Disaster recovery (DR) is defined as an organization’s method of circumventing or minimizing data loss and business disruptions resulting from catastrophic events — human-made or otherwise. The fundamental purpose of DR software is to provide continuity and recovery in case of any disruptions.
Our disaster recovery software’s fundamental purpose is to provide business continuity and recovery in case of any business disruption. The critical objective of disaster recovery planning is to recover and restore data and applications in their pre-event or working state in the least amount of time and minimum hassle.
In today’s environment, no organization, big or small, can afford to ignore disaster recovery. The ongoing COVID-19 pandemic has put the focus on the disaster recovery and business continuity plans of the enterprises. Further, there is a marked increase in the number of natural disasters in the last few years.
Any business disruption can lead to a significant financial loss. Infrastructure failure can cost around $100,000 per hour, whereas critical application failure costs range from $500,000 to $1 million per hour. Many businesses cannot recover from such losses. Nearly 40% of small businesses do not reopen after navigating through such a disaster, and about 25% fail within the first year after the crisis.
Business disruption may also result in the loss of credibility and customers, which can take a long time to rebuild. A disaster can also lead to legal and compliance challenges and impact the organization’s return on investment. An enterprise with a comprehensive, reliable, and well-thought-out disaster recovery solution is better placed to bounce back from a business disruption.
Disaster recovery is essential now because of increased digitization and our growing dependence on digital tools and applications to carry out regular and mission-critical tasks. Christophe Bertrand, a senior analyst at ESG, explains, “Data is an asset that must be protected, a business must continue in the face of planned and unplanned interruptions, and compliance requirements must be met. Data growth is not slowing down, meaning that organizations will need to keep planning accordingly and archive a growing volume of data.”
Key Features of Disaster Recovery Software:
Automatic backup of critical data
Reliable and flexible options for recovery
Easy billing structure
Support for multiple data types
Support for multiple platforms
Efficient capture, storage, and recovery of data