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Security concerns hold back the cloud recovery market

A new survey-based study conducted by IDG Research Services on behalf of Sungard Availability Services and EMC Corporation has looked at the cloud recovery market, amongst other areas.

The survey of 132 organizations found that faster recovery and reduced disaster recovery costs were reported as the top benefits of cloud recovery services (58 percent) followed by reduced downtime (44 percent) and improved reliability (38 percent).

Nearly half of respondents either have already invested in cloud recovery services or are planning to invest in the next one to two years; nearly an additional third have cloud recovery services on their radar but have no current investment plans.

Significantly, over three-fourths (78 percent) of those already investing in cloud recovery services acknowledge faster recovery as a benefit, compared with just 54 percent of organizations planning on investing and 57 percent of those with no plans to invest.

With regard to challenges specifically associated with cloud recovery services, those who are planning to invest (80 percent) and those who have no plans to invest (57 percent) are significantly more likely to have security concerns than those who are already investing (48 percent) in cloud recovery.

Organizations also wonder whether they will realize a return on their cloud spending, with 38 percent believing it will prove a challenge to realize an ROI on cloud recovery services.

The full results of the survey can be found after registration here.

•Date: 6th October 2014 • N.America/World •Type: Article • Topic: Cloud computing

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