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5 Benefits of Managed Disaster Recovery Services

An updated, tested, proven disaster recovery program is essential - leveraging a managed disaster recovery partner can help.

Protecting data from an unplanned outage is one of the most important ways a company can ensure long-term success. According to the Economist1, the most valuable resource in the world is no longer oil – it is data. Data forms the foundation of business processes in all industries, in companies small and large.

Without access to data, a company loses revenues – an estimated $300,000 per hour2 on average, according to a recent survey. This makes managing disaster recovery, and ensuring that your company recovers data in the shortest possible time, critical to the success of the enterprise.

In the face of this type of loss3, 60% of companies that lose their data to a disaster will fail within six months of the event. And while many companies have a disaster recovery plan in place, those plans are useless unless they are monitored, tested, and updated regularly. Using internal company resources to manage your disaster recovery plan may not be the best solution for an enterprise: requiring advanced, updated skill sets, resources, and constant monitoring and management to be effective.

Engaging a partner for managed disaster recovery services can benefit a company in a number of ways. These include:

1. Cost control

Managed services can help to reduce the total cost of ownership for a company’s disaster recovery program, by reducing capital expenses, and relieving the administrative burden of setup, testing, and optimization so that internal resources can be channeled to higher-level objectives.

2. Accelerated implementation

Building a disaster recovery program from scratch can take a long time, and is a high-profile, complex, resource-intensive project. Whether you need an updated or brand-new disaster recovery program, leveraging the skills of an expert MSP will reduce the timeline to a fully-functional DR program from months to days.

3. Regulatory compliance

A managed disaster recovery program will help a business to maintain compliance with regulatory and oversight requirements. A sound, comprehensive DR program provides a clear audit trail and helps an organization to meet industry and enterprise conditions for data security and compliance.

4. Improved recovery time

A managed service provider will ensure that a disaster recovery plan is operational, tested regularly, and updated to ensure that the time it takes to recover data is minimized. Some MSPs also provide access to additional resources, including temporary facilities and assistance to continue operations, even in the most difficult of circumstances.

5. Access, transparency and control

With a managed disaster recovery service, your company has full transparency into the DR process, with on-demand or regularly scheduled reporting and testing. Access to data can be improved by leveraging updated technology, such as cloud DR; while control is improved with the more efficient channeling of resources away from administrative duties, toward control optimization.

Only 28% of enterprises4 test their disaster recovery programs regularly (weekly or monthly) – 50% test once a year, and 20% never test their program at all. Without regular testing and optimization, there is no way to know whether the DR plan will actually work – and certainly no way that any issues or challenges can be addressed before disaster strikes.

Implementing a disaster recovery program at your company greatly improves the chances of survival in the event of data loss. For enterprises that already have a disaster recovery program in place, regular testing, updating, and improvements can help to improve the effectiveness, recovery time, and efficiency of their program.

However, disaster recovery is a complicated, resource-intensive program with consequences that could affect the long-term viability of an organization. Give your organization the best chance for success by leveraging the expertise of a disaster recovery MSP.

 


Sources:

  1. https://www.economist.com/leaders/2017/05/06/the-worlds-most-valuable-resource-is-no-longer-oil-but-data
  2. https://www.statista.com/statistics/753938/worldwide-enterprise-server-hourly-downtime-cost/
  3. https://resqdr.com/6-shocking-statistics-on-disaster-recovery/
  4. https://www.statista.com/statistics/872947/worldwide-enterprise-disaster-recovery-testing-frequency/