Data Recovery Plans: Insurance for your information and systems operations
International Data Corporation, a leading global market intelligence firm, estimates that companies lose an average of $84,000 for every hour of downtime.
According to research by the University of Texas, only 6% of companies suffering from a catastrophic data loss survive, while 43% never reopen and 51% close within two years.
With so much at stake, can you afford NOT to have a disaster recovery plan?
Gartner estimates that only 35% of small-to-medium businesses have a comprehensive disaster recovery plan in place. Business owners may mistakenly believe that the return on investment is too small to warrant budgeting for a comprehensive recovery plan, when in fact, the real disaster is to be caught without one.
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