Enterprise Backup Software and Data Recovery
Business continuity is vital for enterprises in today’s always-on corporate environment. Enterprise backup software empowers businesses to support near-continuous operations by ensuring that businesses are protected against data loss and breaches.
Just as business has grown more complex, so too has the data upon which enterprises rely. Data that previously was centralized on one or two enterprise servers now is distributed across multiple servers, workstations, computers, and even Bring Your Own Devices (BYODs). This is typically part of an effort to balance workloads, avoid server-contention issues, and provide workers with speedy access to the data they need to perform their work. Today’s data-diverse business environment requires enterprises to adopt solutions that backup information from the range of servers and data silos throughout their organization in order to provide reliable recovery in the event that the data must be restored.
Data Backup Worst-Case Scenarios
The frequency at which enterprise data loss occurs and the significant financial penalties that businesses face when dealing with lost, breached, or corrupt data have increased dramatically.
- Over the past two years, the amount of lost enterprise data has jumped by more than 400%.
- 71% of businesses participating anonymously in a survey about data loss in the workplace expressed doubt that they could recover information following a breach or loss.
- An enterprise’s inability to recover lost data can cost as much as $1.7 trillion each year.
- By 2019, the financial damage caused by data loss will exceed $2.1 trillion.
Extrapolating these figures clearly shows that losing even the smallest amount of information can result in serious financial consequences and damage corporate reputations, deplete profits, and force some enterprises out of business. Businesses required to comply with federal and private regulations also face possible legal action if their sensitive information becomes lost, breached, or corrupt.
Data Loss Comes With a Cost — and It’s Expensive!
The fact is that enterprise data loss and data breaches happen every day. Consider that a 2016 survey of 400 businesses revealed that the majority suffered lost data events five times every month. Moreover, the costs associated with each event became significantly more expensive than the cost of the previous events.
When you consider the cost to recover from the downtime — along with the side effects of lost revenue, lost employee productivity, and equipment repairs — it is not surprising to learn that North American companies reported that their downtime costs exceeded $60 million! When you apply that figure to the number of businesses operating in North America, the total cost of downtime comes to a whopping $700 billion a year!
Enterprise Data Loss Affects Bottom Lines
Another survey found that 80% of 200 IT managers reported downtime costs resulting from lost enterprise data were over $50,000 per hour. 25% of those IT managers reported downtime costs surpassing $500,000 per hour. Even Fortune 500 companies would have a hard time incurring such high costs over a prolonged period of time.
Dun & Bradstreet reported that 59% of Fortune 500 companies incur a lost-data event lasting at least 1.6 hours every week. That equates to a weekly downtime cost of $896,000, or more than $46 million per year.
Back in 2009, a failure at cloud data servers operated by Danger, a Microsoft subsidiary, caused millions of T-Mobile® customers to lose their cell phone contacts, pictures, calendar entries, and to-do lists. Although the glitch did not impact all T-Mobile subscribers, those that were affected were told by Microsoft that recovering their lost data was unlikely.
The Role of Enterprise Backup Software
The fact is that enterprise data loss — whether due to natural disaster, hardware failure, human error, or intentional deletion — is a certainty. The only unknown is when it’s going to occur. For this reason, enterprise backup software should be a central part of a layered defense strategy when planning business continuity and disaster-recovery objectives and safeguarding against data loss.
When considering which enterprise backup software solution to choose, consider the following key questions:
- Can the software conduct backup operations without disrupting business operations?
- Can the software backup and restore complete systems — from the operating system and applications down to the folders, files, and data?
- Is it important for the software to support a wide range of operating systems?
- Is it important for the software to backup and recover databases?
- Is it important for the software to backup and recover email client applications?
- If the worst-case scenario strikes and data is lost, how quickly can the lost data be recovered?
- Can backup and restore operations be performed seamlessly, with little or no complexity?
- To accelerate backup and recovery, can backup and restore operations be automated with little, if any, human intervention?
Enterprise Backup Software From LOGICnow
MSP Backup enterprise backup software from LOGICnow was developed for MSPs and IT professionals that need a seamless and simple solution that can backup data automatically and recover data quickly, with minimal impact to their clients' businesses.
MSP Backup knows no bounds when it comes to backups: entire operating systems and servers can be backed up as easily as folders and individual files. It even backs up critical databases including Oracle, SQL Server, and MySQL, as well application data from Exchange and SharePoint.
For convenience, MSP Backup provides organizations with a default retention period for archiving backups. However, organizations are free to configure custom retention periods in order to meet internal company policies or compliance mandates.
Archived data is warehoused in one of seven global data centers. All data centers deliver round-the-clock physical security and comply with SSAE or ISO regulations. They also hold true to the promise of 99.999% uptime guarantee, ensuring that backup data is available for recovery whenever and wherever it's needed.
To ensure that data is kept confidential, 128- and 256-bit Advanced Encryption Standard (AES) encryption or 448-bit Blowfish encryption is used to secure the data, whether it is in transit or at rest. And because today’s enterprise data may not be limited to a single operating system, MSP Backup was designed to run on a myriad of OSes, including Microsoft Windows and Windows Server, Unix, Mac OSX, and more.
About SolarWinds MSP (formerly LOGICnow)
SolarWinds MSP (formerly LOGICnow) delivers the only 100% SaaS, fully cloud-based IT service management (ITSM) platform, backed by collective intelligence and the highest levels of layered security. SolarWinds MSP’s products — including Risk Intelligence, Remote Management, Backup & Recovery and Mail Protection — comprise the market’s most widely trusted integrated solution.
Deployed on millions of endpoints across hundreds of thousands of networks, the platform has the industry vision to define and deliver the future of the market. SolarWinds MSP provides the most comprehensive IT security available as well as LOGICcards, the first ever IT notification feature powered by prescriptive analytics and machine learning.
SolarWinds MSP’s passion is helping IT professionals secure and manage their systems and data through actionable insights, rewriting the rules of IT. For more information, visit www.logicnow.com.
Windows Networking: http://www.windowsnetworking.com/articles-tutorials/netgeneral/real-cost-data-loss-and-how-prevent-it.html
Business Wire: http://www.businesswire.com/news/home/20160317005983/en/LOGICnow-Significantly-Enhances-MAX-Backup-Disaster-Recovery