For the future of your SMB to be sustainable, you have to have reliable business continuity and data recovery services. Most people equate business continuity to data recovery. But the former goes beyond getting your systems up and running after a disaster. You could retrieve your data and applications from the cloud. But it would be meaningless if your teams can reach clients after a devastating fire, flood, or power outage.
During COVID-19, power-related and internet outages were the largest reasons organizations were forced to put their business continuity strategies into action. Many weren’t prepared…Are you?
To understand what continuity means for your business, you need to have a look at the grim reality and statistics of IT downtime. According to Gartner, a single minute of downtime would cost $5,600, translating to a massive $336,000 per hour.
Since businesses operate differently, these figures may vary widely. Some organizations may lose as much as $140,000 per hour of downtime. While others may incur a whopping $540,000 for the same period. For some, it’s a matter of life and death, as the costs may soar beyond $5 million.
The chance is that your business may never recover completely if downtime extends to 24 hours. Even if you recover all your data and get you systems running again you may lose your customers to your competitors. This is why 40% of businesses collapse within 2 years after a major disaster according to FEMA. But EB Solution is here to take care of your business continuity needs by ensuring easy and reliable data recovery.
Here are some common causes of downtime:
Efficient business continuity and data backup services should take the shortest time possible to get your business back on its feet after a major disaster. This would not only limit the cost of downtime. But would also ensure your clients continue receiving your services and wouldn’t need to go to your competitors.
Here are the strategies helping us to ensure quick continuity of your business after a disaster:
Businesses can never be too prepared for the unexpected. The last thing you want is to be stuck with a large amount of data you can’t access. So, make sure you have a plan in place to make sure you can always get your data back.
Want to learn more about our business continuity and data recovery services? Schedule a quick 10-15 minute call with us or just leave us a message.