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Advantages
Disaster recovery is the ability to restore “normal” operations after a disaster has disabled or interrupted your operations.

The combination of an intelligent disaster recovery plan and a truly dependable “on-call” disaster recovery solution mitigates and minimizes the financial, operational, and business impacts to your organization.

Disaster Recovery Challenges
Even if your company already has a disaster recovery plan and equipment in place, you may still face the following business and technical challenges that a High Plains DataBank disaster recovery solution can solve rapidly and cost-effectively:

Data Availability
Your business cannot afford to lose the ability to access and manage mission-critical information. You must be able to resume operations quickly. It would be desirable to resume at the point at which operations ceased, while preserving the last transaction or business process step completed. In order to achieve this you must keep your most current data and have it available and ready to go on a moment’s notice, at a location safely removed from the disaster site.

Government Regulations
Governments are mandating that companies protect their data. For example, United States regulations on data protection now apply to health care (HIPPA), financial services (SEC 17a4), corporate accountability (Sarbanes-Oxley Act), life sciences (21 CFR Part II), and government (DoD 5015-2). Around the world the story is similar, from the New Basel Capital Accord (Basel II) globally to RIPA and FAS in the UK and COB in France. Beyond government regulations investors and even insurers are insisting that businesses put in place feasible disaster recovery plans to protect critical information.

The Costs of Disasters
There are two different effects from a disaster: direct short term costs and revenue loss, and indirect long-term costs of damage to the business. The revenue can be quantified as seen below, but the lingering consequences to the business can be further reaching. Recovering data and highly available information access can help organizations reduce or avoid, at a minimum, direct and indirect costs:

Imagine you’re company does $3 Million per year in revenue. If you take 52 weeks in a year and average a 40 hour week then you would be losing revenue at an average of $1,442.31 per hour if you encounter a disaster that rendered you company’s data unavailable. Direct costs also include labor (plus benefits and other loading costs) as well as other resources such as contractors, machinery, facilities, etc.

These are the most obvious, but they represent only the beginning of the impact. Indirect costs might include alienating your clients and impacting your long-term business revenue.

• Example: $3 Million per year business
  • Losing 2% of your business could equate to $60,000. It could be     more or less, but the impact is very real
  • These impacts can be long-term and not just one-time

These costs can add up very quickly and do not include the consequences of a true total disaster where your data is lost and unrecoverable. This can include:

• Inventory records (necessitating an expensive complete re-inventory)
• Client lists and contact information
• Transaction and business records
• Missed deliveries/deliverables causing more strife and lost business
• E-mail and e-mail records
• All internal company documentation, records, policies, etc (all will have to be re-created)
• Accounting records and IRS documentation will be lost and expensive penalties may occur.
• The list is endless.

It is important to note that only 6% of companies suffering catastrophic data loss survive, while 43% never reopen and 51% close within two years.