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System Downtime costs Companies $366,363 annually. Fight Back!

Tags: , , , IT industry, IT Tips Baltimore

Where did all the data go?

Shockingly, according to the 2012 Acronis Disaster Recovery Index survey, system downtime costs companies an average of $366,363 annually. The survery, which was conducted by the Ponemon Institute and data protection software developer Acronis, found that 86% of companies suffered costly downtime the year before, losing an average of 2.2 days annually. The primary culprits were…

  1. Human Error: 60% of respondents cited human error as the most common cause of downtime.
  2. Data Storage: 70% of respondents cited data storage and the moving of data between different physical, virtual and cloud environments as the biggest cause of downtime.

According to Continuity Software, a New York-based provider of service availability risk management solutions, data storage carries the biggest risk for data loss and costly downtime. The company found that…

  1. The primary cause of downtime and data loss in 58% of cases is storage.
  2. Servers come in second at 17%.
  3. Clusters account for 11%.
  4. Virtualization and the cloud, 9%.
  5. Databases round out the group at 5%.

What is perhaps most shocking is what follows. According to Continuity Software’s findings, 25% of downtime results in Response Time Objective (RTO) violations, which increase downtime. Why? According to Working Nets own David Spigelman, the primary culprit behind RTO violations could be fear.

“The first question the boss is going to ask is, ‘Why didn’t we have that covered?’” explained David. “And if you don’t have a good answer to that question, there’s a real fear that you should have.”

According to a 2011 EVault survey, 17% of IT decision makers would rather have their teeth pulled without painkillers than inform their bosses of critical data loss. And for good reason. Major data loss can be devastating for a business. Of companies that experience a major loss of business data 51% close within 2 years, while 43% never recover.

Do you want to know the secret to minimizing downtime and data loss? Be proactive! Having a disaster recovery and data backup system in place is the best way to minimize downtime and get your business back on track quickly.

Minimize Costly Downtime with Working Nets, your Virtual IT Department!

Downtime is a business owner’s worst nightmare.  This is why data protection and recovery is crucial. At Working Nets, we help ensure that your vital business data is kept secure if disaster strikes. We provide top-notch information technology services to companies who don’t require an IT department, but do need reliable assistance when challenges arise.

By reducing downtime, your office remains more productive and ultimately more profitable!

If you have any questions, please contact Working Nets by calling (443) 992-7394 or visit WorkingNets.com today!

Welcome to Working Nets – your virtual IT Department!

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