| Business continuity in Portugal Tejobeats has published highlights of a survey into business continuity issues in Portugal. A full report, written in Portuguese, will be available from the company next week. Highlights include: * Half of all respondents have experienced the consequences of an interruption in their processes caused by an unforeseen event. * Among the events that caused interruptions, power outages were the most common, followed by fires, financial crisis, network failure, telco failure and computer virus. * Half of all respondents declare that they have no method of calculating either direct or indirect costs resulting from unforeseen interruptions. * A fifth of respondents claim to have a business continuity management programme included in the company's strategy. Fifty percent state that they only have some local business continuity plans implemented. * Costs from unforeseen interruptions in 2003 were below 100,000 euros for 70 percent of respondents and between 100,000 and 500,000 for the rest. * Business continuity budgets were below 100,000
euros for almost 80 percent of all respondents.
•Date:
20th February 2004 •Region: W.Europe •Type:
Article •Topic:
BC stats |
