Category: IT Management

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There are only two types of businesses: those who have lost their data, and those who will

The portable computer was the secret business weapon of yesterday, and is today’s essential business tool.  The processing power, portability, storage, and connectivity available with laptops, tablets and even smartphones can create a seamless extension of the office.

Truly, the workforce of today is mobile and fully-enabled.  Business owners, working in conjunction with their accounting advisors and business consultants, are able to access all the information and analytical capability they need to make informed business decisions at any time, capture and collect important information, and keep productivity at the highest levels no matter where they are.

Mobility doesn’t come without risk, however.  Some studies estimate that as much as 80% of the business data that a company has (like customer files, contracts, financial data, product specifications) is stored on portable computing devices.   While these files may be recoverable from backups in the case of loss or damage, there is an even larger potential cost in terms of exposure of confidential or proprietary – or personal and private – information.

Loss or theft can create big business and legal problems, too. Customer or client privacy may be compromised, sensitive information may be exposed, and confidential plans may be made public if a business doesn’t take steps to secure mobile data.   Software and network attacks are also prevalent, with a variety of exploits designed to take advantage of any vulnerability present.

There’s an old saying we IT folks have that there are only two types of businesses: those who have lost their data, and those who will.  Imagine the potential chaos and risk exposure, not to mention the expense, of losing your valuable business data, or having it exposed to unauthorized users.

While computing mobility delivers a host of advantages to the business and the user, care must be taken to ensure security, privacy, and confidentiality of business information.  Cloud computing solutions and managed IT services will help you provide the mobile capability your business needs, but with the additional protection, additional security, and ongoing management that the value of the data demands.  Increased exposure to liability is a reality for any mobile business, and the risk is only multiplied by the number of systems a company has in the field.  The smart business reduces risk by deploying secure yet versatile platforms for their workers that allow data to be stored and protected in centralized environments, rather than on the individual computing devices. Via the cloud, businesses of all kinds are reaping the benefits of new and innovative service delivery models and enhanced security solutions, achieving the freedom and functionality (and data security) the mobile workforce demands.

Here are a few data loss statistics for your reading pleasure…

Enjoy  🙂

J

(stats drawn from summary on BostonComputing.net.  They may be a bit dated, but the numbers have only increased since then.) http://www.bostoncomputing.net/consultation/databackup/statistics/

The following statistics were gathered from various sources:

  • 6% of all PCs will suffer an episode of data loss in any given year. Given the number of PCs used in US businesses in 1998, that translates to approximately 4.6 million data loss episodes. At a conservative estimate, data loss cost US businesses $11.8 billion in 1998. (The Cost Of Lost Data, David M. Smith)
  • 30% of all businesses that have a major fire go out of business within a year. 70% fail within five years. (Home Office Computing Magazine)
  • 31% of PC users have lost all of their files due to events beyond their control.
  • 34% of companies fail to test their tape backups, and of those that do, 77% have found tape back-up failures.
  • 60% of companies that lose their data will shut down within 6 months of the disaster.
  • 93% of companies that lost their data center for 10 days or more due to a disaster filed for bankruptcy within one year of the disaster. 50% of businesses that found themselves without data management for this same time period filed for bankruptcy immediately. (National Archives & Records Administration in Washington)
  • American business lost more than $7.6 billion as a result of viruses during first six months of 1999. (Research by Computer Economics)
  • Companies that aren’t able to resume operations within ten days (of a disaster hit) are not likely to survive. (Strategic Research Institute)
  • Every week 140,000 hard drives crash in the United States. (Mozy Online Backup)
  • Simple drive recovery can cost upwards of $7,500 and success is not guaranteed

 

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Help Your Business Move to the Cloud

With all of the cloud computing options and services available to support business operations and administration, selecting the right ones can be a daunting task for any business owner.  While some cloud solutions offer simple “get started” options and “click to activate” plug-ins, its important to recognize that each business and operation works a bit differently. While there are standard requirements to support every business, individual business owners may have strong beliefs or habits that will impact how well or not a solution works for their particular operation.

Selecting the right technologies and applying platform and application solutions wisely can introduce efficiency in both time and cost that was previously not recognized by the business, or it can create all sorts of havoc and disrupt what were once smoothly-operating workflows. And once a solution is “plugged-in”, consider what might happen if it needs to be unplugged at some point in the future.

Because there is no single solution or set of products which will provide the necessary functionality for the lifespan of the business, it’s important to establish a process and framework which recognizes the need for agility and addresses the requirement to meet new business needs as they arise.

“With the evolution of cloud computing, one inescapable reality continues to surface and that is, as with service-oriented architecture before it, the fact that cloud computing promotes the idea of continuous proliferation of services,” said Daryl Plummer, managing vice president and chief Gartner Fellow.

While software and data integrations and “plug-in” data may be delivered through technology, there will always be a requirement for individuals who understand just how the pieces need to fit together and how the data and work must flow. Its okay to rely on service providers to service and support the implementation, but the direction and design of how the information and work will flow throughout the entire company can provide a strategic advantage and should be an internally-driven project.

As your business looks to the cloud for innovation, efficiency, and mobility – remember to keep your feet firmly planted on planet earth until you know where you’re going.  There are a lot of options available, and not all of the hype is representative of reality.  You’ll want experienced professionals to help you get off the ground the right way.  That’s where we come in.

“What sits between you and the cloud will become a critical success factor in cloud computing..”

Daryl Plummer, managing vice president and chief Gartner Fellow