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 A study by SOS Online Backup
regarding backup practices of small businesses
and consumers revealed that small businesses and consumers
do not frequently back up their data. The study
found out that "not having enough time" was the
leading cause for the lack of regular backup of
respondents.
The study also found out that nearly 50% of small businesses
do not backup their data on a daily basis. It
was quite a surprise to find out that although over 90% of small businesses
have a policy to backup their computer data
files on a daily basis, only half of them actually do backup their data
on a regular basis.
You really have to
backup all your business files and protect
your business.
Another interesting finding of the study was
that businesses that do backup "spend a considerable amount of time each day safeguarding their data".
And of those that do backup, 64% of small businesses spend at least 15 minutes backing up their data, which totals almost 65 hours
a year or nearly 8 business days. For small businesses
that have employees who are 100% utilized, that
amount of time is lost productivity which can be
used for other core areas of the business.
The SOS study estimates that among the small businesses surveyed (businesses
with 1 to 15 employees), 31% are spending between $500 to $2,500
a year on their current backup operations. An additional 19% of those surveyed are
estimated to be spending more than $2,500 a year on their existing backup systems, when fully costed to account for the loss of productivity and labor.
Read more on this study here:
SOS Online Backup
Read: Which Online Backup Service Is Right For You:
Carbonite, Mozy, or Norton?
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