90% of all companies that experience a computer "disaster" and have no survival plan, go out of business within 18 months. (Source: Price Waterhouse).
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.
Insurance cannot provide relief from loss of goodwill, market share and damage to a company's reputation following a computer "disaster".
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.
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.
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).
Insurance claims are not normally settled until long after the " disaster " has occurred.
The re-inputting of lost data can take days, weeks, or even months. Sometimes data is lost forever.
It can take up to 48 hours to re-configure a multi-terminal or network system following a power failure.
IBM's list of the ten most commonly identified consequences of computer breakdown: