“Disaster recovery: it is an expense my company can do without. It is not that important.” That is, unfortunately, the opinion of 41% of small- and medium-sized businesses (SMB), according to the “2011 SMB Disaster Preparedness Survey.” Even worse, 50% of respondents did not have a disaster recovery plan in place. Of those businesses that did have a plan in place, 80% did not have a reliable backup solution.
Does your business have a disaster recovery plan in place? If not, why?
Why You Need a Disaster Recovery Plan
- In the past two years, more than 50% of businesses experienced an unforeseen interruption to normal, everyday business, causing 81% of these businesses to close for one or more days.
- Every week 140,000 hard drives crash in the United States.
- 31% of PC users have lost all of their files due to events beyond their control.
- According to a study conducted by Gartner in 2004, downtime cost an average of $42,000 an hour. In 2012, a study conducted by Aberdeen reported that this figure had ballooned to between $98,000 and $138,000 an hour.
- 40% of small businesses affected by a disaster will never reopen, according to research from the Insurance Institute.
- 93% of companies that lost their data center for 10 days or more due to a disaster filed for bankruptcy within one year of the disaster.
- Still, 90% of SMBs spend less than 8 hours over the course of a month planning or managing their business continuity plans, according to analysts from Hughes Marketing Group.
- 34% of companies fail to test their tape backups, and of those that do, 77% have found tape backup failures.
- Companies that do not resume operations within ten days of a disaster are not likely to survive.
- The survival rate for companies without a disaster recovery plan is less than 10%. 90% of businesses that lose data as the result of a disaster are forced to close within two years.
“Disaster recovery: it is an expense my company can do without. It is not that important.” Do you still feel that way now?
Disaster Recovery Services from Working Nets in Baltimore, Maryland
At Working Nets, we were founded to provide small businesses, like yours, with expert information technology support they needed. Our disaster recovery services help ensure your vital business data is kept safe and secure!
If you have any questions about Disaster Recovery, please contact Working Nets by calling (443) 992-7394 or visit WorkingNets.com today! You can also follow us on Facebook, Twitter, LinkedIn, and Google+.