You never need insurance until you don’t have it.  Expect the unexpected right? A Disaster Recovery plan is insurance for the unexpected.  By expecting to encounter a disaster in which you need to restore critical data from another source, you are protecting your business from such a disaster.

However, determining your company’s specific needs for Disaster Recovery can be a complicated task. CIOs have to understand that the lack of a comprehensive Disaster Recovery plan can have a serious impact on ROI, a key indicator as to how successful CIOs are measured.

According to Jeffrey Miller, IT Director at Houston-based Cotton Cos., an organization can measure the ROI of disaster recovery plans, notably data recovery plans, by looking at the cost to the business should a disaster strike. “If we lost all our data, it would be equal to losing $1 million or so, not counting all the lost productivity and the manpower involved in trying to restore the data,” Miller said.

The most important factors a company needs to consider when crafting Disaster Recovery plans are how long it can afford to be down and how current it wants recovered data to be.

Companies are smart to outsource such a vital task as backup and Disaster Recovery to an outside vendor — a specialist with the right technology, the best practices, the experience and the facilities to manage it successfully.

Companies that have comprehensive disaster recovery plans in place — including secure, remote, automatic backup for recovery of business-critical information -– are the companies that will see the highest ROI if and when the worst hits.

Source: SearchCIO.com

To learn more about how Digital Reach, Inc. can develop your Disaster Recovery Plan, click here.