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Most companies without a business continuity plan fail to recover from an incident that destroys their critical computer systems or records.
20% of all companies will suffer fire, flood or storm, power failures, terrorism or hardware or software disaster. Of those without a business continuity plan:- 43% will never re-open 80% fail within 13 months 53% of claimants never recoup the losses incurred by a disaster
Source: Aveco
90% of businesses that lose data from a disaster are forced to shut down within 2 years of the disaster
Source: London Chamber of Commerce
50% of businesses experiencing a computer outage will be forced to shut within 5 years
Source: London Chamber of Commerce
43% of companies who have a business continuity plan do not test it annually to ensure it works
Source: London Chamber of Commerce
Major systems downtime costs 15% of organisations over £50,000 per hour
Source: Information Age
Recent survey results by Eagle Star and Association of British Insurers:
Out of 330 companies surveyed, 43% have no contingency plan 91% said that contingency planning involves fitting locks, fire alarms and sprinklers Of the 187 companies who had a plan, only 18% had ever tested it.
Most companies value 100 megabytes of data at more than £600,000 (source: Gallup). Due to the critical nature of business data and e-mail messages to the organisation and the potential impact incurred by the business at the loss of this data, HedgeConnect offer the most comprehensive, reliable and cost effective DR solution to data and email back up, access and provisioning.
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