What Are The Different Types Of Data for Business?
What are the types of data you are familiar with or use in your business? Before you start to roll ...
It is a well-known fact that data loss can affect companies and their IT Departments in a major way. But just how much of an impact can data loss have?
Data loss can affect companies in a lot of different ways. Not only can it affect productivity, but it can also directly affect revenue!
While there can be many different reasons an IT Department may face data loss there are a few that are common.
The main goal for any company that has experienced data loss is to simply get their IT department up and running as fast as possible.
In other words, IT departments need to be able to recover backups and quickly. In order to do this, teams need to have a disaster recovery plan in place and be able to execute that in little to no time.
In fact, according to this article: 93% of companies that lose their computer systems for 10 days or more due to a disaster filed for bankruptcy within one year of the disaster. More so, 94% of companies that suffer a catastrophic data loss in a disaster do not survive – 43% are forced to close immediately, while 51% are forced out of business within two years, according to the University of Texas research.
These are big-hitting numbers for companies that experience data loss!
Be prepared. The fact of the matter is, a lot of people don’t think about backup until its too late. It is still seen as an added and unnecessary expense for a lot of IT departments. That is until it is too late and your data is gone.
The knowledge and acceptance of the fact that all data vulnerable will bring you one step closer to being prepared. In today’s digital economy, there are too many threat vectors and opportunities for something to go wrong.
It is never to late to rethink your backup strategy and Zmanda can help!
Also, be sure to check out the Points to Include in Your Disaster Recovery Plan.