– Companies are risking downtime and data loss with little or no DRaaS planning –
In the event of a disaster, such as business outages, hardware or software failures, security or data breaches, are companies sufficiently equipped to react and recover from downtime and data loss? The answer is a resounding “NO.”
NTT Com surveyed a range of organizations varying in sector to assess how prepared they are to deal with a disaster causing downtime and financial losses. The results are extremely troubling. The NTT Communications Business Continuity and Disaster Recovery (BCDR) Readiness survey revealed that though downtime can cost an average of $7,900 per minute, disaster recovery is underfunded, overlooked and unsupported.
For more information, NTT Com invites you to join a free webinar on Wednesday, March 25 at 1 p.m. EDT / 10 a.m. PDT. The NTT Com “The State of Disaster Recovery” webinar will cover:
- Market trends around business continuity and disaster recovery
- Cloud based DRaaS benefits and advantages
- Case studies and use cases
- NTT Communication's global capabilities
Sign up ASAP to reserve yourself a spot!FAST FACTS
- Five in ten companies do not test disaster recovery plans, if they even have one (about 50%)
- Though 90% of IT managers agree BCDR is vital, less than 5% of respondents’ annual IT budget is allocated to disaster recovery
- Of those who do perform testing, only 25% can claim tests met target recovery objectives
- 50% employ only 1 back-up method for data protection
- Nearly half could not estimate the financial impact of a disaster event; others estimated up to $1 million in losses
- Downtime can cost an average of $7,900 per minute
NTT COM EXECUTIVE WEIGHS IN
“According to our survey, most companies are ill prepared for a disaster event of any kind and there is significant risk to the business that, by respondents’ own admission, should be addressed but is basically being ignored,” said Indranil Sengupta, senior director cloud services development, NTT America. “These findings were a real shock. When we conducted the survey, we thought companies might need to do a better job preparing, but operations downtime can be devastating to any business and their customers, so we weren’t expecting a lack of preparation at this scale.”
- Download the white paper for all the details from the NTT Communications Disaster Recovery & Business Continuity Readiness Survey.
- View a quick snapshot of the most surprising findings via the infographic here.
- Join our free webinar on Wednesday, March 25 at 1 p.m. EDT / 10 a.m. PDT.
About NTT Communications Corporation
NTT Communications provides consultancy, architecture, security and cloud services to optimize the information and communications technology (ICT) environments of enterprises. These offerings are backed by the company’s worldwide infrastructure, including leading global tier-1 IP network, Arcstar Universal One™ VPN network reaching 196 countries/regions and 140 secure data centers worldwide. NTT Communications’ solutions leverage the global resources of NTT Group companies including Dimension Data, NTT DOCOMO and NTT DATA.
NTT, NTT Communications, and the NTT Communications logo are registered trademarks or trademarks of NIPPON TELEGRAPH AND TELEPHONE CORPORATION and/or its affiliates. All other referenced product names are trademarks of their respective owners. © 2015 NTT Communications