Downtime from natural and man-made IT disasters costs an organization about $300,000 per hour, and that doesn't include lost productivity, reputation, and market share. A recent study found that 94% of businesses that lost systems for 10 days or more due to a disaster would not survive: 43% were forced to close immediately, and 51% went bankrupt. production within two years.

As businesses become more digital and data environments become more vulnerable to threats from both man-made and natural disasters, organizations of all sizes are rethinking their resilience and data recovery strategies. So, what is the difference between fault tolerance and data recovery? Do you need both? Simply put, data failover is proactive, and data recovery is reactive. However, a solid restoration strategy includes disaster recovery, backup, and security components. Read our quick guide on how to balance data resilience and recovery. Overall, it's clear that industry leaders share the exact definition of data resiliency and agree that it's an important component of any enterprise infrastructure strategy.

To disseminate further information on this issue, Group Futurista is releasing the latest episode of an interactive and informative webinar on the Future of Data Resilience & Recovery Virtual Summit. Book your slots asap.