Here are 4 Reasons Why You Need to do a Backup Plan
April 3, 2024 | Blog
A business with a good and positive reputation often earns loyal customers and can land new clients and business partners. But when your company has a bad reputation and negative image, customers tend to avoid your product and services, and it’s even harder to get investors and find business partners that could back you up. One of many reasons companies, especially the bigger ones, file bankruptcy or rebrand themselves is because they lost the public’s trust. One of the worst-case scenarios of ruining one’s business reputation is through data breaches and information loss of your customers and clients and it’s a common knowledge that business’s reputation is its most valuable asset you can ever have as a company ..
Also read: World Data Privacy Day and the Importance of Securing Your Data (Part I)
It’s World Backup Day
Your company might have faulty products or services that don’t even match the hype. Still, those are normal and can be forgiven over time as every business faces customer feedback that helps them improve their customer service and get positive customer satisfaction. But it’s another story when private and sensitive information of your customers, clients, or even business partners is on the line. Serious incidents like these can compromise customer trust and expose the organization to legal and financial repercussions.
That’s why having a secured backup is vital in this digital time and age because safeguarding data integrity is paramount in maintaining a positive reputation. As we celebrate World Backup Day, IT Group, Inc., a leading IT Solution Partner in the Philippines and the ASEAN region, supports the advocacy of spreading awareness of doing a backup of your business and securing it at all costs, along with our technological partners, we will share how you can protect your organization and do backup through our innovative solutions.
Also read: World Data Privacy Day and the Importance of Securing Your Data (Part II)
Why Doing Backup is Important in Your Business
As simple as it is, backup creates more than a safety net for any company. It protects your organization from business operations delays and data breaches and can help you automate and integrate data simultaneously. You can do it on-premise, in the cloud, or both as a hybrid. But as we dig deeper, you will understand why backing up your data and information can result in a better, more secure business workflow.
1. Stability and High-Availability
2. Streamline Processes and Ensure Compliance
3. Safety and Security
4. Automation and Integration
To Achieve Stability and High Availability with No Downtime
In business, downtime is critical. It can make or break your business revenue for every downtime or system maintenance that will happen to your business processes. “Your bottom line takes a hit any time production stops, but can you calculate what you’re losing with any degree of accuracy? If not, you may be surprised, and maybe even shocked, to learn what you’re paying for and just how much your facility loses when operations unexpectedly grind to a halt,” said Sundeep Ravande, a former Forbes Council Member at Forbes Technology Council, in his Forbes article.
Also read: Tech and Business Insights for 2024
Meanwhile, EnterpriseDB, or EDB, one of the technological partners of ITG, offers a solution for companies with large amounts of data to scale up and do backup in their systems. “EnterpriseDB (EDB) provides enterprises with the products, resources, and expertise required to confidently run large-scale and highly available deployments of Postgres across on-premises, hybrid, multi-cloud, and DBaaS environments,” EDB said. ITG and EDB venture together to help clients from various industries to help them establish stability through backup and achieve five 9s of extreme high availability, creating a solid contingency plan and being cost-efficient at the same time.
Also read: 7 Ways to Get Your Business Successful this 2024
“Nearly an hour of downtime on a yearly basis is significant when you’re running a mission-critical system that’s part of a larger infrastructure and responsible for processing tens of thousands of transactions per second, every single second of the year. If you are processing 1,000 transactions per second on a yearly basis, that represents 3,155,000 transactions that could be missed. If you’re running a payment gateway, for example, that could have detrimental effects,” said Jan Karremans, Sr. Customer Success Architect of EDB. “With EDB Postgres Distributed, you get a database management system in its most extreme high availability setup, and you can achieve five nines of availability with confidence.”
To Streamline Processes and Ensure Compliance
Doing backup also helps streamline your business operations and ultimately helps you to ensure compliance. For many companies, large amounts of data are being processed every day; industries such as retail, manufacturing, and distribution, for example, need a reliable system that can optimize processes and handle data management with accuracy, efficiency, and cost-effectiveness for your businesses. Oracle NetSuite, one of ITG’s technological partners, offers the #1 Cloud ERP solution. They shared the importance of why doing a backup is essential and incorporating a solution like NetSuite Cloud ERP will benefit your business the most. “When business users can gain easy access to the data they need to make decisions, and they trust that the data is up to date and accurate, they can efficiently respond to changing market conditions. Data management can also help limit data silos — where different groups within the organization have different versions of the truth,” said Lisa Schwarz, the Product Marketing of NetSuite.
With the power to have 360-degree view visibility, you tighten data privacy and security, get access to accurate data backups and recovery, and real-time data consistency that hits not only two birds with one stone but many more, especially ensuring overall compliance. “[It] audits easier by helping to monitor for critical events, track changes to key financial configurations, delegate authority systematically, and allow for risk mitigation and trust in the financial system,” Lisa Robinson and Damien Fairbairn of NetSuite said. “Once a business has established those controls, it can ensure the reliability of accounting systems and more easily prepare for audits. What’s more, a strong compliance program can facilitate the process of taking the company public.”
With ITG and Oracle NetSuite, you can have a backup plan through a comprehensive suite of cloud-based applications built on a single database. “NetSuite policies and infrastructure ensure that your data is always replicated, backed up, and available from any location whenever you need it. NetSuite data management also ensures that your users have real-time visibility into the company’s financials, customer data, and inventory, allowing them to make informed decisions quickly and easily,” Schwarz added.
To Ensure the Safety and Security of Your Data
Aside from creating a backup for your data and information, it is also equally important to ensure its safety and security. ManageEngine, another technological partner of ITG, provides more than a backup of the personal data of your employees and the company but can also protect your sensitive data. “Data security isn’t just about protecting data from malicious outsiders; remediation is a critical aspect of data security. While you can’t predict when data loss will happen, you can make sure your business has the right solutions to recover its critical data. IT managers are responsible for implementing the right data backup and disaster recovery procedures in their businesses,” Giridhara Raam of ManageEngine said.
From a security point of view, data loss is a triple-whammy for businesses. One, it attracts cyber hackers because of the weak cybersecurity. Two, it creates data inaccuracy that can affect your overall business plans and decisions. And three, your company, especially your clients, is susceptible to ransomware because of stolen data and information. The backup plan should go hand-in-hand with security to ensure the protection of your company and to have continuous business operations with less to no downtime. The good thing is ManageEngine and ITG are here to give you innovative products that fit your business needs. One of the many innovative products ManageEngine and ITG offer is the Unified Endpoint Management Security (UEMS).
“UEMS is a way to manage and secure all endpoints in an enterprise, including smartphones, tablets, laptops, desktops, and IoT devices, from a single console. Businesses using UEM can simplify the management of endpoints across various OSs and device types without relying on multiple tools, which in turn improves efficiency. UEM also helps enhance end-user experience while helping organizations comply with regulatory and audit requirements,” ManageEngine said.
To Automate Data Migration and Integrate Applications
Another thing when doing a backup for your system is automating it quickly and integrating it with other systems and applications. Most of the problems businesses face regarding their disaster data recovery plan is finding one solution to help them automate everything and integrate with other applications simultaneously. Imagine this: For every department in your company, you have a set of tools you use exclusively. Some of it is shared tool services, like HR filing. When the time comes when your organization is hit by a sudden natural disaster, for one, you have several tools to recover but can’t even connect or ‘talk’ to each other. That’s where Workato comes in, ITG’s technological partner for Automation and Integration. “Workato allows you to perform data migrations of any scale using recipes that are easy to design, test, and push into production. Data migration is an essential consideration for a company that is transitioning from one application to another as well as an essential step when backing up your data onto your local database servers.
Also read: The Role of Automation in Workforce Transformation
With ITG and Workato, you can have a simple and easy-to-use interface for backup based on the “recipe” you like to make. Recipe means commands you created based on and tailored to your business needs. “This recipe not only automates the process of transferring data but allows for the easy maintenance of such pipelines. Workato’s easy-to-use interface means that schema changes or changes to which data warehouse you are using can be easily switched out. Authentication would also be done via our platform, so you needn’t have to deal with that complexity,” they added.
Let’s Create a Solid Backup Plan Together
With over 20 years of expertise, IT Group, Inc. works and helps 200+ clients across the ASEAN region on their digital transformation journey and has a solid portfolio of 250+ successful projects. Today, as we all celebrate World Backup Day and spread awareness of its advocacy, it’s about time for every business to invest in proactively developing their backup plans through digital transformation. Let’s venture together to create a solid backup plan tailored to your organization’s needs to protect you and your business from future liabilities and revenue loss.
ITG is your leading technology partner for system-wide innovative solutions to accelerate your business plans and goals, delivering seamless integrations and processes from Business Management Solutions, IT Management, Integration & Automation, and Enterprise Data Management to IT Infrastructure. We are also an ISO 9001:2015 Certified company with regional offices located in the Philippines, Indonesia, Singapore, and Malaysia.
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