Many companies plan for their success, but the great one’s plan for their disasters too, that’s exactly what cost reduction disaster recovery does. This idea might seem obvious, but it often is forgotten when dealing with the everyday challenges of running an enterprise. That said, it’s imperative to think about cost reduction strategies before a crisis happens. It might be a cliché, but failing to plan is a plan to fail. When disaster strikes, every minute you delay can cost your enterprise potentially millions of dollars. Even smaller enterprises can be crippled by just one day of delay.
What do we mean when we talk about cost reduction disaster recovery?
In simple terms, a cost reduction disaster recovery strategy is a plan for your IT in the event of a natural disaster, a power outage, or a network event that might take your business offline. Almost all infrastructure and IT companies have solutions that give various levels of protection but deciding on where to spend a limited budget can be tough when faced with the nearly limitless options. We are here to help you understand the basics on how to make your cost reduction disaster recovery strategy as efficient as possible.
Begin an audit to understand your organization’s compliance requirements.
For many enterprises, backup and disaster recovery isn’t just a good idea—it’s a legal requirement. Agencies like the FDIC list their requirements for organizations under their jurisdiction. It’s imperative to check these requirements to make sure that any plan your organization comes up with meets those minimal requirements. While making this audit you can also use it as an opportunity to understand the approximate cost of downtime per hour. Beyond damage to your reputation and loss of trust with consumers, this will give you a better picture of the amount of financial damage if you don’t have a comprehensive cost reduction disaster recovery strategy. If you’d like to read more on this type of audit, we’ve come up with a handy guide in our blog post, How Much Should You Spend on Business Continuity and Disaster Recovery?
Simplify your storage complexity.
As companies grow, so do their IT needs, this often leads to multiple ways to store your company’s data—which can lead to unnecessarily complex systems as that storage is spread between multiple clouds, vendors, and data centers. This is why it’s so vital to simplify your storage complexity.
Using a strategically located data center with ample redundancies in power supply, infrastructure, and connectivity can be a great option for a growing organization. Our Houston 2 data center is exactly that—large enough to handle any growth and storage need your organization might encounter, but with all the settings in place to handle your disaster recovery with minimal hiccups.
Plan it from the ground up—don’t piece meal a plan together. Get these basics right the first time.
Many times, an organization’s cost reduction disaster recovery strategy is developed over time. As your organization’s needs change, tweaks are made to an already out-of-date strategy. Here are a couple of strategies that we’ve found are universal to any plan that works. For more info on these, please check out our blog on 6 Cost Reduction Strategies for Enterprise IT.
- Use a Managed Service Provider to improve efficiency and reliability.
- Get your cloud under control with a cloud cost management platform.
- Virtualize your databases to save on storage costs while allowing for more flexibility.
Any good cost reduction disaster recovery strategy will be multifaceted and take time to implement. If you’re curious how our Houston 2 data center can make your plan become a reality, we’d love to show how we fit into the equation.
Reach out to schedule a tour today or get a quick quote.
