At the core of disaster recovery is the fact that a copy of the mission critical data owned by the enterprise is kept at a different location. A DR solution must not only enable the business to recover from any natural or man-made disaster quickly, it should also be cost effective
Disaster recovery is a system of saving data in case an unexpected disaster strikes. There can be any number of negative events that can lead to disruption in the services that are being provided by any data center. But nowadays the consumers have come to expect flawless 24/7 service and failure of a data center, even for a few hours, is simply not an option.
A data center failure can lead to not only financial loss; it can also lead to the loss of reputation, which may result in an irreversible damage to the future prospects of the business. Hence disaster recovery (DR) technologies, which help enterprises in dealing with a broad range of disruption scenarios such as cyber attacks, fire, power-cut, riots, terrorist attack, cyclone, earthquake, etc., are of critical importance.
In an increasingly interconnected world that thrives by crunching massive amounts of data, it is obvious that the demand for disaster recovery solutions will have no limits. Industries such as banking, insurance, retail, telecom, eGovernance, and manufacturing are highly dependent on DR technologies.
The data center, converged infrastructure and storage segments are all set to grow at a healthy pace in the current year, and this will naturally lead to growth in the demand for disaster recovery solutions. According to Gartner, disaster recovery solutions are typically 4% of the data center budget and this share can go as high as 6-8% in a country like India where large numbers of disaster recovery projects are occurring. Hence, the DR solutions market size in India is expected to be on the high side for the year 2015 at 6-8% of the data center spend, totalling $125-$160 Million. Read More…