Organizations continue to spend on business continuity and disaster recovery, but BC/DR is still not a budget top priority, according to newly-released data from Forrester Research.
In the immediate aftermath of a disaster or pandemic, people usually take stock of how unprepared they were for a crisis and are full of good intentions that next time disaster strikes, they will never again be caught unaware. But just a few months after any major crisis, a reality check usually shows that good intentions have given way to what now seems to be more pressing budgetary priorities, and planning momentum for a disaster has subsided. Continue reading A Decade After 9/11, Business Continuity Is Still A Work-In-Progress On Wall Street
According to Forrester’s recent survey of 2,803 IT decision-makers, improving their business continuity and disaster recovery capabilities is the number-one priority for smaller and mid-sized businesses and the second highest priority for enterprises for the next 12 months.
Why would any organization choose during these critical times to implement a Business Continuity (BC) or Continuity of Operations (COOP) program?
Getting money for a data center disaster recovery plan is difficult enough; when the economy goes soft, it gets harder.
Disaster recovery (DR) budget preparation is time-consuming, but with the right tools, the budgeting process for disaster recovery and business continuity (BC) programs can be less intimidating.
Businesses of all sizes wrestle with the “what if” scenarios that comprise business continuity planning. What if critical equipment fails? What if our network connection is cut? How much should we invest to ensure that the “what ifs” don’t cripple the business?
For many, the biggest inhibitor to implementing an effective disaster recovery (DR) plan is cost.
Virtually every business organization understands successful operations depend on the continuous availability of its applications. Most companies rely on internal applications – ranging from enterprise resource planning to payroll systems – to keep the wheels of their enterprise turning.
If there was an overriding theme in disaster recovery in 2009 it was make it cost as little as possible.