University of Minnesota mel has searched the University of Minnesotas website for any reference to the statistic"d, and having been unable to locate a relevant document has sent the organisation an email asking for help in locating the source. Unfortunately, the University has yet to reply. Datapro is a market research company subsequently taken over by gartner. Andrews search of the gartner web dissertation site failed to find the report. The"tion is also cited at m/text. The report was in 1990. University of Texas report also cited at m/industry-stats The report was written by paucant, mitroff and Weldon in 1990 and cited in Datamation, june 14, 1994. 13 Companies that aren't able to resume operations within ten days (of a disaster hit) are not likely to survive. (Strategic Research Institute) fo/.
93 percent of companies that lost their data center for 10 days or more due to a disaster filed for bankruptcy within one year of the disaster. 50 percent of businesses that found themselves without data management for this same time period filed for bankruptcy immediately. (National Archives mattress records Administration in Washington) Mel has searched the archives and can find no reference to the statistic"d (interestingly, theres not much in the archive on disaster recovery prior to 2005) Andrew: They may have purged old records see also 25 and. 12 Studies conducted for similarly developed societies show for example that 80 percent of companies having an extended disaster go out of business within five years (University of Minnesota that 50 percent of companies having a disaster without a plan go out of business within. After a major disaster an average company will lose at least 25 percent of the daily revenue in the first six days, while over 40 percent will be lost if a disaster last sic up to 24 days (University of Texas). Source: le secretariat, la convention Européenne, bruxelles, december 2 2002 (05.12) conv 444/02 t/. The actual"tion extract is: It isestimated that more than 80 percent of the largest firms in the us are totally or heavily dependant on technology and that, on average, a company would lose 25 percent of its daily revenue after the sixth day.
Mel searched their website for any reference to a document containing something like about 60 percent of businesses that experience a major disaster such as a fire close within two years, and having been unable to locate the document"d. However, he sent the organisation an email asking for help in locating the source and received the reply The only similar statistic i know about from an arma publication is from the 1997 arma book emergency management for Records and Information Management Programs, which"s. The citation for this is: Leslie butterfield, What Matters Is Not What Happens, systems Management 3X/400 23,. 4 (April 1995. I will tell you that my efforts to find a current statistic about this from other sources, including the national Fire Protection Association, have been in vain. When I last checked a few years ago, the nfpa did not have any study about this, even though it has been frequently"d as having one. Leslie butterfield mel has been unable to track down the article What Matters Is Not What Happens, systems Management 3X/400 23,. 4 (April 1995 40, but its about the ibm system36, 38, and AS400 Andrew: They may have purged old records. 11 60 percent of companies that lose their data will shut down within 6 months of the disaster.
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It may be the articles date, since it was published April 25, 2005. . Gartner may have purged old records 8 But when Gartner predicts that two out of five enterprises that experience a disaster will go out of business within five years of the event, companies might want to sit up and take notice. Andrew: I think this was a pr teaser for a relatively recent the report. 9 According to the Association of Records Managers and Administration, about 60 percent of businesses that experience a major disaster such as a fire close within two years. According to labor Department statistics, over 40 percent of all companies that experience a disaster never reopen and more than 25 percent of those that do reopen close within two years. Damicon provides Freelance technical Writing, disaster Response Planning, and Security management services to firms homework throughout New England, and is a secondary source"ng the Association of Records Managers and Administration and us department of Labor.
Us department of Labor mel has searched the us department of Labors website for any reference to a document containing something like over 40 percent of all companies that experience a disaster never reopen and more than 25 percent of those that do reopen close. Andrew: this looks like the same as us department of Labor above; Datapro at 12 below and Contingency Planning Research plan strategic Research Corporation at 14 below and McGladrey pullen at 25 below. 10 80 percent of companies without well-conceived data protection and recovery strategies go out of business within 2 years of a major disaster. Source: us national Archives and Records Administration. This company sells tape drives and is a secondary source,"ng the us national Archives and Records Administration.
M/ Bob j varcoe is referenced at Not Us, surely? Disaster Recovery for Premises, Property management V11, 1993 n11, 11-16 Emerald Insight is a publishing company, and in searching for the paper written by varcoe in 1993 all Mel managed to find was one by varcoe in 1994 with the following abstract An organization's facilities. Seeks to identify some of the key issues for surviving premises-related disasters including provision of necessary accommodation by assessing available space resources. No time is available after a major disaster for this assessment, thus contingency plans must be in place to avoid as much disruption as possible. Identifies other ideas which can sensibly be implemented before the event to minimize the after-effects and concludes with the thought that gaining time before the event is very important for an organization to survive such disasters.
If the number 80 is added to the keyword search of Varcoe computer disaster 1993 bankrupt, the 1994 paper is not listed, which implies that the paper does not contain the 80 statistic. 7 A recent study from Gartner, Inc., found that 90 percent of companies that experience data loss go out of business within two years. (Written April 5, 2005) m/ The website of the national Association of Home builders"s this in an article from cmit solutions (who provide it products and services to smes). Mel has searched Gartners website for any reference to a document written on or around April 5, 2005 about data loss, and has been unable to locate the study"d. However, i sent Gartner an email asking for help in locating the source, and received the reply we would like to inform you that we would not be able to locate the document that contains the below". And also, from the link that you have provided, it looks like a customized report for the client or it could be a" from an analyst, which is not necessarily a part of any document on the gartner website. Andrew: I doubt this is a recent survey i think it goes back to the early 1990s.
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Also attributed to McGladrey and Pullen. 4, within two years after Hurricane Andrew struck in 1992, 80 percent of the the affected companies that lacked a business continuity plan failed (fema). Itaa n is the Information Technology Association of America, a trade association, and is a secondary source,"ng fema. Fema is an agency of the us government tasked with Disaster Mitigation, Preparedness, response recovery planning, and despite there being a wealth of interesting information on the subject of Hurricane Andrew on their website, mel could find no reference to anything like the". Andrew: Document listed (but unavailable) at http www. 5 80 of businesses suffering a computer disaster, who have no disaster recovery plans, go out of business. A bridge too far, ibm business Recovery service cranfield, 1993 Mel searched the ibm and Cranfield websites and was unable to find any reference to the source or"s any sort of failure statistic following a disaster (but see emerald below). 6 Research by ibm (Varcoe, 1993) showed that 80 per cent of organisations without relevant contingency plans who suffered a computer disaster went bankrupt.
The" is here. 3 70 percent of companies go out of business after a major data loss (Source, uk dti). This company sells data retrieval insurance and is a secondary source,"ng the dti. The dti undertakes regular surveys regarding it security, and despite there towns being a vast number of interesting statistics on the subject on their website, mel could find no reference to anything like the". Other sources attribute to contingency Planning, Strategic Research Corp and dti/PWC (2004) and is widely"d in diana Shepstone, national Data Awareness Project (2007). . I thought the most likely source was dti / pwc security Breaches Technical Report 2004, but could not find these figures. In the 2006 report it said: Only one in twenty large companies (and no very large ones) could operate their businesses without it systems. . This rises to one in six small businesses that could continue their businesses without.
Bureau in their Statistics pages. I have just revisited their site, having not been on it in the last 12 months, and noticed that they have now changed their wording to say: Many businesses never entirely recover - losing orders, contracts, key employees or may go out of business resulting. So i think we will make changes to our website to reflect their change. 2 80 of businesses affected by a major incident either never re-open or close within 18 months (Source, axa). Andrew: The axa 2007 report was"d by bert van der Zwan in an article about smes and.
Mel Gosling is managing director of Merrycon Ltd, which specialises in providing Business Continuity products and services. Andrew Hiles is managing director of Kingswell International. continuity central readers who know of other similar statistics or who would like to comment on those listed below, please email. Note that some of the links are currently unavailable but have been left in the text as a record of where the information was originally available. Reference /"tion / source, comment 1, over 70 of businesses involved in a major fire either do not reopen, or subsequently fail within 3 years of fire. Consider essay these odds: one out of two businesses never returns to the marketplace following a major disaster. Of those that do, half go bankrupt within three years. The ones that survive plan their response to a disaster before it strikes.
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Business continuity statistics: where myth meets fact. Mel Gosling and Andrew Hiles explore the roots of various often"d business continuity statistics. In 2008, continuity central published an article by mel Gosling entitled. The 80 percent myth which looked at the business continuity professions very own urban legend: the 80 percent statistic. This is the often repeated statistic that 80 of businesses affected by a major incident close within 18 months; the source of which has always been elusive. Following the article and subsequent reader comments by Andrew Hiles (amongst others mel and Andrew set out to track down the many similar statistics that exist and to detail their source. The results are published below.