Business Continuity is the ability of a business to continue its operations with minimal disruption or downtime in the advent of natural or intentional disasters. BC begins with a plan that addresses all risks and secures systems that are vital to business operations.
It's imperative for companies that are heavily dependent on IT infrastructure to design and implement a Business Continuity Plan (BCP). So how prepared are Indian enterprises to counter disasters?
We at Buffered Soft, stress the importance of BCP and DRP through documenting, implementing and testing. Since global businesses are not interested in getting into a relationship with Indian businesses unless these service providers are prepared for recovering from a disaster. Also, global businesses fear that a war (or a war like situation) could breakout in India, and therefore they need increasing assurance on the continuity and availability of its business associations in India.
Thus, we ensure to design a detailed Business Continuity Plan to necessitate the provisioning for redundancies at all levels. It includes not just servers, storage, networking equipment and connectivity links, but also other infrastructure like air-conditioning and power supplies. The plan covers all risks that could possibly affect clients business.
Our Business Continuity Plan includes all the risks, and ensures on continued availability, reliability, and recoverability of resources. It balances the costs of risk management with the opportunity cost of not taking appropriate action.
Our Business Continuity Plan provides an enterprise-wide risk-based approach, covering People, Processes, Technology and Extended Enterprise to ensure continuing availability of business support systems and minimize disruption risks.
Since most of corporate organizations today outsource support functions and rely on third-party support for non-core business operations (like logistics). Hence, our BCP enables us to extend it to external entities like customers, partners and suppliers. Our BCP also addresses business risks such as:
• Customer-oriented risks
• Supplier related risks
• IT hardware and software risks
• Business core process risks
• Business partner risks