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54 percent of companies across Europe do not
have a formal disaster recovery plan to cover all their existing
IT infrastructure, and 18 percent do not have a formal disaster
recovery plan in place at all, according to a pan-European survey
commissioned by Unisys, the worldwide information technology services
and solutions company.
The
research 'lifts the drain cover' on the risks and costs facing CIOs
when considering the impact that technology investment has on their
business. Three challenges for the CIO were highlighted: finance,
security and governance. The research also revealed that companies
are dangerously exposed by not taking sufficient action to address
these challenges.
When asked, 67 percent of
CIOs admitted to finding it difficult to calculate the cost of losing
data. In addition, 77 percent of CIOs said they cannot quantify
the financial impact of taking servers out or adding servers into
their existing IT infrastructure. This means, for example, that
they would be unable to calculate the benefits of consolidation
and thus miss out on an opportunity to reduce costs. Nearly 30 percent
of CIOs admit they do not test their DR plan even for mission critical
technology or are unaware if this plan is being tested.
"This begs the question as to what is
'mission critical'? With the increase in corporate governance, directors
need to respond to EU regulations otherwise they will find themselves
liable," says Steve Rawsthorn, vice president of marketing
for Unisys, Systems & Technology EMEA. "The research suggests
that too many CIOs are not checking what is going on under the 'drain
cover' and are not examining their IT infrastructure closely enough."
Tony Lock, chief analyst, Bloor Research, comments,
"Many organisations have not yet managed to comprehend the
value that their IT infrastructures hold in business terms. Organisations
are absolutely dependent on their IT systems to operate a number
of critical business services. It is essential that these systems
have business continuity plans appropriate to the needs of the business."

•Date:
29th October 2003 •Region: UK/W.Europe •Type:
Article •Topic: BC
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