Good Back Up Is The Most Important Factor For Your Business!

Many Businesses understand Back Up is good thing to have but don't understand how vital it is! CompuTech can provide you and your company with a peace of mind, knowing that your data is recoveable if a disaster ever strikes.

 

How Much Total Value Does Your Data Have?


This seems like a simple question to answer, but it takes a deeper analysis to answer it correctly.  For example, you have six employees entering data in two shifts for eight hours per shift.  Let's say the average employee is making $12.00 an hour.

That means your data value looks like this:

1 DAY OF DATA ENTRY = $1,152.00   /   1 MONTH = $24,940.80   /   1 YEAR = $299,289.60

Now, please keep in mind that this is ONLY the cost to enter the data into the systems.  To get the true value of the data, we need the IP (intellectual property) value and the costs of potential litigation for data being compromised.  So, here is what the breakdown looks like in total:

The data entry team is inputting 175 mortgages per day on average with each valued at around $210,000.  Therefore:

1 DAY OF INTELLECTUAL PROPERTY DATA = $36,750,000   /   1 MONTH = $795,637,500.00   /   1 YEAR = $9,547,650,000.00

The potential for litigation if data is compromised is around 33%:

1 YEAR OF POTENTIAL LITIGATION FOR DATA COMPROMISE = $3,150,724,500.00
THE GRAND TOTAL DATA LIABILITY PER YEAR = $12,698,673,789.60

This data could be protected and secured for a minimal cost and gives you peace of mind!