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Disaster recovery is a priority again, ABI says

Disaster recovery is a priority again, ABI says

By:  Rafael Ruffolo  On: 09 Mar 2010 For: ComputerWorld Canada Creator

A new report from New York-based ABI Research says the global business continuity and disaster recovery space will reach US$31 billion by 2015, up from $24.3 billion in 2009. Find out what factors are driving the market growth and what it means for IT shops

While the improving global economy will help the US$24-billion business continuity and disaster recovery market reach $39 billion in 2015, the primary driver could be the emergence of cloud computing, according to a new report from ABI Research Inc.

 

The New York-based research firm said the global BC/DR market will grow at a little more than eight per cent annually, which means that enterprises are back to their pre-recession buying habits for back-up and storage technologies.

 

“(The market) was doing very well up until the recent global economic downturn, when it really took a hit as companies became cash strapped,” said Larry Fisher, research director for ABI Research’s NextGen emerging technology division. “A lot of companies seemed to move business continuity and disaster recovery from the ‘must have’ column to the ‘nice to have’ column.”

 

Typically, this meant cash strapped companies would avoid expanding or upgrading their BC/DR technologies, he added.

 

Fisher said this trend is now starting to change as BC/DR solutions are becoming less expensive and easier to use for IT shops. He said that while increased operating budgets have helped with this, emerging technologies such as cloud computing and virtualization should also play a key role moving forward.

 

“The cloud means that companies don’t have to make as extensive a commitment to owning hardware and solutions because they can easily connect to them,” he said. “They don’t have to have their own server farms, for example. There are solutions in the cloud that can be almost as simultaneous as having something on your site.”

 

“It also gives you the capability that if something happens to your main centre of business, you can set-up shop in a secondary shop and still access all the same information.”

 

James Quin, lead research analyst with London, Ont.-based Info-Tech Research Group Ltd., agreed, saying that the economic recession forced companies to move away from building their own dedicated infrastructure and toward co-location services and virtualization.


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Rafael Ruffolo Rafael Ruffolo was a senior writer for ComputerWorld Canada from 2006 to 2011. He was the winner of a Kenneth R. Wilson award for business journalism in 2009.

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