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The Cost of Downtime Calculator has options for recovery costs, fines and penalties, contractor costs, employee salaries, and several other options. My team is currently working on an enhanced functionality update that will be available in 2-3 months after we conduct some additional testing.
We are also working on an additional upgrade for enterprise systems that will allow for more detailed calculations.
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Nobody likes to think about the bad things that can happen in life, but all too often, history has shown that procrastinating on safeguards means a bigger and more expensive cleanup to follow.
Caindec suggests that clients can realize clear benefits by moving their DR plan to the cloud, with cost savings of 70% up to 90% from traditional tape-based backup and restore systems.
Another major cost source comes from the depth of the recovery; in other words, how far back in time do you wish to restore from? Caindec’s statements come at a time when companies of all sizes – even those with well-established backup and DR systems in place, are migrating out of the age in which only non-critical projects are cloud-based. He cites a Dimension Data case study, in which their client, ClearBenefits, an employee benefits and health plan administration service, was able to improve their Service Level Agreement (SLA) from 95% to 99.9%, which enabled them to better fulfil their compliance with Heath Insurance Portability and Accountability Act (HIPAA) regulations through the development of a “hybrid cloud solution, using its cloud offering for the public-facing front end, and a private database back-end.
When running a small workload, Dimension Data’s cloud solutions were significantly less in cost vs. This report, Caindec says, is yet another proofpoint of the economic benefits of Dimension Data’s CaaS offerings, and follows on the heels of a report by the Tolly Group, which found that between Amazon, Rackspace, IBM and Dimension Data, the network-centric approach used by Dimension Data’s enterprise-class cloud helped lower cost and risk, and accelerate migration of mission-critical apps to the cloud.
Ultimately, he says, a company has to review its Business Continuity strategy regularly, not only for audit purposes but for actual insurance against critical failure of operations.
Author More ArticlesAbout Steve PrenticeSteve Prentice is a project manager, writer, speaker and expert on productivity in the workplace, specifically the juncture where people and technology intersect.
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Where Is The Tipping Point For The Flying Drone Market?The Flying Drone Market In the past year I have written a number of articles here on CloudTweaks about Drones. From Illusion To Reality: Up Personal On Cloud Computing PrivacyCloud Computing Privacy We are under an illusion around the cloud computing.
The Rise of Fintech and the End of Traditional BankingThe Rise of Fintech Developments in financial technology, or fintech, are changing the way we make payments, with new products gradually transforming how personal and commercial transactions are processed. Why Hybrid Cloud Delivers Better Business AgilityWhy Hybrid Cloud Delivers Better Business Agility A CIO friend of mine once told me that a hybrid cloud model enables him to “own the base, rent the spike” when it comes to unplanned events. CloudTweaks is recognized as one of the leading influencers in cloud computing, infosec, big data and the internet of things (IoT) information. Emergency bulletins and updates regarding disaster situations will be posted on this page. Any questions regarding emergency bulletins should be referred to City Hall at 801-776-0971.
The City is a participant in CityWatch which enables us to call residences using an automated system. You can visit the Cost of Downtime Calculator page directly on Continuity Company to learn more about the capabilities. This is why, in business, the principles of Disaster Recovery and Business Continuity are so important; and with all things business, the cloud is turning out to be an excellent place for companies to turn to for solutions. He states these savings come from a dynamic system of load sharing that Dimension Data specializes in. Caindec points out that most companies set both a Restore Time Objective (RTO) and a Restore Point Objective (RPO), which jointly answer the question of how far back in time and data does a client need to go to get back up to speed?
The use of the dynamic characteristics of the cloud makes it easier and cheaper than ever, without compromising integrity. Conversely, it has never been possible to transform from market leader to market memory faster than now. Our goal is to continue to build our growing information portal by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.
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Or a small outage that can occur from applications errors, server downtime, or even a power outage. We also have an option if you want to add in customized and more accurate calculations directly attributed to your business. You can also use the Cost of Downtime Calculator to calculate what your Recovery Time Objective (RTO) will cost. The initial app is capable of handling nearly all small businesses and most mid-sized organizations. For example, to meet the needs of a financial client, RTO can be about 4 hours, which can be expensive. One thing I’ve used my drone for is proving I didn’t need to do the worst fall maintenance job ever. On-Premises The surface costs might give you pause, but the cost of diminishing your differentiators is far greater. However, cloud impacts personal user privacy and potentially exposes their private data in ways they may not have anticipated.
If you need additional functionality you can purchase an upgrade for $9.99 that should cover all your needs. With a cloud-based RPO it can be a fraction of the cost, since it is easier to map usage to the actual profile of a client’s business requirement. Potential savings are historically the main business driver cited when companies move to the cloud, but it shouldn’t be viewed as a cost-saving exercise.
The way we do it in the cloud, you can set up the data and hold it in disk, but you do not have to have unused servers running.

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