In the past few years, there have been more natural and man-made disasters that have affected business continuity across the globe. From tsunamis in Japan to severe storms in the United States, these disasters have affected businesses of all sizes and in all industries, and even led to the failure of some.
A recent study by HP found that 50 percent of businesses never fully recover from a disaster, and 43 percent never even open their doors again. Almost every company today relies heavily on its computer systems, and when those resources are compromised it is extremely difficult to recover. Overall, 70 percent of small businesses that experience major data loss close within a year.
The overall question that every business should ask itself is whether or not it is prepared for disaster. According to the HP study, only one out of every four small businesses back up their digital files frequently, despite 85 percent reporting that they are highly concerned about the security of their data. Nine percent even admitted that they never back up their data.
Backing up data is the No. 1 priority for any business looking to prepare for disaster and the only way to ensure recovery afterward. Without reliable data backup software, a business is almost sure to fail, but with it, success is only a matter of time.
Location also plays into disaster recovery needs, but not in the way some businesses may think. Every state in the country experiences some form of disaster every year, from snowstorms to wildfires, and preparing company data for these events is just as important as backing up for potential server crashes. Every state has to worry about fires and flooding, and whether located on the coast or in the Midwest, crises can occur, making disaster recovery software a necessity.
In addition to natural disasters, man-made and technology-related disruptions happen with surprising frequency as well. According to HP, a hard drive fails every fifteen seconds, around 2,000 laptops are lost or stolen every day, and one in fifteen computers has a fatal hard drive crash in its lifetime. While 32 percent of data loss is caused by human error, not backing up data is just another example of human mistakes furthering a disaster. Forty percent of small businesses means too many aren’t backing up their data, and more need to be prepared should their servers fail or data be lost in another way.