SME Times is powered by   
Search News
Just in:   • Sensex, Nifty extend rally for 3rd day on hopes of US-Iran de-escalation  • Global energy flows disrupted by West Asia crisis: SEBI Chairman  • CAIT urges govt to implement credit relief, input cost stabilisation measures amid Iran war  • Crude oil prices climb over 3 pc to near 52-week high amid geopolitical tensions  • RBI MPC meet begins, status quo on policy rate likely amid West Asia tensions 
Last updated: 27 Sep, 2014  

Data.Error.9.Thmb.jpg Less than 10 pc SMEs prepared for disasters: Survey

sme-retail2011.jpg
   Top Stories
» Sensex, Nifty extend rally for 3rd day on hopes of US-Iran de-escalation
» CAIT urges govt to implement credit relief, input cost stabilisation measures amid Iran war
» RBI MPC meet begins, status quo on policy rate likely amid West Asia tensions
» Govt launches programme to train scientists in Governance under Mission Karmayogi
» India's fisheries sector draws Rs 39,272 crore investment since 2015, seafood exports double
Saurabh Gupta | 28 Jun, 2012
Data loss poses huge risks for small and medium enterprises (SMEs), as less than 10 percent of Indian SMEs are prepared for disasters (business data loss), a survey said today.

Symantec Corp. Thursday announced the India findings of its 2012 SME Disaster Preparedness Survey, gathered from 100 Indian SMEs with less than 249 employees.

The survey uncovered that more than 90 percent of Indian SMEs are not sufficiently prepared for disasters even as they grapple with high instances of disasters. The reasons for not having a disaster recovery plan range from lack of resources, budgets and general awareness holding down the adoption of disaster preparedness in Indian SMEs, it said.

Pointing to the poor levels of disaster preparedness, the survey findings reveal that of the respondents, only 6 percent of Indian SMEs said that they are "extremely prepared" for disaster; 8 percent replied that they "have a disaster recovery plan"; and one third of the respondents said that they "have an off-site failover".

On a positive note, the survey also revealed that Indian SMEs are adopting technologies such as virtualization, cloud computing and mobility, often with improved disaster preparedness as a goal.

"Small and medium businesses are the backbone of India. These businesses cannot afford lengthy down-times and so their ability to quickly recover from a disaster is critical," said Vijay Mhaskar, vice president, Information Management Group, Symantec India.

"It's time Indian SMEs start looking seriously at having a sound plan with effective security and data protection solutions that will enable them to better prepare for and quickly recover from potential disasters."

The survey reveals that Indian SMEs experienced at least one natural disaster in the last 12 months. Power outage (74 percent) and industrial accidents (72 percent) are the top disasters cited. Indian SMEs also experienced an average of five instances of operational outage, due to power outages, industrial accidents and IT system failures, lasting an average of 11 hours.

In many cases, a desire to improve their disaster preparedness played a part in adopting emerging technologies like virtualization, cloud and mobility. Fifty-six percent of respondents were influenced to undertake server virtualization to improve disaster preparedness. In the case of private cloud computing, 62 percent reported that disaster preparedness influenced their decision, similar to the 63 percent who said it affected their commitment to public cloud adoption. This held true with mobility as well, with disaster preparedness influencing the decision 55 percent of the time.

The survey shows the importance of embracing innovation to better respond to challenges. In order for businesses to best take advantage of this opportunity to improve disaster preparedness,

Symantec recommends taking the following actions:

Start planning now: Develop a disaster preparedness plan today. Evaluate how strategic technologies such as mobile, virtualization and cloud can help in those efforts.

Implement strategic technologies: Adopt integrated cloud backup for offsite storage and disaster recovery, and automated physical to virtual (P2V) backup conversion so you can recover your physical system to a virtual machine in case of a server failure.

Protect your information: Use comprehensive security and backup solutions to protect your physical, virtual and mobile systems. You may even opt to backup to the cloud.

Review and test your disaster preparedness: This should be completed at least once a quarter.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹94.25
₹92.55
UK Pound
₹125.95
₹121.95
Euro
₹108.95
₹105.3
Japanese Yen ₹59.4 ₹57.6
As on 02 Apr, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter