For many companies, the loss of computers can be devastating to their business. This is particularly true with their servers that house most of the data they need. Are you adequately protected?
One of the first things you need to know is what you stand to lose if your computers are offline. An easy way to begin calculating the cost is to add up the amount of money you pay each employee per year that is impacted by an outage and divide it by 2000 (number of working hours in a year, with vacations). So five employees, each paid $40,000 per year, cost you $100 per hour to sit around and hope the computers come back up. If you factor in taxes, insurance, and other benefits, it is likely much higher.
You should also consider lost revenue. Will those customers call back? Worse yet, will they call your competitor? The costs of losing customers is much higher than simply a lost order.
This can be a very grim picture. There are things that can be done to mitigate this risk. This is always a trade-off between cost and risk. The less you spend on the system the more risk you are exposed to.
You don’t want to spend any money on disaster recovery and business continuity (it costs too much). Any work that you do is lost and must be able to be replicated. Let’s assume that it will take your five employees one month to put all of the data back in the system. Without considering revenue impact, that is $16,700 (again, no benefits are in that number).
A backup tape (that you KNOW is working) is used and tested regularly for backup. The costs on this vary, but is usually starts at $2000 if it is done correctly. If the server goes down, you are likely to experience 24 to 72 hours of downtime. This is a cost of $2400 to $7200 for the five employees.
An offsite backup with on site virtualization solution is used (and has been tested) for backup. The upfront costs are usually inline with a tape backup with a monthly recurring cost that usually starts at $199 per server. If the server goes down, you will be up in 4 hours. This is a cost of $400 for the five employees.
So, what is your business worth? Of course, these are simply three ways to approach this problem. We can help you evaluate the options that are most appropriate for your business and help you develop a business continuity to keep your business alive.
Call us at 888-95-LOGIX (56449) or visit us online at http://www.logixhelp.com/BDR/ to learn more.