Major data losses can cripple a business. According to the Disaster Recovery Preparedness Council, 73 percent of companies worldwide are failing in terms of disaster readiness. Reported losses from a disaster ranged from a few thousand dollars to millions of dollars with nearly 20 percent indicating losses of more than $50,000. One recent outage could cost a major SaaS provider upwards of $20 million. An Aberdeen and TechTarget survey found that only six percent of medium-sized companies recover long-term from major data loss. Obviously while you can’t attribute those failures solely to data loss, it is striking that 94 percent of companies will never recover long–term from such a loss.