The truth is that 80% of companies that experience a significant data loss go OUT OF BUSINESS within a year.
That's an astounding statistic when you consider that an alarming number of businesses are still relying on outdated backup systems to store and retrieve the data that is the lifeblood of their business.
More alarming is the fact that the average failure rate of disk and tape drives is 100%. No, that's not a typo. Most don't realize that ALL tape drives fail at some point. And the manual process of switching external hard drives or tape backups is plagued with human error and software glitches.
What's really dangerous, though, is that most companies don't realize their data isn't secure until it's too late!
That's why thousands of businesses lose millions of dollars' worth of data to disasters like fires, power outages, theft, equipment failure, and even simple human error. In almost every case, these businesses had an outdated backup system in place, and were horrified to discover that it wasn't working when they needed it most.
How much would it cost you to recover from a loss like this? Most companies grossly underestimate the costs involved.
Here are some real numbers to consider