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Palo Alto, CA, United States, 2008/01/29 - New analysis from Frost & Sullivan, Advances in Disaster Recovery Technologies, finds that the need to maintain communications during and after a disaster to ensure business continuity fuels the emergence of innovative disaster recovery products.
Disaster recovery (DR) technologies can expect to make significant progress in the years to come as organizations begin to embrace it due to their ability to ensure business continuity under any circumstances. Having understood the seriousness of the threats posed by disasters and its ability to disrupt business and result in loss of revenues more organizations are expected to invest in DR technologies.
New analysis from Frost & Sullivan (technicalinsights.frost.com), Advances in Disaster Recovery Technologies, finds that the need to maintain communications during and after a disaster to ensure business continuity fuels the emergence of innovative disaster recovery products and technologies.
If you are interested in an analysis, which provides manufacturers, end users, and other industry participants with an overview, summary, challenges, and latest coverage of Advances in Disaster Recovery Technologies, send an email to Mireya Castilla, Corporate Communications, at mireya.castilla[.]frost.com with your full name, company name, title, telephone number, city, state, country and email address. Upon receipt of the above information, an overview will be sent to you by email.
"An increase in the number and magnitude of natural and man-made disasters over the past five to seven years has raised awareness of the need for pro-active business continuity planning among small, medium, and large enterprises," notes Frost & Sullivan Technical Insights Research Analyst. "The growing dependency on telecommunications and the need to be responsive to customers are also important factors in the growth of DR technologies."
The potential financial losses from a telecom outage could result in significant loss in workforce productivity as well as revenue generation opportunities. For instance, a call center or a telecom service provider can stand to lose significant revenues in the event of a telecom outage on the site. Some startling facts surfaced in a recent study conducted in the United Kingdom. It was estimated that almost 60 percent of companies that experienced telecom outages for a period of 10 days closed down within a year.
However, although the need to maintain continuous voice communications seems like quite an important requirement for any organization heavily using its phone, the truth of the matter is that not sufficient funds are allocated for business continuity and disaster recovery. The main reason for this is that a disaster recovery solution cannot generate revenues; it can only prevent the loss of revenues. This explains the reluctance on the part of enterprises to invest heavily in it.
"One of the reasons that companies give for not having a telecom disaster recovery solution in place is that, there is no significant return on investment," says Research Analyst. "While it is hard to refute this claim, since a DR solution is essentially a safety measure to minimize loss in the event of an untoward incident, the vision or the lack of it must be termed myopic."
While both wire-line DR solutions and Internet protocol (IP) solutions have their own sets of pros and cons, the ideal choice to ensure business continuity in the event of an emergency would be a hybrid solution consisting of both wire-line infrastructure and IP. This would then offer the advantages associated with both technologies.
Advances in Disaster Recovery Technologies, a part of the Technical Insights program, provides a technology overview and outlook for disaster recovery technologies. Furthermore, this research service includes detailed technology analysis and industry trends evaluated following extensive interviews with market participants. Interviews with the press are available.
Technical Insights is an international technology analysis business that produces a variety of technical news alerts, newsletters, and research services.
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