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Volume 32, Issue 4

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Wednesday, 21 November 2007 23:44

Are You Managing The Risk Of Downtime?

Written by  Walt Hintons & Rob Clements

Can you imagine going out of business next month? Next year? Without an adequate disaster recovery plan, what seems like an unlikely scenario could become a very frightening reality. Corporate data is growing exponentially, and, with it, the potential for disaster to strike: namely, extended periods of data inaccessibility, or worse, total loss of data. International Data Corp.’s conservative estimates put data growth at 80 percent per year. As the amount of data grows, so does a company’s dependence on that data to generate revenue, increase customer penetration and satisfaction, support day-to-day operations, and ensure the long-term success of the business. A disaster recovery plan functions as a kind of data insurance policy against unplanned outages and/or data loss. This data insurance policy guards against dollar losses that can range anywhere from occasional dings of a few thousand dollars, to mounting debts which may eventually put the company out of business. In