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4 Benefits of Disaster Recovery Planning

4 Benefits of DR
July 16, 2018 / Evolve IP

Many disasters can quickly knock out your entire corporate network or database. If you don’t have a disaster recovery plan in place, chances are that the consequences will be severe. The National Archives and Records Administration reports that 93 percent of companies that experience data loss and downtime, extending for 10 or more days, will file for bankruptcy within 12 months. In addition, 43 percent of companies that do not have a disaster recovery plan will go out of business in the aftermath of major data loss.

A disaster recovery plan describes scenarios for resuming work quickly and reducing interruptions in the aftermath of a disaster. It is an important part of the business continuity plan and it allows for sufficient IT recovery and the prevention of data loss.

The obvious benefit of having a disaster recovery plan is business continuity, regardless of the circumstances. Having a strategic approach to business continuity can help a company in a number of other important ways.

Here are the top 4 benefits of disaster recovery planning:

 

1. Cost-Efficiency

Disaster recovery plans have multiple components. The most important elements include:

• Preventative measures that reduce the risk of a man-made disaster taking place

• Detective measures aimed at identifying unwanted events quickly

• Corrective measures that restore lost data and allow for business processes to resume in the aftermath of a disaster

To accomplish these goals, you will have to A) run analysis of potential threats, B) maintain IT systems in optimal condition, and C) seek innovative solutions that will guarantee business continuity and focus on cybersecurity.

On-time updates and opting for more innovative hardware and software can potentially save organizations a lot of money in the long run. Furthermore, an even bigger shift is being seen with more and more organizations adopting a cloud-based data management instead of local storage and operations. This pivot, as a part of disaster recovery planning, can minimize the cost of archive maintenance and the creation of comprehensive backups.

 

2. Increased Employee Productivity

A disaster recovery plan will have to be executed by the right people. When specific roles and responsibilities are assigned in advance, effectiveness and productivity will both increase.

In some instances, disaster recovery planning can mean having at least two people that are capable of handling the same task. Such redundancies can prove to be incredibly beneficial in the long run. When multiple employees are capable of handling a given task, organizations can benefit from peace of mind pertaining to overall the integrity of the network. Additionally, if someone is out on vacation or on sick leave, there will still be a qualified individual within the organization capable of dealing with the respective task.

Likewise, the same cross-training rule applies when an employee leaves the company. These are just a couple of scenarios that could be anticipated and addressed in a disaster planning strategy.

 

3. Greater Customer Retention

Clients today expect nothing short of perfection and reliability. They are not forgiving in the case of failures or downtime. When a certain business cannot meet their expectations, clients will simply move on to another service provider.

Disaster recovery planning enables businesses to maintain a high service quality, regardless of the circumstances. Reacquiring an old customer in the aftermath of an IT disaster can be nearly impossible – a disastrous effect that so many businesses have experienced firsthand.

In some industries, customers will be affected heavily by downtime. This is especially true for B2B service providers.  The integrity of your business will affect the integrity of client enterprises. As a result, a chain reaction can lead to the potential failure of multiple businesses and a degraded reputation.

Reducing the risk of downtime and data loss means your clients can rest assured they will receive an adequate service even after disaster strikes. As a result, investing in disaster recovery planning is one of the imperatives when it comes to sustainable customer retention.

 

4. A Better Understanding of Scalability

One of the key things you will have to do when planning disaster recovery is identifying innovative solutions. Technologies like cloud-based data storage and backups simplify the process of archive maintenance, enhance the effectiveness of backups and reduce the cost of disaster recovery.

Because cloud options are easily scalable, they offer more flexibility than the maintenance of an onsite or offsite data center. A switch can be completed far before a disaster strikes (if ever) and as the technical demands of the company adapt, so too will the storage solution being utilized.

Disaster recovery planning begins with a thorough research and a comparison of possibilities. Businesses who engage in such a strategic process can quickly uncover data storage solution that makes a lot more sense than the one being currently utilized and that can be tweaked on the go.

 

Disaster recovery planning can streamline IT processes, help for the elimination of superfluous hardware and reduce the risk of human error. In a sense, you are not just preparing to recover in the aftermath of a disaster, you are working to make your business more resilient and profitable.

Disaster Recovery Planning?

Hardware fails, hackers attack, and disasters happen. Use this template to create your DR plan to prepare your organization from common IT-based business disruptions.

Categories: Business Continuity & Disaster Recovery
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Compliance is a way to do business … not an afterthought when clients need it.

At Evolve IP we have a dedicated compliance and security practice and work with two of the world’s top 3rd-party compliance auditors, Grant Thornton and Ernst & Young, to enable customers to extend their compliance to our fully audited cloud. This focus allows us to deliver the documentation and assurances that other’s simply cannot including HIPAA / HITRUST, PCI-DSS (all 12 sections), SOC 2/3 and more. The Compliance CloudTM includes true client isolation, encryption in transit and at rest, private VLANs, firewalls and dozens of other security measures.

 
 
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    David Frankil, Chairman of the NJCUL Services Corporation and President/CEO of the New Jersey Credit Union League

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What the Experts Think

Our analyst-acclaimed solutions are built on a world-class, compliant architecture that leverages the blue-chip technologies organizations already know and trust.

Gartner

We deploy best-of-breed solutions including: Disaster Recovery, Contact Center, Unified Communications, DaaS, IaaS. Our services are analyst-acclaimed, vendor-validated, client recommended and award-winning.

HITRUST

Evolve IP is proud to have achieved the honor of being HITRUST CSF certified! Certification to the HITRUST Common Security Framework (CSF) affirms that all of Evolve IP’s cloud computing and cloud communications services adhere to the strictest security standards for electronic protected health information (PHI). The HITRUST security standard was developed by and for the healthcare industry as a means of going above and beyond the compliance requirements of HIPAA.

The HITRUST Common Security Framework (CSF) was developed to address the multitude of security, privacy and regulatory challenges facing healthcare organizations. The HITRUST CSF was developed by healthcare and IT professionals to provide an efficient and prescriptive framework for managing the security requirements inherent in HIPAA. HITRUST CSF rationalizes healthcare-relevant regulations and standards into a single overarching security framework. An important part of the “What is HITRUST” answer is understanding that the CSF is risk-based and compliance-based so that organizations can tailor the security control baselines and vendor management programs that they follow based on their specific organization type, size, systems, and regulatory requirements.

HIPPA

The Privacy regulations of the U.S. Health Insurance Portability and Accountability Act (HIPAA) require health care providers, organizations, and their business associates, develop and follow procedures that ensure the confidentiality and security of protected health information (PHI) when it is transferred, received, handled, or shared. This applies to all forms of PHI — paper, oral, and electronic, etc. Those who fail to adhere to HIPAA can suffer from huge fines climbing into the millions of dollars for major violations.

The Compliance Cloud™ fully enables covered entities and their business associates subject to HIPAA regulations to leverage a secure environment to process, maintain, and store protected health Information (PHI) featuring among other controls.

SSAW 16 Service Organization Control II (SOC 2)

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Forbes

While Forbes regularly features coverage and recognition about Evolve IP, they've most recently recognized Evolve IP as being the "Best Cloud Computing Companies And CEOs To Work For In 2017".  They've ranked Evolve IP in the Top 3 just behind Google and Microsoft in the Cloud Infrastructure classification.  (Feb 2017). Forbes  also recently recognizes Evolve IP for bringing Singer Equipment Corporation, a mainstream business based in PA, into the cloud by means of unified communication. (Sept  2017). Last year, Forbes recognized Evolve IP's survey of 1,080 executives citing that the number one reason to go to the cloud is the same reason that it is avoided. (Mar 2016).

Unified Communications Product of the Year

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The story of this year's Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top," says Inc. President and Editor-In-Chief Eric Schurenberg. "You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don't achieve that kind of success by accident.

Payment Card Industry Data Security Standard (PCI DSS)

Evolve IP has achieved Payment Card Industry (PCI) Data Security Standard (DSS) compliance covering all 12 sections of the PCI DSS. The PCI data security standard is a comprehensive set of standards that require merchants and service providers that store, process, or transmit customer payment card data to adhere to strict information security controls and processes. It was created by the founding brands of the PCI Security Standards Council, which includes American Express, Discover Financial, JCB International, MasterCard Worldwide, and Visa Inc.

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Red Herring has named Evolve IP as one of the Top 100 Companies in North America.  Red Herring’s Top 100 recognizes the leading and most promising private companies from around the world. Among the over 20 criteria used to analyze companies for the award, Evolve IP was noted for its financial performance, technological innovation, customer footprint, the DNA of its founders and addressable market.

Red Herring selects the award winners for North America from approximately 1,200 privately financed companies each year in the US and Canada. Since 1996, Red Herring has kept tabs on these organizations and its editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Palo Alto Networks and eBay would change the way we live and work.

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