Why Is Online Backup So Important For Businesses?
Statistics show that most small businesses are guilty of not backing up their data as often as they should – or of not backing it up at all. We tend to assume in the modern world that technology has advanced to the point that we needn’t worry about such boring matters as accidental data loss, theft, viruses, natural disasters or the long list of other things that can affect our data, but every one of these things is as likely to damage or destroy a hard disk as it has ever been. For a business, this can be the kiss of death.
Why Is It Important To Store My Business Data Online?
The data you store on your company computers is almost certainly just as important to your success as the service or product you are aiming to sell. A survey by Hewlett Packard actually showed that 70 percent of small businesses who suffered a large loss of data went out of business within 12 months – that’s a frightening statistic for a small business owner without a backup plan.
What Happens If I Don’t Store My Business Data?
If your company documents are stored only on the computer through which they were created, you are opening your business up to numerous fatal problems. For example, what would happen if a hard disk failed, a thief broke into your offices or your entire computer bank was hit by a computer virus or ravaged by a fire and you lost the only copy of your customer or client list? You would be forced to start from scratch or spend considerable time attempting to piece those details back together again and, if that ends up involving contacting customers, you can even erode your customer’s trust in you and positive feelings towards your company.
What Could I Lose If I Don’t Store My Business Data Online?
Your customer list is not the only potential loss. You also store important documents including sales prospects and budget projections that you intend to use to push your business forward into the future. These are time consuming to create and even more time consuming to recreate – if that’s even possible to do. Timetables and production schedules are necessary to keep your business running smoothly and things can quickly grind to a halt without them. Confidential information about payroll, employees, taxes and even your clients can be lost just as easily and this is even more problematic if they are lost through the actions of a hacker, as that’s a security breach it’s hard to come back from.
Through online backup, you can create a plan for a data loss incident that will preserve every important piece of data your company owns and ensure that you are never one of the 70 percent. We asked our experts to perform an independent review of online backup providers and summarized their findings for you below: