Think about the impact on the organisation if your systems failed for just one day. How much money would you lose? How many customers would you forfeit? Now imagine that the same systems failure resulted in a complete loss of data. All your files, records and accounts could be lost forever. Could your company even survive? Broadcasters Network International analyst, Phil Proffit, says that the vast majority of data loss occurs because of accidental deletion and not due to viruses. The Financial Times reinforces this idea with the statistic that 50% of companies suffer data loss through human error. With this in mind, it is no wonder that storage strategy is increasingly becoming a boardroom topic of discussion.
It is obvious that organisations should want to protect their data. Research at Gartner states that 93% of businesses experiencing significant data loss are out of business within five years. PriceWaterhouseCoopers expands upon this by highlighting that 90% of all companies encountering a computer `disaster' with no pre-existing survival plan go out of business within 18 months. A good storage strategy ensures that your organisation's most valuable asset is protected and permanently available.
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