In today’s data-driven economy, it is critical for businesses to ensure their data is protected and easily recoverable in case of emergencies. According to the National Archives and Records Administration, 93% of companies that experience data loss and downtime for 10 or more days file for bankruptcy within 12 months.1 It is easy to see why it is important for businesses to back up their data. LightWave Networks explains more below.
Should a disaster happen, avoiding major data losses and reducing downtime should both be top priorities for any company. Having a reliable data backup system and disaster recovery plan in place are necessary steps towards achieving those priorities and establishing vital safeguards to protect your business and its data.
A solid disaster recovery plan ensures your business can resume work as quickly as possible in the aftermath of a major data loss. It is a step-by-step plan for business continuity in the event of a disaster that fully or partially destroys your business’s resources such as IT equipment, data records, corporate network, or database.
Data backup is the process of storing data in another separate storage medium in addition to the primary storage. So, should the primary hardware fail or get damaged, your company’s data is easy to recover. Essentially, it is the process of duplicating data which can then be retrieved in the event of data loss.
Reliability – One of the most significant benefits of remote data backup is that your company’s data is backed up automatically, either daily or on an otherwise regular schedule. This automated process is done over the internet, meaning you can access and recover any of your files instantly should you need to.
Reduced Workload – Having the process of backing up your files and data done automatically means manual backup becomes practically obsolete. One or more of your employees will not have to do the time-consuming job of making sure data is regularly duplicated onto separate external storage or USB drives.
Higher Security – Remote data backup has your data stored in a secure location separate from your business location and primary storage. This secure location is typically a data center that has safeguards built into its physical and digital framework. With advanced encryption tools and other security measures, you can rest easy knowing your data is physically safe and won’t be compromised.
Cost Efficiency – Disaster recovery planning often requires more innovative hardware and software, which can save companies money in the long run. If your business opts for cloud-based data management instead of local storage and management, costs can be minimized even more significantly.
Greater Employee Productivity – One of the more unexpected yet important benefits of having a disaster recovery plan is an increase in productivity from your employees. Establishing a disaster recovery plan involves cross-training and multiple people being able to carry out specific important tasks. Vacation days, sick leaves, or resignations will not lead to interruptions or extended downtime.
Customer Retention – Today’s clients expect consistent reliability and almost instant results. They are not as forgiving of failures and downtime. Should a business not meet its expectations or suffer prolonged interruptions in their work, clients will easily move on to another competitor. Having a backup and a data recovery plan ensures your company will not be irreparably damaged by an IT disaster. Reducing the risk of data loss and downtime helps you retain your clientele.
There is decidedly a need for data backup and recovery in modern business practice and environments because of the fact that most sensitive data and information is stored virtually on computers or on the internet. Without a successful backup plan, businesses run the risk of losing their data, which could be extremely costly or dangerous for organizations of any size. A successful data backup and recovery plan could work to prevent a disastrous data leak or loss.
Aside from data backup and recovery, we offer a variety of business network services that work to modernize a business’s operations. We offer proven services such as managed networking, colocation hosting, and more. We offer these services at a number of our data centers located around the United States, thanks to our Tampa data center, Philadelphia data center, Minnesota data centers, Charlotte data center, and New Jersey data center, among many others.
1 – Wenjin Hu, Tao Yang, Jeanna N. Matthews, Clarkson University – The Good, the Bad and the Ugly of Consumer Cloud Storage