I can't find any information on how to restore from the scheduled backup. Need help asap.
A backup is a dump of everything in the ThingworxStorage\database\data folder.
(Disclaimer: I have not tried to restore a backup; proceed with caution!)
Stop ThingWorx in Tomcat Manager.
Rename the existing ThingworxStorage\database\data folder.
Copy the ThingworxBackupStorage\backups\data folder in its place.
Start ThingWorx in Tomcat Manager.