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Disaster Recovery

Disaster recovery is the ability to recover from an event impacting the functioning of your organization as quickly and completely as possible. The type of disaster may vary, but the end goal is always the same.
Disaster recovery planning is a lengthy and complex process, which demands significant contribution in terms of time and money from the management of the organisation. The immediate question that comes to our mind is:
Why should one care about Disaster Recovery Planning?
The following are some of the reasons to justify:
Business Survival:
Survival of ones business may depend on proper Disaster Recovery Planning. For example – if some of the business critical applications become non-functional after a disaster strikes, then it may be extremely difficult to stay in business very long. It is important to ensure fast recovery after a disaster so that one moves quickly to business as usual, instead of business failure.
Loss of Business Opportunities:
The stoppage of business operation due to a disaster may result in loss of business opportunities and / or loss of customers.
Additional cost of operation:
The stoppage of business operation due to a disaster may increase expenses due to the downtime, which in turn may lead to the risk of poor profitability and potential business failure.
Contractual Obligations:
In some business there are contractual obligations. For example many clients stipulate in their contracts that suppliers must deliver the services as per the terms of agreement. Failing to keep the contractual obligation, due to a disaster, may lead to several hindrances.
For a public company or a bank or a utility service unit or a government agency, proper Disaster Recovery Planning may be a necessity by law.