Business Continuity Planning: How Much Downtime Can You Afford?

Having a Business Continuity Plan is an important way to ensure your company can operate during and after a disaster. By assessing your business risk, you are able to protect your company and minimize downtime that may occur from unplanned business interruptions. Natural disasters including fire, earthquake, flooding and snowstorms can slow or halt operations. In addition, other threats including cyber attacks and data leaks can cause unplanned disruptions to your business. The impact of prolonged unplanned downtime can be reduced and or eliminated, but at what cost? Here are three things to consider when developing your Business Continuity Plan. What is Your Cost of Downtime? To develop a Business Continuity and Disaster Recovery Plan it is imperative to evaluate your risk of loss from downtime and business interruption. There are many factors to consider when calculating the risk of loss due to downtime. How much revenue would you lose per hour, day or week if your business was off line and you were unable to process orders? Could your inventory lose value if your factory, warehouse or retail operation were shut down? If you suffered a privacy breach what would be the impact to your company’s reputation? The risks and costs are different for each company based on industry, size and other factors. Start by assessing the risk to determine how quickly you need to react during and after a disruption. How Fast do You Need to Recover (RTO vs RPO)? The cost of downtime to your business is expensive. It is important to evaluate which applications and data are critical to your operations. During or after a...

Technology Outlook for 2016

What drivers will shape 2016 technology trends? Businesses using customer facing technology for competitive advantage will fuel demand for Cloud Computing, in particular, Software as a Service.  The Internet of Everything will amplify the number of connected devices in our world leading to additional needs for data protection and CyberSecurity defense. Mobile computing and Cloud Computing adoption will increase the adoption of fast, affordable and secure broadband networking. Here is the short list of what to expect from the biggest trends in technology for 2016. Cloud Computing Adoption Remains Strong Cloud Computing adoption is expected to continue throughout 2016. Software as a Service (SaaS) applications are expected to lead the way. Migration to Cloud based email, sales and customer management applications and other SaaS solutions will drive Cloud growth in 2016. Infrastructure as a Service (IaaS) will continue to grow, however demand will be driven by backup and disaster recovery, single sign on, file sync and sharing, application hosting and other core IT services.  With this increased demand for Cloud Solutions, migration and integration services are expected to also be in high demand. Greater Need for Fast, Affordable and Secure Broadband Mobile Computing and Cloud Computing will put additional demands on network infrastructure. With the additional need for SaaS applications, remote backup and file sync and sharing applications, companies will upgrade business Internet technology for fast and affordable broadband options. Companies will pay particular consideration to available, reliability and security as they adopt broadband network technologies. Internet of Things (IoT):  More Devices, More Security Tablets, Laptops, desktops and smartphones are expected to continue to grow. Now Smart Devices or...

Moving to the Cloud: The Advantages

According to the International Data Corporation (IDC), total public IT Cloud services (SaaS, PaaS, and IaaS) spending will reach $127 billion in 2018. Compared to the 4.1% compound annual growth rate the IT market will experience from 2013-2018, the public Cloud will grow at a 22.8% compound annual growth rate. That’s five and a half times more than the total IT market spending! The Cloud is unquestionably the most significant trend ever to hit the IT industry. Understanding these figures warrants a thorough review of the advantages associated with moving your organization to the Cloud. Cost Savings The prime advantage of Cloud computing is the ability to pay for what’s being used instead of being compelled to pay for unused services. It’s just smart business sense to cut out unnecessary spending. Large Cloud providers are able to offer more computing power at a lower cost, as they benefit from huge economies from scale. Just make sure Cloud services are not over-provisioned, and only use what you need. Advantages of Both Public and Private Models Organizations have a lot of options when it comes to Cloud models, but most people are confused about the difference between the public and private model. Public Cloud services are designed for a market and not a single enterprise. It is open to all potential users and is shared among unrelated consumers, while private Cloud services are shared within an enterprise but have restrictions on access. These Cloud services can be either onsite or offsite and can be managed by either a third party or in-house staff. There are advantages to both models. The public...

Protect Your Organization from Ransomware

It’s a moment every business owner dreads. A message appears on your organization’s computer screen alerting you that your files have been encrypted and the only way to access them is by paying a ransom. Security threats to computers and mobile phones have grown more sophisticated around the globe in the past few years. The United States in particular saw an increase in “ransomware.” What is Ransomware? Cypersecurity experts report that ransomware is one of the fastest growing forms of hacking, and the scary part is that no one is safe. An individual, a small business, a Fortune 500 company, and government agencies can all be infiltrated. It also attacks smartphones. Ransomware is malicious software that hackers use to extort money from individuals or businesses by preventing them from opening their documents, pictures, and other files unless they pay a ransom, usually in the amount of several hundred dollars. How Ransomware Works Similar to other hackers’ schemes, ransomware can arrive in emails or attachments with links that, when clicked, encrypt your files. Attacks can also occur during a visit to a website, as cybercriminals can attach computer code to even the most well known websites. It could happen during something as harmless as updating an application or downloading an app on your smartphone. Protect Your Organization Cybercriminals are starting to target small businesses more and more, because generally speaking, they are more vulnerable. While big companies have backups and separate computers for their different departments, small to medium sized businesses lack technology teams, sophisticated software, and secure backup systems to protect from ransomware. One of the best investments your...

The Cloud: The 3rd Platform of Computing

Around 2008, the IT industry started to experience a massive shift in traditional computing. The International Data Corporation (IDC) began referring to this change as the “3rd platform.” The 3rd platform is built on the four technology pillars for innovation and growth: Cloud, mobile, big data, and social technologies. Within this new era of technology, the Cloud is surely the biggest game changer, because it changes the way companies consume and pay for access to technology. Businesses large and small can now solve problems with the Cloud that were unsolvable before. Cloud technologies have become ubiquitous in business; this is why it is critical to understand what the Cloud is and comprehend its future growth. Models for Cloud Services: Public and Private Many people are confused about the difference between public and private Cloud models and what the best option is for their organization. Public Cloud services are designed for a market and not a single enterprise. It is open to all potential users and is shared among unrelated consumers. On the other hand, private Cloud services are shared within an enterprise but have restrictions on access. These Cloud services can be either onsite or offsite and can be managed by either a third party or in-house staff. Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) These three main Cloud solutions can leverage your IT business substantially. SaaS provides a way to deliver software and technical services that would otherwise be managed on premise. Most small businesses can adopt Cloud computing into their company using only SaaS services for email, sales...
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