Outsourcing the problem
Resilience has become the buzzword for the modern business. It is, as McKinsey points out, the ‘critical prerequisite for corporate performance’. It is also what underpins the organisation’s ability to bounce back from black swan events, unexpected political upheaval and yet another round of uncertainty brought on by the unexpected and unplanned. Resilience is the foundation on which the organisations should build their disaster recovery strategy and around which they should focus their investment.
Because the statistics that surround the failure to embed disaster recovery into the business are unpleasant. For example, the Federal Emergency Management Service Agency finding that around 40% of small to medium enterprises don’t recover after a disaster, and, perhaps even worse, 25% that do reopen, don’t stay that way after a year. The IDC State of Data Protection and Disaster Readiness 2021 survey found that the biggest challenges facing organisations when it comes to disaster recovery are backup reliability, costs, budgets, restore reliability, restore speed, and admin. The survey also found that 43% of organisations permanently lost data due to cybercrime, 31% lost revenue, 49% paid more in employee overtime, and that the cost to business was higher than most anticipated.
Resolving this demands strategy and support:
- Planning is essential. You need to know exactly what steps, processes and controls need to kick into gear when the business hits a state of disaster. This plan needs to encompass cybersecurity threats, technology failure, natural disasters, and system downtime at the very least, but the more scenarios the better.
- Invest into the right technology and toolkits. Whether you’re placing your trust in the cloud or onsite or a hybrid mix between the two, ensure that your systems have the right types of backup, process and planning in place. You need to be assured that your systems are capable of mission critical risk mitigation at speed and that your data remains secure.
- Create a disaster recovery team or hierarchy so there’s always a chain of command. This is essential because in a crisis scenario, your teams are going to be stressed and under pressure. If everyone knows what to do and where to go, then there is more chance of making the right decisions at speed. And speed can change the outcome, especially in a cyber-attack, significantly.
- Collaborate with a trusted third-party service provider to unpack every level of your disaster recovery planning and business, and then to undertaken management of disaster recovery elements and services so that you know that your business is in safe hands. With the right partner, you can build a highly resilient and capable disaster recovery plan that’s comprehensively aligned with your business and your budget.
This is why ETZ Global has developed a robust disaster recovery solution.
We can provide you with exceptional disaster recovery support. We will minimise your downtime and mitigate your risks by ensuring that you are prepared for potential disaster and that your company is resilient enough to manage whatever uncertainty lies ahead. Our solutions and services include cloud-based disaster recovery, AWS CloudEndure Disaster Recovery, continuous data replication, point-in-time recovery, SAP HANA data recovery, enterprise-grade security, backup and recovery high availability and so much more.