No matter what organization you're working for, IT budget is always going to be tight. And while it's becoming more and more obvious that it is well worth investing in security and data protection, CIOs still have to fight for every cent that their team wants to spend.
I recently came across a report from last year that said, on average, the IT budget in a company ranges somewhere between 4-6% of the company's revenue. Consider then that backup-related costs will make up less than 10% of IT budget, and you're looking at a very slim amount of your company's budget that is devoted to a fairly important aspect of keeping the business up and running.
So, how do you make sure that you're making the most out of the budget that have for your backup needs, and how do you ensure that your business continuity plan is up to snuff? It's important to understand that a true backup and disaster recovery strategy isn't just about being able to recover your data and get back to a normal state within some identified time frame. A truly effective backup plan enables your organization (and your end-clients) to continue performing mission critical operations before, during, and after an issue - foreseen or not - occurs.
Looking at this through the eyes of business efficiency, let's consider a few ways to help tighten up a backup plan in a way that will save money in the long-term without putting your, or your customers', data in jeopardy in the short-term.