Organizations are taking a closer look at their disaster recovery operations, as spending on data protection software...
and recovery software rose to more than $1 billion during the third quarter of 2012, according to an IDC study.
According to the company's Worldwide Storage Software QView, revenue for data protection software and recovery software rose by 4.3% over the same point in 2011, climbing to $1.24 billion.
Meanwhile, revenue on storage software rose by 1.4% over the same period, reaching $3.46 billion. EMC, Symantec and IBM remained at the top, with EMC claiming more than a quarter (25.3%) of the storage software industry's market share, according to IDC. Symantec and IBM had 14.8% and 14.7% market shares, respectively.
More on backup and recovery
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In previous years, disaster recovery (DR) has been treated by organizations as an IT also-ran, as organizations admitted their readiness plans to recover data weren't really ready at all. But companies are saying that DR deserves much more support, considering that the livelihood of a business and its employees can be on the line.
In our survey of IT pros' data storage priorities earlier this year, about one-third of respondents said that disaster recovery and business continuity, or DR/BC, was their top deployment priority for 2012, and a similar figure was reported for 2011.
In addition, this survey took place well before IT professionals learned what a media-dubbed "superstorm" could do to your data center. Hurricane Sandy led, for example, to 24 Seven Talent's downtown Manhattan headquarters losing power, which would have affected payroll for the company's workers all over the world. But it avoided catastrophe by putting its disaster recovery plan into action and firing up its servers in Los Angeles.