Research from Databarracks, has revealed that 30 percent of organizations do not know how much of their IT budget is being spent on disaster recovery and backup services. This follows wider industry research finding that firms in Europe and North America spend seven percent of their IT budget on backup and disaster recovery.
Data from Databarracks’ annual Data Health Check survey revealed a number of insights into organizational attitudes and approaches towards IT resiliency, including:
25 percent do not know what percentage of their IT budget should be allocated for disaster recovery and business continuity;
Only 43 percent of organizations have tested their disaster recovery processes over the past 12 months;
29 percent of respondents answered “less than £1,000” when asked ‘how much annually does your organization spend on backup/DR solutions’.
Peter Groucutt, managing director of Databarracks comments: “It’s often difficult for IT to secure investment for resiliency because it’s not seen as a particularly dynamic or sexy investment that will add value like a new customer-facing system. But we all know we need to invest in resilience to ensure our continued operation.”
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