It takes a little thought and consideration to get there, but you’ll see that disaster recovery is without a doubt a good thing. The amount you invest in disaster recovery is always smaller than the opportunity costs of data loss and business downtime. However, we’re going to take a different angle on the topic.
Let’s say your business has to cut some expenses from its budget. This is almost never an easy decision.
On the other hand, what you need to keep is simple– disaster recovery. Consider what would happen to your budget if you lost your data, couldn’t restore it, and had to spend days without operating.
A recent CIO article contains the results of a survey regarding budget cuts. Here’s what they found:
- 51% said that security planning programs should remain on the budget.
- 42% said that disaster recovery testing should be last in line for budget cuts.
Essentially, this tells us two things about disaster recovery:
1. It’s a priority.
Many respondents said that disaster recovery shouldn’t even be considered when eliminating expenses. Of all the things your business can afford to do without, disaster recovery is not something that makes sense to remove.
2. Disaster recovery saves money.
After digging a little deeper, the survey results suggest that disaster recovery has a positive return on investment. Recall that the survey respondents were asked to identify expenses that should and shouldn’t be cut. They said that disaster recovery should be last on the list, because removing it would not improve the budget in the long-term. They’re thinking ahead to the time when they’ll need it. At that time, it will pay itself off, and they’ll be thankful they had it.
All in all, every company would benefit from having a disaster recovery system in place. This service can make sure that your information will never be lost and can make the event of a disaster a lot less stressful.