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Few companies are immune to paralyzing technology glitches. The bottom lineâ€”and this is a true bottom-line issueâ€”is that downtime costs money. And letâ€™s face it; nothing speaks louder than a threat to the bottom line.
So you need to do the math. Assemble a team of advisers and experts from across your firm to help you gather data and crunch the numbers. By following these steps, you can put together a business impact analysis (BIA) that shows the real costs if your business systems fail.
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