Despite the actual situation, thank you for attending our very first edition of Business Continuity Convention that took place on the 12th of March 2020 @ Château Mélot - Cercle de Wallonie in Namur.
We are glad to announce that we hosted : 11 speakers - 11 conferences ! The event was the occasion for professionals from sectors concerned by business continuity to attend conferences and discuss about its impact on companies development, business and society. An occasion to answer the questions and challenges that we encounter.
BUSINESS CONTINUITY CONVENTION 2020
Business continuity is not limited to IT
Power failure, flood, fire, act of terrorism, technical malfunctions or simply human error: the slightest disaster in a company has an immediate and catastrophic consequences, not only in financial terms but also in terms of reputation.
However, management still too often believes that only IT needs to be protected, yet, business continuity requires the implementation of a global corporate plan.
A few figures are enough to illustrate the magnitude of the problem:
- 20% of companies have already experienced serious computer problems resulting in data loss
- 50% of a company’s data is stored locally, without external backup
- 93% of companies with significant data loss disappear within 5 years
- After an unavailability of 8 hours the market share lost is not regained before 3 years
- A downtime of 6 hours has consequences on the company for 12 months.
As the modern business is always more connected whether it is with its suppliers, customers or employees, IT obviously plays a role always more crucial.
Hence the implementation of data protection, backup and recovery solutions as well as continuity guarantee for IT platforms (backup power, generators, split power supply, etc.), the cloud being the ultimate solution.
However, limiting business continuity to IT solutions would be reductive. Indeed, we must involve the entire organization to develop a continuity plan providing for all possible scenarios of failure (in the broadest sense of the term).
IT will obviously play a central role, but it will be necessary to map the vital processes of the organization and integrate them into a global plan, including staff.
A BCP (Business Continuity Plan) goes well beyond IT infrastructure to encompass all of the organization’s resources. It will therefore cover all the means to be implemented to ensure the maintenance of operations.
You are interested to come and talk at our event? Business continuity passionates you and you want to share your knowledge with our audience? Do not hesitate to contact us for any additional information.