We all know that accidents don’t tell and come. Moreover, once they occur only then one tends to realize the consequences of it. Disaster recovery plan is a precaution for the same, main goal being formulation of a detailed recovery plan.
The information or data are one of the main constituents of each firm which once lost can ruin the whole firm. Like some disasters are not in hands of humans which can happen at any moment of time and can cause destruction.
There are many instances that prove the firms not having any disaster recovery plan mostly get closed or have to bear a very hard time resuming things back as before. As per a report given by The Institute for Business and Home Safety around 25 percent of companies do not reestablish after occurrence of major disasters.
According to the USA Small Business Administration when New Jersey was affected by Hurricane affected in year 2012, it cost around $819.8 million for the recovery loans. It can also happen that due to some manmade or natural disaster or accident the crucial data of the company may be lost forever.
Most of the companies do not realize how pivotal a DRP is for a firm. They tend to realize that when the disaster actually occurs and when they are not in a situation to get to normal situation.
Table of Contents
How it all works?
A disaster recovery plan basically consists of two components: on-premise backup and a cloud backup. These two components basically work together and get the company back to normal after a significant disaster takes place. It is all about the geographical data replication which is involved in the whole process.
Is it pocket friendly for SMBs?
The DRP is quite popular with the smaller firms and it comes at pocket friendly rates for them. It is basically important for those who may not have an IT infra for complex premise based system. An average cost of downtime for a SMB is over $ 8,500 per hour among the U.S companies.
Is it scalable?
Working on cloud always is way easier and scalable than on locals. Same way for the cloud disaster recovery plans as your work on cloud grows along. This solves the purpose for the firms to have their data secure. Moreover, the firm does not need to pay thousands of upfront costs which they do not really require. The cloud disaster recovery lets you pay for all what you require and when needed by you.
Is the data protected?
The best part of DRP is that it saves and backups your confidential info and data by itself automatically, to make it secure. The data protection operates in real time and is reserved in multiple locations which is a replication of data that ensures data security.
So, if your firm does not have a cloud backup then it’s the right time to make a change that is way more secure.
Chat With A Solutions Consultant
Drake Cage8 years ago
How long does it take to prepare the backups and restoring them when needed?
Kartik Yadav8 years ago
Backing up data is mostly a continuous process. As you add more data, it will be backed up. Recovery Point Objective determines how frequently your data will get new backup. Restoring time also depends on the amount of data to be restored. These factors depend on your plan and DRaaS provider.
Felix Beier8 years ago
My Disaster recovery service provider offer choice of keeping the backup on cloud and separately located physical drive. That’s the best thing about it.
Christian Axelsson8 years ago
“25 percent of companies do not reestablish after occurrence of major disasters”…seriously? I was not expecting that much.
Niall Kennedy8 years ago
Disaster recovery plan is like an insurance plan. But it provides the actual things back, instead of compensation for the wreckage. Very logical and important for businesses to have it.
Lance Willett8 years ago
What if disaster recovery plan meets a disaster?
Kartik Yadav8 years ago
Very much possible. And there is recovery plan for that as well. Most Disaster Recovery as a Service (DraaS) providers use multiple datacenters for backup. Sometimes they even use other providers (as mutual support). In short, they have a disaster recovery plan as well.
Harry Garfield8 years ago
What if my data is lost due to some software error? Disaster recovery planners will give me my data or should I wait for cyclones to crush my hardware first.
Kartik Yadav8 years ago
You can get the backup of your data from your DRaaS provider anytime you need it. It is not just about hardware damages. In technical term, system crash, software errors, data theft, etc. are also considered disasters. And, make sure that you choose a reliable disaster recovery plan.
Hank Downey7 years ago
Disaster recovery plan(DRP) make a valuable difference between corporations that can profitably manage crisis with negligible efforts, cost and less consumption of time and those that are left selecting the pieces for unimaginable lengths of time and at any cost providers set to charge. Business continuity, loss prevention and minimize damage are the ultimate objectives of disaster recovery plan.