Despite the possibility of ware and terrorism, companies are not capable of withstanding business and IT outages cause by a calamity, says a survey by Dataquest Inc., a unit of Gartner, Inc.
One in three U.S. businesses would lose critical data or operational capability if a disaster occurred, said the report.
According to the survey, lack of funds was cited as a main reason by 24 percent of respondents for not having a formal disaster plan.
“IT managers are not investing appropriately in disaster plans because they do not have a budget to prepare needed readiness,” said Adams. “Budget constraints are forcing an average of 40 percent of respondents to guess to determine potential risk rather than obtain formal assessments.”
Even businesses that have a plan are facing some jeopardy because financial support is unavailable.
“The good news is that businesses now more widely understand that they must prepare in advance …,” continued Adams.
The survey of 205 U.S. professionals was administered in November 2002 via a Web survey. More information on the findings is available in the Gartner Dataquest report. The report can be purchased from Gartner’s Web site at www.gartner.com/DisplayDocument?id=384445&ref=g_search#h9.