Preparing for data loss is critical for all businesses. 93% of businesses that lost their data center for 10 days went bankrupt within a year. 43% that experience a disaster simply never reopen, and only 6% of companies who experience data loss survive in the long term. Having a disaster recovery plan in place will help companies be prepared in the event something happens. Clearly there is a need to realize that equipment failure is a reality, and the only question is when it occurs and how severe the failure will be.
Creating a disaster recovery plan involves several steps. The first is to determine which information is critical to business operation and must be recovered as soon as possible, and which can wait till the critical data has been recovered. The next step is to perform a risk assessment, examining a business’s setup for likely points of failure, both physical and digital. Once these risks are identified, solutions to reduce them can be put into place.
SingleHop is a provider of hosted IT infrastructure, including cloud hosting and dedicated servers, based out of Chicago, IL.