Business continuity and disaster recovery (BCDR) is a critical element for all businesses — from enterprise-sized operations to small- and medium-sized businesses (SMBs). But many business owners don’t really understand the importance of a robust BCDR plan and, even more critically, what can happen if you don’t have one.
Let’s start the conversation by looking at today’s business landscape. In the wake of disruptive health and safety requirements posed by the ongoing coronavirus pandemic, many companies turned to remote work environments to keep business running smoothly. Some had their entire workforce working from home while others adopted a hybrid model, with staff in the office part-time and home part-time.
Regardless of how your company has chosen to weather the changing regulations and requirements that continue to shape work policies, business continuity is job one. However, in light of the altered work environments, tech professionals are beginning to look more closely at BCDR options to ensure they can accommodate the rapidly changing landscape of the modern workplace.
The Critical Importance of a Robust Business Continuity and Disaster Recovery Plan
Businesses bandy about the term “business continuity and disaster recovery” all the time, perhaps without truly understanding the essential need for a robust data backup and recovery plan. And we could discuss all the ins and outs of business continuity in esoteric terms, but it all boils down to one simple question:
How long can your business afford to be down?
Currently, research based on a survey of 3,000 global IT decision makers shows that the average downtime for an outage was just under 80 minutes. The hourly metric for the cost of that downtime to the average business? Eighty-four thousand, six hundred and fifty dollars. That’s $84,650 per hour. And that cost doesn’t even include the other potential impacts of an outage, which can include:
- Loss of customer and employee confidence
- Long-term damage to brand integrity
- Reduced stock price
- Diversion of resources from mission-critical projects
- Potential legal action and non-compliance
Another issue to consider is the time it takes to get back up to full speed after an outage. When the power comes back on and data is again available, employees have a lot of triage to do before they can get back to business as usual.
And there are more potential threats to your uptime than ever before, in the form of human errors, insider sabotage, cyberattacks, failure of hardware, power outages, and natural or even man-made disasters.
That’s why industry-leading IT companies such as Datto have focused on providing state-of-the-art BCDR solutions that help protect all of your business systems from phones and servers to network connection, drives, online systems, and even business applications. Having an overarching BCDR plan that takes into consideration all the components necessary to do business — either onsite or in a hybrid or remote work situation ensures that your business can stay up, running, and profitable, even in the face of a disaster.
Trust CDS to Provide Custom-Tailored, Leading-Edge BCDR Plans
As a Managed IT service provider, we have a strong understanding of the need for a robust business continuity and disaster recovery plan — and we know how to deploy the right plan for your business needs and challenges.
In fact, our expertise has earned us the rare opportunity to join the elite Blue Diamond partnership with industry leading BCDR provider, Datto. Only 2% of the companies that work with Datto are awarded this status, as they must consistently exceed high performance standards in order to earn the designation. As a Blue Diamond partner, we are able to offer our customers access to the best backup, disaster recovery and business continuity solutions in the market. So if you want to reduce or eliminate potential downtime and increase your recovery time in the event of a breach, power outage, or other interruption, we have you covered.
Get the best BCDR protection available. Contact a CDS representative today to learn how to get a BCDR plan custom-tailored to the needs of your business.