Business Continuity And Disaster Recovery – A Survival Mechanism
A profitable business is one that thrives under every circumstance and good business continuity plans are vital for the organizations, as these will keep the business in a running mode through the interruptions. Of the common challenges faced by the business houses are power failures, IT system crashes, software malfunctioning, natural disasters, supply chain problems, political issues, transportation and logistic issues.
In a technology driven business world, when every bit of information is available easily accessible across geographical boundaries, it becomes all the more necessary for every organizations to have a disaster recovery and business continuity process as a part of the organizational strategies. Research has shown that 90% of the business that face disruption finds it difficult to find foot without a proper disaster recovery methods and strategies.
What then is Disaster Recovery? It is a coordinated activity to enable the recovery of IT and business systems after any disruption. This can be achieved by restoring the IT or business operations at any alternative location, recovering the operations using alternate equipment, or performing operations through alternative methods, which may include manual methods too.
Disasters are no more incidents that occur once in the product lifecycle. Anything from data corruption, virus infection of the data storage area, security breaches, software bugs, hardware failures are all reasons which may cause a system or an organizational unit to stop functioning. Hence most companies both small and medium enterprises and large business houses prefer to put a proper disaster recovery strategy in place alongside the other organizational strategies.
Business continuity planning on the other hand is a more comprehensive approach to ensure the flow in business come what may. With the continuity of business and its effect on the workforce as its core areas of concern, these two methods have been merged as one under the same strategic umbrella. Hence whether it’s an IT organization, a supply chain management company, a manufacturing unit or just an administrative concern, the Business continuity and disaster recovery plans revolve around the security issues and clarity in communication.
Organizations that provide this business continuity disaster recovery need to respond to disasters in a systematic and non-chaotic manner. The solutions provides should be able to retrieve and protect the organizational data against potential threats, minimize disruption and operational losses, manage recovery operation in effectively, restore and build back confidence of investors, stakeholders and customers, managing the brand image and reputation as well as survive through the disaster.
Available both as outsourced and built–in and transfer models, the organization has the option of choosing depending on their IT infrastructure. The outsourced models facilitate Electronic Data Vaulting, Work Area Recovery – Implementation & management, End-to-End Services. The organizations use data centers in Mumbai, or a colocation service, the business continuity regulations worldwide; command the need for a proper Disaster Recovery Plan.
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