Originally posted to CloudPOST

By Marcus Doran – VP and GM at Rahi Systems, Europe

Even with increased awareness of the cost of downtime, the majority of North American businesses aren’t ready to deal with an IT-related disaster. In a recent survey of about 1,000 IT professionals and executives, 68.5 percent of respondents admitted to having an incomplete disaster recovery (DR) plan.

When asked if their DR plan had been formally implemented, just two-thirds said “yes.” In addition, 16 percent of DR plans had no documented recovery point objectives (RPOs), and 13.5 percent of respondents didn’t know the meaning of RPO. More than one-third (36.5 percent) said their company had at least one incident or outage that required DR, but fewer than half (48.5 percent) even bothered to test their DR plan at all in 2017.

More organizations are leveraging the cloud for Disaster Recovery, according to the latest Disaster Recovery-as-a-Service (DRaaS) report from “Transparency Market Research,” DraaS is expected to grow exponentially at an annual rate of 35.7 percent through 2024.

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