By Lisa Maxwell on August 24, 2018
In 2017, it seemed like there was one natural disaster after another. Many parts of the US experienced heavy flooding, widespread wildfires, strong hurricanes, earthquakes, and other devastating acts of nature. With them came strong economic impacts for many businesses.
“According to the Federal Emergency Management Agency (FEMA), more than 40% of businesses never reopen after a disaster, and for those that do, only 29% were still operating after two years. And guess what likely becomes of those that lost their information technology for nine days or more after a disaster? Bankruptcy within a year.” – Will Your Business Recover From Disaster? Forbes
How does this happen? Many scenarios can cause a business to temporarily lose their IT:
- Water or fire damage to equipment. In case of a disaster, even if you do have a backup of your data that was not damaged, you will not be the only one who needs new equipment. It can take days or weeks to replace equipment and restore data. And that’s assuming you have a good backup. Many businesses don’t test restoring their backups regularly to make sure that all files are being properly backed up.
- Lack of access to equipment. If the building becomes inaccessible, even if the equipment hasn’t been damaged, you can’t use it if you can’t get to it.
- Power outage. If you can get to the equipment and it hasn’t been damaged, but the power is out for an extended period, it will be unusable.
Our Sage cloud hosting partner, Summit Hosting, has many customers in areas that experienced loss of power, physical access to the office, and/or internet connectivity for days and even weeks at their place of business. But thanks to the fact that their business software was hosted in the cloud, they experienced zero data loss and minimal - if any - loss of productivity. Employees were able to continue working remotely, ensuring business continuity. All they needed was a computer, laptop, or even mobile device and an internet connection, and they were able to continue operations from anywhere.
While it may be nothing but blue skies right now, will you be ready next time a disaster threatens your business? Talk to us about private cloud hosting for your Sage applications.
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