The cost of a technology outage can cripple a business. Discover how much an outage could cost you and how you can minimise downtime and keep your business running with SpecTronics Business Continuity.
Recovery & Data Storage
?Systems include, but are not limited to, email, documents, specific business systems (e.g., point of sale, shipping & logistics,databases), etc.?
How long can your business survive without access to your IT systems?
?If disaster strikes, work often stops and any work that does occur often must be redone. How many hours of work are you willing to repeat in a worst case scenario?
How many hours of work are you willing to lose / repeat?
?In order to give you a correct calculation we need to get an idea of how much data you have in your system across your organization.
How much data do you have on critical business systems?
?What is the timeframe between each of your backups? E.g. every hour, once a day, once a week.
How often do you back up this data?
?From when disaster strikes, how long does it take you to assess the situation, access your backups, and start the recovery process?
How long does it take to initiate your recovery process?
?Storing your data locally is designed for fast data transfers, however you are at risk if there is a disaster in the office such as fire, floods or theft. Cloud data is stored off-site, such as in a SpecTronics data center, which brings an extra level of availability albeit at a slower speed for full bare metal restores.
Where do you currently store your backups?
?Speed of cloud recovery comes down to the amount of data you are trying to recover and your download speed. Devices with slower connections will take longer to recover.
What is the download speed from your cloud backup location? Unsure? Run a test here
Downtime & Recovery Costs
?Nearly every employee will be impacted by an IT outage and will not be able to perform their job obligations to a certain degree. We recommend including the entire staff in this field.
How many employees do you have?
?Even if the business stops due to an outage and employees are not able to perform some, or all, of their duties, employee wages typically are still paid. We are assuming yours will need to be paid, and this must be included in your cost of downtime calculations.
What is their average annual salary per employee?
?All staff come with overhead costs like, gas, electric, rent, etc. Normally, this is about 50% of the average salary.
What is the average annual overhead cost of an employee?
?For most businesses, an outage will halt the ability to product and accrue revenue. We are assuming that your revenue will case during an outage, and so annual revenue helps to calculate the average cost of lost revenue during downtime.
What is your business's annual revenue?