The Costs of 24/7 Always-On Business

The Costs of 24/7 Always-On Business

Veeam Software published a recent survey by Vanson Bourne, an independent market research firm, of 760 senior IT decision makers of firms employing 1000 staff or more across United States, United Kingdom, Germany, France, Italy, the Netherlands, Switzerland, Brazil, Australia and Singapore has come up with some very interesting and costly data.

Organisations are under pressure to provide 24/7 access to IT services and 90% of respondents are increasing their requirements for minimising downtime and guaranteeing access to data. Yet despite this, there is a clear gap between Always–On business requirements and what legacy backup solutions are currently providing. According to the survey, businesses need to recover mission critical information in 60% of the time it currently takes them and backup 1.5 times more often. The financial impact of this seems staggering.

To cut a long story short, in Australia there are 10 incidents of unplanned application downtime per year lasting 58 minutes each time and costing US$78,873 for mission critical apps (US$20,518 for non-mission critical systems). Compounding this, the cost of actual data loss itself is a further US$84,000 and US$26,000 respectively.

When compared to the frequency of backups for applications in Australia a single incident can be as high as US$406,000 for mission critical applications and over US$456,000 for non-mission critical ones. When totalled up, the average annual cost of downtime is as high as US$5.2m. But spare a thought for the Italians where their costs can eclipse $22m per year.

So where am I going with all this?

You may have guessed it, but a true cloud based system, one that guarantees up-time to 99.5% of the time, but actually delivers 99.97%; a system that never requires you to backup your data and one that upgrades itself twice a year, seamlessly, would sort your problem out.

That system is the world’s leading cloud based business suite and has been implemented in more than 20,000 organisations globally, and over 2,300 in Australia and counting. Rather than a hurriedly-cobbled-together-on-premise solution that has been shoved on to a web server, the system has been developed from the ground up for the internet making it infinitely more flexible. That system is called NetSuite and you can learn more by contacting us via the form below, or visiting this link.

To read the full white paper click the following link: Veeam Data Center – Availability Report 2014