Business Continuity & Disaster Recovery: The Wake Up Call
An Incentra Solutions White Paper
www.incentrasolutions.com
Abstract
Can you imagine going out of business next month? Next year? Without an adequate solution for disaster recovery and business continuity, what seems like a ridiculous scenario could become a very frightening reality.
Did you know that in the New York World Trade Center bombings, 43% of the businesses that experienced substantial data loss never re-opened? Another 29% went out of business within two years. The threat of data loss is real; guard your most critical applications against this threat.
Corporate data is growing exponentially, and with it, the potential for disaster to strike, creating extended periods of inaccessibility to data or, worse, total loss of data. International Data Corp.’s conservative estimates put data growth at 60% per year. As the amount of data grows, so does a company’s dependence on that data to generate revenue, increase customer penetration and satisfaction, support day-to-day operations, and ensure long-term business success.
Considering the damages caused by natural disasters alone across the globe in 2005, Business Continuity is no longer just an option. Business Continuity Solutions provide an insurance policy against unplanned outages and/or data loss. This policy guards against dollar losses that can range anywhere from a few thousand dollars to a mounting debt that will eventually put you out of business. In addition to dollar losses, it is important to realize your vulnerability to loss of existing and new business, loss of customer confidence, and liabilities to customers and investors.
The key is to determine exactly how much this insurance policy is worth to your business.
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