There are some losses that are nearly impossible to calculate. It’s very hard to put a price tag on things like diminished productivity and lost time, but you know they have a major impact on your bottom line. As a direct result of technological failures due to a poorly maintained network, businesses of all sizes encounter these losses every day. No one is exempt from system crashes, network outages and other computer problems.
In an effort to quantify these losses, many businesses turn to industry statistics, but statistics can only give you an average – and no business is average.
Still, no one can deny the fact that such an interruption can cost a considerable amount of money. It doesn’t matter whether the outage is caused by a server crash, hardware failure or some other outside force. If your business has ever come to a screeching halt because of failed technology, you understand this fact all too well.
Need further convincing? Take a look at these statistics:
- 93% of companies that lost their data center to a disaster for at least 10 days filed for bankruptcy within one year. 50% of businesses that found themselves without data management for this same time period […]