Backups can be restored from a specific point in time

Description

Point-in-time data restoration in Corporate Performance Management (CPM) software refers to the ability to restore system data from a specific moment in the past. This feature is crucial in mitigating risks related to data loss or corruption, providing a valuable safeguard for business continuity and operational resiliency.

Example Use Case

Scenario: A medium-sized manufacturing enterprise uses CPM software to track and manage their various operational and financial performance indicators. A recent system glitch with the ERP resulted in three days' worth of erroneous data being uploaded into the CPM.

Solution: The CPM system's point-in-time restoration feature is used to restore the entire dataset from a backup taken before the system glitch. This allows the company to recover their data accurately and promptly, minimizing operational disruptions and maintaining accurate reporting.

Considerations

All vendors run backups, but not all of them can restore just your backup. There is a lot of variability here based on the architecture of the CPM tool. Can it restore your backup in its entirety? Or can it only restore it at a certain time and date? Can it restore it at all, or is their backup only for catastrophic losses to their entire platform?

Questions to Ask a Vendor

• Restoration Capability: Can we restore a backup for ourselves, or is your backup process for your entire platform only?
• Backup Frequency: How often does your system perform backups? Can this frequency be configured?
• Ease of Restoration: How easy is it to execute a point-in-time data restoration? Can this be performed by our internal team or do we require assistance from your technical support?