Downtime is real and it’s costly. How costly exactly? Depending on the size of the organization, the cost per hour of downtime is anywhere from $9,000-$700,000. On average, a business will lose around $164,000 per hour of downtime. The numbers speak for themselves. What causes downtime? Network outages and human error account for 50% and 45% of downtime, respectively. Meanwhile, natural disasters account for just 10 percent of downtime While most small businesses may not have the same size IT budget as larger enterprises, the risks facing their business data are the same. Data backup solutions come in all different flavors. No matter what solution you chose, implementing data backup and business continuity should be a priority for your organization.
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