Alongside remote working and the rise of data-driven businesses, during the pandemic companies also saw an increase in data loss. According to a report by IBM, the cost of data breaches in 2021 was the highest in 17 years, jumping from US$3.86 million to US$4.24 million per year.
Organizations manage a large portion of the data at risk, and the more data an organization deals with, the greater the risk becomes. Therefore, it is necessary to have the correct data recovery and backup solutions for protecting sensitive data from all types of threats and errors in project management systems.
In this article, we’ll look at the top 7 benefits of data backup and recovery, as well as the best backup solution for your company.
What is Data Backup and Recovery?
Data backup and recovery is the process of creating and storing backup copies of data to safeguard businesses from data loss due to breaches, external attacks, software crashes, and hardware failures.
All businesses and organizations today are susceptible to many data threats. An organization may suffer irreversible data loss if it does not have good data backup strategies. Negligence can lead to financial losses, customer distrust, and even legal consequences.
Advantages of Data Backup and Recovery
There are plenty of consequences of data loss. So, taking adequate measures to backup and restore project management platforms has many advantages. Let’s look at some advantages of data backup and recovery solutions.
1. Data Security
One of the most crucial parts of data backup and recovery is security. A data backup and restore solution with solid security is vital to protect an organization’s project management data.
Investing in dependable data backup and recovery services can help you secure your data against disasters such as data sprawl and breaches. It is also critical for ensuring customers’ data safety and compliance with legal standards.
2. Data Recovery and Replication
The primary goal of data backup is to assure data recovery and restoration. A sound recovery system can help you avoid downtime and keep your business running smoothly.
Replication is a feature found in most data backup and recovery applications. This functionality creates and saves real-time copies of your project data. As a result, you can rest assured that your data is safe. In data loss, replication allows you to restore your projects in no time.
3. Easy Data Management
Data recovery is a time-consuming and unpleasant operation. As a result, organizations often face various complications in data management during restoration.
However, using the correct data backup program makes managing the recovery process effortless. Besides, a reliable data backup system helps users back up their data frequently and consistently. Most data recovery solutions automatically create a thorough backup strategy for your project management platforms. So, you can safeguard your data from errors without compromising on efficiency. Businesses can use these automatically generated restore points to bounce back from any data crisis.
4. Cost Control
Losing vital organizational data can put your company out of business. Losing customers’ sensitive information can lead to lawsuits, data loss can stall projects, cause productivity decrease, and financial losses. So, while data backup and recovery solutions and software can seem expensive, it’s a wise investment in the long run.
5. Unhindered Performance
Manually backing up an organization’s data is time-consuming and resource-intensive. Moreover, company servers often have difficulties handling a large amount of data. Backup and recovery programs can offer you the perfect solution in such situations.
Manual backups consume more storage space and bandwidth, but a data backup system can improve network speed and lower storage expenses. The organization can carry on daily tasks without slowing down any process with the right data recovery solution.
6. Increased Competitive Advantage
As organizations grow increasingly data-dependent, data is becoming something akin to oil. Data efficiency provides a competitive advantage in such a business climate.
Users can access client data from anywhere using online backup and recovery solutions. Furthermore, a backup system’s advanced security features safeguard customer data.
7. Maintaining Standards of Compliance
Currently, various data privacy legislations make it a legal need to store an organization’s data appropriately. Failure to adhere to such compliance rules might result in fines and legal ramifications.
Furthermore, data backup services allow you to store a copy of your projects while also tracking them for auditing purposes.
Investing in an efficient data backup strategy has become necessary in this data-driven world. But with a multitude of data solutions available on the market, choosing the best backup software for your organization can be difficult.
With an automated project management backup solution like FluentPro, preserving, maintaining, and restoring your backups is simple, efficient, and secure. FluentPro Backup provides reliable protection for most popular project management platforms like Project for the Web, Monday.com, Trello, Smartsheet, Microsoft Planner, and Asana. It keeps your data encrypted, continuously backed up, and secured from errors and data loss risks.
So why not give FluentPro a try? Get more information on how FluentPro Backup works by requesting a demo.