11 very frightening statistics on data loss and backup

The statistics on data loss and backup are no laughing matter.

Many people believe a disaster (be it man-made or mother nature) will never happen at their workplace. And, as a result, are quite lax about making sure they have the appropriate technology to support their business. The below are recent statistics on data loss and backup that will make you re-think that choice:

• 86% of server workloads are forecast to be virtualized by 2016 (2014-­15 Virtual Server Backup Software Buyer Guide)
• The number one IT priority for mid-market organizations over the next 12 months is to improve data backup and recovery. (ESG Lab Review: Data Protection, Recovery and Business Continuity with SIRIS 2 from Datto)
• 96% of all business workstations are not being backed up (Contingency Planning and Strategic Research Corporation)
• 58% of downtime incidents are caused by human error alone. Natural disaster account for only 10% of downtime (Enterprise and the Cost of Downtime, Independent Oracle User Group, 2012)
• 35% of servers have a downtime tolerance of 15 minutes or less (ESG Research: BC/DR Survey Final Results, Enterprise Strategy Group, 2015)
• The leading cause of incidents and outages is hardware failure/server room failures. Next is environmental disasters, and last is miscellaneous outages (The 2015 Disaster Recovery & Business Continuity Survey)
• 93% of companies that lost their data center for 10 days or more during a disaster, filed for bankruptcy within one year of the disaster (National Archives & Records Administration in Washington)
• Of companies that suffer catastrophic data loss: 43% never reopen and 51% close within two years (University of Texas)
• 30% of all businesses that have a major fire go out of business within a year and 70% fail within five years (Boston Computing Network, Data Loss Statistics)
• The average cost of downtime per hour is $25,000 to $50,000+ (Advertorial Infographic: Why Disaster Recovery in the Cloud Should Be in Your Plans, International Data Group, 2015)
• Companies with 100 – ­2,000 employees are likely to experience costs over $20,000 in the event of a disaster (The 2015 Disaster Recovery & Business Continuity Survey)

Know the statistics on data loss–and contact us about protecting your business’ most valuable asset. . .its data.