Disaster recovery spending to triple by 2011

Firms queue up to prepare for the worst

Written by Robert Jaques

The worldwide data protection and recovery management market reached a value of $58m in 2006 and will surge to $200m by 2011, IDC estimates.

Traditional approaches to data protection are being augmented with new disk-based data protection technologies, according to the analyst firm, fuelling the need for tools that can monitor, report and manage heterogeneous data protection configurations.

Advertisement

IDC believes that corporate protection and recovery policies are placing tools that can provide documentation of data protection assets and evidence of protection and recovery processes in an increasingly strategic light.

"Fuelled by operational efficiency, cost reduction, improved reliability and performance, and business drivers such as compliance and corporate governance, the long-term outlook for the worldwide data protection and recovery management market looks promising," said Laura DuBois, research director for IDC's Storage Software group.

"While a small segment, data protection and recovery management is relevant to much larger markets such as data protection and recovery, replication, storage management as well as the market for governance, risk and compliance.

"Over time, these markets will consume features and functions of the data protection and recovery management market."

Tags:

Further reading

Related whitepapers

Related jobs

Do you agree?

IT white papers

Search vnunet IThound

Top categories

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Watch

Shaun Nichols and Iain Thomson

10 Oct 2008

7.33 MBPodcast Special: Views from the Valley More...

Podcast image

09 Oct 2008

12.99 MBComputing podcast - IT implications of the banking crisis, and the FSA clamps down on IT security More...

Shaun Nichols and Iain Thomson

03 Oct 2008

6.49 MBPodcast Special: Views from the Valley More...

Poll

Google Android

Google Android

Are you intending to try out a Google Android mobile phone?

Previous poll results

Spotlight

Ministry of Defence

MoD data loss total could hit 1.7 million

New figures far higher than initial estimates   More...

Sun Microsystems

Sun Sparc server shatters seven standards

T5440 sets new benchmark records   More...

Gary McKinnon

Home Office turns down latest McKinnon appeal

Home Secretary informs lawyers of arrangements for US extradition   More...

Network cables

Network Instruments touts nanosecond apps troubleshooting

Observer 13 offers upgraded performance and forensic network analysis   More...

Primary Navigation