Many businesses now backup their data to a cloud storage or cloud backup website but the big question is “Do you have a Cloud Recovery system in place?” If not, then you could be putting your business at risk.
People often don’t think about having a recovery system in place until it’s too late. If you business is hit by some type of unforeseen disaster and all of a sudden all of your critical data was lost, what would you do? How long do you think you could stay in business?
If you look back at some of the natural disasters that have hit our country in the past, you can see businesses in the East and Gulf Coasts as well as other parts of the country like the Rocky Mountain states, which have been affected by wildfires and floods this year. Many businesses weren’t prepared and found themselves wishing they had planned better for an unforeseen disaster that devastated their business.
Consider these facts:
- Only 6% of medium-sized companies that suffer catastrophic data loss ever recover, according to Best’s Underwriting & Loss Control Center.
- 43% of those businesses never reopen.
- And 51% close within two years of the disaster.
- Hurricane Sandy, which devastated parts of New Jersey, New York, and Connecticut last October, led to an estimated $30 billion in lost economic activity.
- Past flooding in Colorado destroyed hundreds of businesses and homes, causing more than $2 billion in economic damages.
A survey conducted by Wakefield Research of 100 small business owners in the New York Tri-State area also found that:
- More than 66% have not created a disaster plan.
- Another 66% are not backing up all of their business data.
- 75% of small businesses are backing up their data electronically – But of those, 63% are using disaster-vulnerable local technology such as external hard drives and servers – And over 50% of all small business owners have not designated an alternative location to operate from in case their workplace is impacted by a disaster.
Another recent survey conducted by TwinStrata, which polled 288 IT personnel, found that 48% of those employing cloud storage as part of their remote backup, disaster recovery, and business continuity process could retrieve lost data and applications within only a few hours of an incident. In addition, the survey revealed that those who had invested in cloud backup were actually spending less money on disaster recovery — 47% of companies that did not have a budget for cloud anticipate spending more than $100,000 annually on disaster recovery, while only 27% of companies that strictly leverage the cloud plan to spend that much.
Small Business Cloud Backup and Recovery in Atlanta
These statistics should make the idea of remote and offsite cloud-based backup, along with disaster recovery and business continuity plans, top of mind for any business owner. But you should know that knowing how to utilize the cloud isn’t as cut and dry as one might think — and that’s especially true for small businesses, which require assurances that their data will be safely encrypted, stored in an identifiable way, and made available in the event of a catastrophe.
When choosing between commercially popular brands and managed care, ask yourself: do you want to oversee your data or grow your business? The LogicSpeak managed remote backup and disaster recovery plan allows a business owner to focus on gaining clients and improving customer satisfaction, NOT worrying about whether his or her backup is working.
Before you make your cloud-based backup decision, consider how much economic havoc disasters like hurricanes, floods, fires, or even human actions can wreak in terms of downtime, lost revenue, and lost productivity. Don’t let anything dissuade you from taking all precautions necessary to protect your business’ most important asset: its data.