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Terence Lee · · 1 min read

Spending for disaster recovery on cloud rises for Asia-Pacific firms

Around 96% of Asia-Pacific companies have at least maintained their investment in disaster recovery(DR) services while 34% have increased their spending, revealed a new survey by CA Technologies.

The study, which involved 1,086 respondents in eight countries, also noted that 42% of companies would up their spending of cloud-based DR services in the next one year. Countries surveyed include: Singapore, Australia, China, India, Malaysia, South Korea, Thailand and Taiwan.

Generally, readiness for IT failures in these firms have been poor despite 95% of respondents having experienced application downtime or data losses. Only 27% have a comprehensive disaster recovery plan while 38% did not achieve their disaster recovery objectives.The reasons for this is attributed to a lack of budget and inadequate support from senior management.

Photo: Matthias

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Terence Lee

I like analyzing and digging into the real goings-on in the tech industry. Holds these crypto: BTC, Eth, Matic