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What Is Your Data Worth to Your Firm?

Jason Clause
Jason Clause
|
May 21, 2025

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In a business built on projects, plans, and precision, data is not just a byproduct of work—it is the work. From the moment a proposal is drafted to the final handoff of a completed job, your firm depends on accurate, accessible information to stay on track, stay compliant, and stay profitable.
Still, many firms underestimate the financial and operational impact of losing access to their data. Whether from a cyberattack, hardware failure, natural disaster, or simple human error, disruptions to project data can halt progress, delay billing, damage client relationships, and trigger legal or contractual issues.
For instance, research shows that 93% of companies that lose access to their data center for 10 days or more following a disaster file for bankruptcy within a year. That kind of risk makes it worth asking: What is your data actually worth?

Data Holds Your Expertise, Your Reputation, and Your Margin

Every file, model, and thread of communication plays a role in keeping a project moving forward. This includes:
  • Drawings and specifications
  • Project budgets and change orders
  • Permits and compliance documents
  • Vendor and subcontractor contacts
  • Email and communication logs
  • Payment schedules and forecasts
These are not just records. They are active tools that teams rely on daily. A gap in access can disrupt coordination across stakeholders, introduce costly mistakes, or leave you scrambling to meet a deadline you were otherwise on track to hit.

Losing Data Is a Cost You Cannot Always Measure Up Front

Not all data loss results in a total shutdown—but it will always result in lost time, reduced productivity, and preventable costs. Some of the more common outcomes include:
  • Missed project milestones
  • Work that must be repeated or redone
  • Inaccurate billing and delayed payments
  • Compliance gaps or legal exposure
  • Erosion of client trust
And in competitive bidding environments, even short-term delays can mean missing out on future opportunities.

Is Your Data a Liability or an Advantage?

If your data is organized, protected, and recoverable, it supports your team and strengthens your ability to deliver consistently. But if your data is unprotected or difficult to restore, it becomes a daily risk.
Take a moment to answer the following:
  • If our files were corrupted today, how quickly could we recover?
  • Who has access to our most sensitive project information?
  • Are our backups tested, secured, and kept current?
  • What would it cost us to be offline for one day? Three days? A week?
  • Would we be able to continue operations if key records were lost?
If these questions give you pause—or you simply don’t know the answers—it’s time to take action.

Most Firms Are Not Prepared

Only 30% of small businesses survive after experiencing a major data loss, according to one study. Yet many still operate without a clear plan for what to do if their systems go down or files become inaccessible. The risk isn’t just theoretical—without a plan, even a single day without access to critical data can throw off an entire project and cause lasting damage.

The First Step: Assess the Gaps

Building a reliable foundation for your data starts with understanding where you’re exposed. How is your information stored, backed up, and restored? Is access secure and appropriate across your team? Do you have a clear plan for getting back online if something goes wrong?
These are the kinds of questions our team helps clients answer every day.
Start with our free guide: How to Assess Your IT Support Provider. It includes straightforward questions to help you uncover where your systems may be putting you at risk—and what to do next.

Protect the Work That Keeps You in Business

You bring plans to life, solve problems in real-time, and carry high levels of responsibility for deadlines, safety, and accuracy. Your systems should support that level of work—not hold it back.
If you’re ready to take a closer look at how your data is protected and where to improve, we’re here to help. Download the guide or reach out to schedule a time to talk. Your business depends on more than tools and talent—it depends on the data that holds everything together.

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