Business interuptions and operational failures: The costs might be higher than you think
Every business leader knows that recovering from floods, fires and other major disasters is expensive. The lesser known truth: more frequent disruptions-such as hardware failures, security breaches and routine power outages-can cost organizations as much or more in both financial loss and reputational harm.
In today's always-on global business environment, organization leaders need near-instantaneous failover and failback of their critical business applications to guard against "disasters" of all shapes and sizes.
The real cost of IT disruptions
What can you afford to lose?
Up to 9+ hours restore timeAccording to a recent study by the Aberdeen Group, organizations without robust recovery systems in place can expect to experience more than four business disruptions each year, with recovery times ranging from one hour to more than nine hours. At an average cost of USD138,000 per hour, that price is simply too high for most businesses.
What is your brand worth?
True price of reputational harmDisasters and disruptions can take a significant toll on a company’s bottom line. But they can take an even greater toll on a company’s reputation. A quick scan of the local Indian news reports illustrate what official studies have, proven—disruptions can do irreparable harm to an organization’s brand, especially in the online marketplace where opinions are widely shared through social media. When companies suffer data breaches, system failures or data losses, their recovery time might measure in minutes or hours; but restoring customer trust may take weeks or months—or be completely out of reach.
Read the report.
India's unreliable power system has vastly increased business expenses, dragged down productivity and hampered economic growth in the country.
Corporate reputations are increasingly difficult to manage in the digital era, and IT failures are a frequently overlooked vulnerability. Watch this web seminar to learn about how to assess potential risks, protect your brand and control costs, while managing resilience.