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1.
Computer Disasters May Lead to Business Failures
90% of all companies that experience a computer
"disaster" and have no survival plan, go out of business within 18 months.
(Source: Price Waterhouse).
2. Increase Computer Systems
Availability 28% of all computer system breakdowns
are caused by power failures (Source: National Computing Center), power
failures that reduce system availability to all users.
3. Prevent Loss of
Reputation
Insurance cannot provide relief from loss of
goodwill, market share and damage to a company's reputation following a
computer "disaster".
4. Improve Profitability
More than 33% Of companies that experience a
computer " disaster " lose between $15,000 and $500,000 USD. 20% lose
between $500,000 and 1.5 million USD. 15% of companies lose over $1.5
million USD.
5. Improve Employee
Productivity
A recent survey of 450 leading companies showed
that each organization suffered an average of 6 computer failures a year. In
each case, it took an average of four hours to get the system back up and
running leaving employees who used the system stranded.
6. Eliminate Recovery Time
Over 33% of companies that suffer a computer "
disaster " take more than a day to recover from the disruption. 10% take
more than a week (Source: National Computing Center).
7. Prevent Long Recovery
Cycle
Insurance claims are not normally settled until
long after the " disaster " has occurred.
8. Eliminate Re-inputting of
Data
The re-inputting of lost data can take days, weeks,
or even months. Sometimes data is lost forever.
9. Eliminate Timely System
Reconfiguration
It can take up to 48 hours to re-configure a
multi-terminal or network system following a power failure.
10. Commonly Identified
Disaster Consequences
IBM's list of the ten most commonly identified
consequences of computer breakdown:
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Loss of
business/customers
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Cash flow problems
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Inability to run payroll
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Loss of
operational data
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Loss of
customer account management
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Loss of
goodwill
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Deterioration
of customer service
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Backlog of
work/loss of production
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Financial
loss
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Loss of
financial control
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