Do I really need Online Backups?
Backup of vital company information is critical to a company’s survival, no matter what size the company. Recent studies show that 93% of businesses that lose data due to a disaster go out of business within two years.
- 6% of all PCs will suffer an episode of data loss in any given year. (The Cost Of Lost Data, David M. Smith)
- 30% of all businesses that have a major fire go out of business within a year. 70% fail within five years. (Home Office Computing Magazine)
- 31% of PC users have lost all of their files due to events beyond their control.
- 34% of companies fail to test their tape backups, and of those that do, 77% have found tape back-up failures.
- 60% of companies that lose their data will shut down within 6 months of the disaster.
- 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. 50% of businesses that found themselves without data management for this same time period filed for bankruptcy immediately. (National Archives & Records Administration in Washington)
- Companies that aren’t able to resume operations within ten days (of a disaster hit) are not likely to survive. (Strategic Research Institute)
So, all you need to determine, is, what is your tolerance for data loss? If you need either a Data Recovery Plan or a Business Continuity Plan implemented to not become a statistic listed above, call Greyhound today and we can deliver a plan specific to keeping your business alive and well under any circumstance.
Call 586.469.4429 and speak with Alan.