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Condor Innovations Inc.
p: 604-692-2181
f: 604-689-9206
3rd Floor - 1128 Hornby St.
Vancouver, BC,
V6Z 2L4
Canada.
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| Crash Facts |
Business Backup Lacking.
- Research commissioned by Symantec shows that only 42 percent of companies automatically backup employees' emails where critical data is stored.
- Nearly 50% of tape-based backups fail to restore correctly (Gartner Group)
- Corporations have steadily moved critical applications and data from the mainframe to servers, and now to desktop and mobile PCs. In a recent IDC report, more than 300 million business PCs have a combined 109,000 terabytes of data that is not backed up regularly and "as much as 60% of corporate data resides unprotected on PC desktops and laptops." Source: IDC analyst Cynthia Doyle
- Less than one-quarter of business have any disaster recovery plan in place, according to a July 2005 report by the Small Business Technology Institute. The same report found that 56 percent of businesses had suffered some loss of business or downtime from an IT breakdown within the past 12 months.
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| The Impact of Data Loss on a Business |
- Forty percent of small businesses shut down permanently after a disaster like Hurricane Katrina, according to U.S. federal estimates. ZDNET, November 2005
- Over 34% of companies do not test their backups and of those that tested, 77% found their tape backups failed to recover. (Storage Magazine)
- Accordingly, to a widely quoted National Archives and Records Administration article, some 93% of companies that lost their data centre for 10 days or more due to a disaster filed for bankruptcy within one year of the disaster.
- Studies at the University of Texas show that 50% of companies that lose all their data go out of business immediately and 90% are forced to close their doors within two years.
- Most commercial insurance policies will not cover data losses, according to Eric Goldberg, general counsel of the American Insurance Association.
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