In our digitised and interconnected world, it is increasingly the case that a company’s most valuable assets are not its machines or premises, but the data that it possesses.
Customer records, invoices, and other documents needed for the day-to-day running of today’s businesses are increasingly stored digitally instead of in paper form, both for space-saving and cost purposes. Digital records also enable data to be generated and recalled quickly – a must in today’s fast-moving business culture and customer expectations.
However, this also means that data loss for whatever reason can be catastrophic for businesses. The magnitude of disruption will depend on the type of business, but generally even companies that don’t have a core digital business depend on digital records for the smooth running of non-customer facing operations. Needless to say, companies which rely on e-commerce and the Internet will find data loss to be a calamitous event, one which keeps CTOs up at night.
Therefore, keeping a comprehensive backup of business data is crucial to any business continuity and disaster recovery plan. While the big one can strike at any moment, it need not leave your business reeling from it. Data backup should be part of every SMEs’ plan should the worst happen.
WHY BACK UP YOUR DATA?
In case you think your data is secure, consider that:
Hard drives fail. All the time. In fact, the hard drive rate of failure increases exponentially as the drive is used past the five-year mark.
Human error is responsible for a large portion of data loss, either through employee incompetency or a malicious actor.
Disasters happen with alarming regularity. And not just natural disasters – man-made disasters like fires can bring down server rooms surprisingly quickly.
Data loss doesn’t just affect lost time in operations. As every business owner knows, time is money. Without a quickly available backup:
You’re not making money if a critical part of your environment is down.
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Denne historien er fra November 2018-utgaven av SME Magazine Singapore.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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