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Just How Much Money Can Backup Disaster Recovery Save You?

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Just How Much Money Can Backup Disaster Recovery Save You?

If you’ve never had a server backup disaster, you may not be aware of just how much this can cost. It’s not just the cost of the lost data that can be a problem. Once you add up all the other factors, you could be looking at a huge price. In 2017 alone, billions of dollars were lost due to lost or damaged data. Let’s break down why this loss can be so expensive, and why server backup services with IT Partners+ can be a lifesaver.

The biggest reason that this is such a costly issue is the loss of productivity in your company. There are four main factors that figure into the cost of data backup disaster:

*  Start with the hourly earnings of your staff.

* Now consider how much of their time is spent being productive solely due to the IT systems and data that you need for them to be able to access. If your employees are reduced to only the hard data you have on hand, how many hours of productivity can they truly accomplish?

* Now subtract those hours from what they normally produce, to get the number of hours they are having “downtime” due to the backup disaster. If you pay your employees $20 per hour, and they aren’t able to accomplish more than half their usual rate of productivity, that’s $10 per hour of pay that is being lost with no production to show for it.

* Now multiply that number by the number of employees affected. If you’ve got 10 employees, each with $10 per hour being lost, that’s $100 per hour your company is spending until you find the right business IT solutions for the backup disaster.

As you can see, this problem can get very expensive very fast, especially if you have more employees, or if they make higher salaries. At IT Partners+, we offer backup services to Grand Rapids, MI, and surrounding areas, to help business owners avoid this costly problem. The overall cost of a backup disaster can have a real impact on your bottom line if you aren’t careful. Our solutions include 24/7 monitoring to ensure that your network is always up and running, and that backups are always maintained. To learn more, contact us in Grand Rapids at 616-828-1010. Our team also works with clients around the country.

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