that 93% of businesses that suffer a significant data loss are out of business within five years. Despite that chilling statistic, surveys indicate that 72% of
companies do not have a business continuity or disaster recovery plan. If your environment experiences an outage condition and you do not have a
plan, your future as an organization could very well be at risk. Plan to survive!
Reality Check
How exposed are you to physical threats like:
- Flooding
- Fire
- Hazardous Materials
- Natural Disaster
What about more likely threats such as:
- Software/Hardware Failure
- Virus/Malware Attacks
- Human Error
Loss of Continuity = Significant Business Loss
In today's business enviroment, IT systems are a critical part of your operating environment. A significant system or network disruption can have tremendous impact on your ability to deliver products and services. How long will your customers wait for you to recover? How long can they afford to wait while you struggle to restore your systems and communication? Industry reports indicate they won't wait long at all:
- 44% of businesses fail to reopen after a fire and 33% of these failed to survive beyond 3 years
- 93% of companies that experience a significant data loss are out of business within five years
- 93% of companies that lost their data center for 10 days or more filed for bankruptcy within one year of the disaster
- 40% of respondents to a insurance survey said their business would be at risk after 72 hours of systems or data center failure
- 50% of impacted businesses in North Carolina never reopened or failed within two years after Hurricane Floyd in 1999
The bottom line is that even a short to medium length disruption to your ability to support your customers and maintain your back office business processes can have a terminal impact on your existance as an organization. The solution to this very real problem is to develop a Business Continity Plan - a logistical plan to recover critical business functions after an unexpected disruption.
What can NovaTech do?NovaTech has developed a collaborative methodology that can be used to guide the development of a Business Continuity Plan. This methodology provides a framework for discussions to identify realistic threats to your business operations and prioritize criticial business processes and applications for recovery. Using this information, we can craft a Business Contunuity Plan with technical, process, and "people" components that can be used to recover your IT environment after suffering an unexepected disruption. Plan today to survive tomorrow!
