According to research by the University of Texas, only 6% of companies survive a catastrophic data loss, while 43% never reopen and 51% close within two years. In spite of those shocking statistics, Gartner Research estimates that only 35% of small and medium businesses have a comprehensive disaster recovery plan in place.
It might feel like focusing on the negative, but it?s just good business to be prepared. Companies that create disaster recovery and business continuity plans proactively do so hoping they will never have to use them. Whether ?disaster? is defined as natural, such as a flood, snowstorm or hurricane, or man-made, such as the loss of power or networks due to an accident, the event can potentially have a significant impact on your business.
Source: Verizon Small Business Center
Source: http://www.bizjama.com/be-more-successful-develop-a-disaster-recovery-plan/
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