6min chapter

Investing With IBD cover image

Ep 180: Andrew Chanin: Flirting With Disaster, A New Investing Theme

Investing With IBD

CHAPTER

How Cloud Computing Can Help Your Business Prepare for Disasters

Having a business continuity plan understanding that your disasters and accidents can happen is extremely critical so things like having access to power to clean water. The cloud has become extremely helpful after Hurricane Katrina school wasn't able to access people's academic records or high school transcripts which some people you didn't even know how to access either. There are all the different types of plans in place for many companies in the financial service industry as well as other industries such as health care, insurance and utilities. FEMA helped put South Florida back on the national emergency attention map but they've been criticized for not doing enough during previous natural disasters including Superstorm Sandy.

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