An insight into the world of DRM and BC

What is disaster recovery ?

Disaster recovery is an organization's
ability to recover and operate core process/services which enables it
to transact business with its customers and partners.

What is Disaster Recovery
Management?

Disaster Recovery Management (DRM) is
the process of designing and managing a set of application recovery
processes that are designed to meet your business recovery
objectives.

Application recovery service level is
measured by two metrics, Recovery Point Objective (RPO) and Recovery
Time Objective (RTO). DRM is the process of designing, monitoring,
validating and testing application recovery process to meet set
recovery objectives.

Why do organizations need disaster
recovery and business continuity solutions?

You cant manage what you cant measure.
But measurement of your recovery solutions' ability to perform has
been problematic at best. Testing is a painful, time consuming,
disruptive and a costly process. It requires significant coordination
between groups and is labor-intensive. Most companies test their
recovery solution less than they would like to do. Today's IT
operations are complicated and dynamic. Every day, things change in
the environment that could potentially cause restarting operations at
a remote site to fail. Increasing use of critical business process
and related IT systems and the impact to business if critical IT
systems become unavailable. Also the cost of down time is
multifaceted-financial loss, loss of reputation and customer
dissatisfaction. Further, in several vertical markets, disaster
recovery is required by regulatory authorities.

What are the common reasons cited
for not deploying a disaster recovery plan for an organization?

Following are the common reasons that
are cited for not deploying a disaster recovery plan:

a) We have not been hit by a disaster,
these things do not happen here.

b) We are replicating our data, that is
our disaster recovery plan.

c) My team of experts can bring up our
infrastructure in case of need.

d) Data recovery is for big companies,
my company can postpone the decision.

Which are the ideal target sectors
for these products/services?

DRM solutions are most applicable to
verticals that have critical IT applications and by regulation need
to demonstrate disaster recovery capabilities. Banking and finance,
manufacturing, e-government, telecom are some of the verticals that
are targets for these products/services.

The current market for DRM solutions
in India? What are recent trends in this space?

ABI research forecasts that global
market for business continuity and disaster data recovery solutions
will grow from $24.3 billion in 2009 to $39 billion in 2015. Sanovi
estimates that the Indian market size will be $75 million by 2014.
Business continuity and disaster recovery technologies are becoming
less expensive and easier to use, because they are being integrated
into larger IT systems, and also because they're increasingly
taking advantage of aspects of cloud computing and virtualization.