Disaster recovery gaining importance among Indian companies: Survey
Soaring downtime costs and more stringent IT service-level requirements to mitigate risk to business are putting disaster recovery (DR) pressures on enterprises, a survey said.
Conducted by Symantec Corporation as its fifth annual IT DR survey, it said that the DR budgets are higher in 2009 and they are expected to further increase in the next two years.
Even as 79 per cent of Indian enterprises faced computer system failures in the last one year, virus attacks (67 per cent) and fear of data loss (51 per cent) are the major initiators for disaster recovery plans in Indian enterprises, the survey said.
Owing to disasters, 67 per cent of Indian enterprises fear loss of data, while 63 per cent of the enterprises are concerned about damage to customer loyalty and 49 per cent of the enterprises are concerned about damage to competitive standing in the market.
"The extent of dent and damage caused by downtime due to natural, man-made and system disasters and the business continuity issues arising from it have made Indian CIOs take a 360 view on mitigation strategies," Symantec India's Systems Engineering Director, Anand Naik, told reporters here.
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