According to US Census Bureau research, 93% of companies
that lost their data for 10 days or more filed for bankruptcy within one year
of a disaster. 50% filed for bankruptcy immediately.
If your company’s server crashed, do you know how long it
would take you to completely restore your data and the costs associated with
data outage? Data is an important asset.
For many companies, it’s the most important asset. It’s not something you want
So when is the best time for a server to fail? The answer is
one minute after the backup completes. On the flip side when is the worst time
for a server to fail? One minute before the backup finishes because in this
case you are going back two days to recover your data.
There are really three types of failures that need to be
protected against; a file gets corrupt or goes missing and needs to be
restored, a server crashes and needs to be recovered or your data center
suffers an outage and is unavailable. It is not a question of if it will happen
it is when it will happen. All computer
hardware will eventually fail and when it happens how quickly you can recover
from it matters not only to your financials but also you businesses reputation.
Ponemon Institute conducted a study of 41 data centers to
determine how much money companies lose per minute of unplanned outages. Based
on their study, the cost of an unplanned outage per minute is a little over
$5,000 per incident on average; the most expensive cost is over $11,000.
How much do you lose from unexpected downtime of your
servers & business applications?
The simplest way to calculate potential revenue losses
during an outage is with the equation:
LOST REVENUE = (GR/TH)
x I x H
GR = gross
TH = total
yearly business hours
I = percentage
H = number
of hours of outage
Service costs are rarely zero.
Most data backup systems aren’t true recovery systems–even
if you were able to get your data back, it could be in a form that isn’t
usable. You’d need to hire an IT professional who had experience in data
restoration to try to get the data into a usable format, and it could take
Each one of the three data loss scenarios requires different
strategies to protect and in most cases a simple backup strategy is insufficient
to recover from all types of data loss modes.
Despite advances in infrastructure robustness, many IT
organizations still face database, hardware, and software downtime, lasting
short periods to shutting down the business for days.
Yet, the world of IT failure is strange. Just bringing up the topic of outages still
terrifies those in the industry. Against this backdrop, IT failures have become
an accepted, virtually expected, aspect of enterprise life.
So, while IT professionals confront downtime and try to get
on top of it, the business organization suffers the pain of downtime. Now is the time to revisit the issue, and see
how your organization should address and assess threats to their IT operations,
including systems, applications, and data, and look at solid numbers around the
potential costs that downtime and outages pose to the business.