The Stats You Didn’t Know About Construction Cloud – But Should

The Stats You Didn't Know About Construction Cloud - But Should

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So many statistics surround us that it can sometimes be overwhelming.
Sometimes, we may choose to look the other way or fail to fully understand their impact and consequences on our day-to-day organizational life. This is why, when we spoke to more and more construction companies that did not fully understand the importance of safeguarding their cloud data before an accident happen, our content team decided to create this blog post for you.

1) 94% of Companies That Experience Data Loss Close Operations in Less Than Two Years

Let’s put the “94%” into perspective. Imagine a group of 10,000 construction companies. Now, picture 9,400 of them shutting down their operations in less than two years solely because of a data loss incident. This isn’t just a minor inconvenience—it’s a devastating reality for those affected. The consequences of data loss are so far-reaching that they affect not only the financial stability of a company but also its reputation, client trust, and the ability to strive and survive as a functional company.

2) 35% of Construction Firms Have Experienced Data Breaches

Data breaches happen more than you think. Construction companies are increasingly becoming targets for cyberattacks due to the valuable and sensitive data they handle. According to Thales’ 2023 Cloud Security Report, 35% of construction firms reported experiencing data breaches, up from the previous year​ (Thales CPL)​​ (TechRepublic)​. Even more concerning is that many of these firms did not have a backup plan in place. So in the event that an unexpected incident happened, they were helpless and unprepared to deal with it. What if they had thought of an autodesk cloud backup plan in advance?

3) 30% of Companies Report Data Loss Due to Human Error

While technology failures and cyberattacks are often blamed for data loss, human error remains a significant factor. Whether it’s accidental deletion, improper data handling, or lack of training, these mistakes are so hard to eliminate entirely. Human errors will continue to happen, which means we must focus on managing them and, of course, training and educating our employees on how to avoid them.

Data Loss: What Could Go Wrong?

Human Error and Accidental Deletion
Cyberattacks and Data Breaches
Cloud Provider Hardware Failures and Data Center Disasters

How Can Construction Companies Protect Themselves?

  1. Implement Robust Backup Solutions: Regularly backing up data ensures that even if a loss occurs, a recent copy is available for restoration. Solutions like Cloudsfer offer scalable and secure backup options tailored to the construction industry’s needs.
  2. Educate and Train Staff: Ensuring that all team members understand the importance of data security and are trained in best practices can significantly reduce the risk of data loss.
  3. Invest in Security Measures: Implementing robust cybersecurity measures can protect against data breaches and loss. This includes using encryption, firewalls, and secure access protocols.

     

    The role of Cloudsfer in preventing data loss

    Cloudsfer is a simple yet powerful solution that helps you tackle all these challenges at once. Cloudsfer enables you to automatically back up all your data to different off-site cloud storage locations. And if a disaster occurs? you can restore your data with the click of a button and keep operations on.
    Cloudsfer solution is designed to provide seamless, secure, and scalable backup services for construction companies using BIM 360 and Autodesk Construction Cloud.

    Make sure your company doesn’t become another statistic. Build a stronger future by backing up and securing your data with a robust autodesk cloud backup plan.

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The Stats You Didn't Know About Construction Cloud - But Should
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The Stats You Didn’t Know About Construction Cloud – But Should

So many statistics surround us that it can sometimes be overwhelming.
Sometimes, we may choose to look the other way or fail to fully understand their impact and consequences on our day-to-day organizational life. Learn more about those stats and Autodesk backup solution.

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