HP Tape Drives and Libraries Customer Presentation - January 2011

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The Cost of Downtime Goes Beyond Finance
• Two out of five companies that experience a catastrophe or an
extended system outage never resume operations, and of those that
do, one-third go out of business within two years…”
Gartner Group
• In the UK, studies show that 70% of businesses that suffered
catastrophic data loss, were closed within 18 months.
UK Dept of Trade and Industry
•
93 percent of companies that suffer a significant data loss are out of
business within five years…
U.S. Bureau. of Labor