disaster, as well as theft and other malevolent activity. While companies should take precautions to safeguard themselves against threats both external and internal, and managed maintenance can prevent a lot of foreboding issues, having a solid disaster recovery plan can mean faster turnaround when there is devastating downtime.