risk
management
Our disaster recovery solutions safeguard your employees, systems applications and operations
Although the chances of losing your total operation
may be slim, the days, hours or even minutes
of inoperability can cause a tremendous blow to
your
organization in the form of lost wages, data,
revenue and customer satisfaction. The cost of
downtime — per
minute, hour or day — can range from several
thousand to millions of dollars, and can even
cause your company to go out of business.
Every company
is at risk for potential disruptions which can
cause a loss of data, connectivity or
facilities. Some examples include:
- Power outages
or loss of utilities (water, electricity, Internet)
- Pipe
bursts, roof leaks or sewer backups
- Network
or telecommunications system failure
- HVAC failure
- Hardware or equipment failure
- Fire, flood, earthquakes
and other natural disasters
- Security breaches
or vandalism
- Loss or interruption of major suppliers
or service providers
- Human error
Even positive changes can impact
your business resiliency needs
When developing your organization's business
continuity plan, it is important to anticipate
negative as well as positive business changes
that can impact availability
and accessibility. Issues such as major new business wins, acquisitions and
mergers can bring your organization to a halt
if you grow too fast:
- Unexpected expansion
- Staff overflow due to additional
work
- Seasonal peaks
- Unpredicted and crippling Web
and phone traffic
What's an acceptable level of risk for your business?
With the risk of downtime far outweighing the
costs of developing a business
continuity strategy,
few organizations can afford not to have one.
Preparing
for the unexpected with a workplace
recovery plan is the first step in
ensuring your business buoyancy. Experts recommend
that a business continuity plan
be built into the current framework of an organization – not outside
of it. Recovering your data is only one minor part of the plan; the information
is of
no use unless your employees have access to it and are able to use it.
A significant business interruption can impact all facets of an organization:
- Revenue
- Communications
- Market share and brand equity
- Credit ratings
and stock price
- Important data and business
records
- Customer retention, loyalty and satisfaction
- Transaction
data
- Call center operations
- Productivity
Learn more:
Business
benefits of workplace recovery
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