What is the cost of one hour of downtime? $8,000 for small business. $700,000 for large enterprises.

More Not So Fun Facts

  • Only 6% of companies survive after suffering catastrophic loss of data
  • Of companies that suffer catastrophic data loss: 43% never reopen and51% close within two years
  • 30% value the data on their laptop or desktop at over $25, 000
  • 30% of all businesses that have a major fire go out of business within a year
    and 70% fail within five years
  • 96% of all business workstations are not being backed up
  • 93% of companies that lost their data center for 10 days or more during a disaster,
    filed for bankruptcy within one year of the disaster
  • The average cost of downtime per hour is $25,000 to $50,000+

The toxic combination of lost productivity, unrecoverable digital assets
and lost consumer confidence can lead to thousands of dollars in losses.

Causes of
Data Loss

    Data Loss is a Big Deal

    When an episode of data loss occurs, there are two outcomes: the data is recoverable or lost forever. With our robust backup solutions, permanent data loss is avoidable. Unfortunately, as the chart above shows, many businesses suffer permanently lost data loss – and this does not include data loss due to lost or stolen devices. The major costs of recovering data include lost productivity and the cost of retrieval.

    Sources

    • The University of Texas, Survey of 250 companies on Data, 2011
    • Ponemon, 2013
    • Infrascale
    • Boston Computing Network, Data Loss Statistics
    • Why Disaster Recovery in the Cloud Should Be in Your Plans, International Data Group, 2015
    • Contingency Planning and Strategic Research Corporation
    • National Archives & Records Administration in Washington

    What’s your backup plan?
    Start with a conversation about your business with us.

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