PRN: European Businesses Amplify Investment in Cloud Data Protection
European Businesses Amplify Investment in Cloud Data Protection
MORGES, Switzerland, October 12, 2011 /PRNewswire/ --
'Insights: Data Protection and the Cloud 2011' survey from CA Technologies highlights increase in data loss incidents and urgent need to invest in cloud solutions
CA Technologies (NASDAQ: CA) today released the results of an independent survey that reveals investment in data protection continues to grow with more budget allocated to cloud computing. Â According to the survey of 1,987 companies across Europe, over a third (34%) of organisations expect cloud computing to play an increasingly important role in their business continuity plans over the next year.
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The survey: 'Insights: Data Protection and the Cloud 2011' highlights that 67% of the companies surveyed have seen their data protection budgets remain flat in the last year, and just over a quarter (27%) are increasing investment. As more businesses realise the significance of cloud to their data protection strategy, CA Technologies expects an increased investment in cloud solutions.
"It's Â particularly telling that companies are now realising that cloud can be a useful tool for back-up and disaster recovery purposes. Organisations using the cloud in this way have less need for their own remote site, and have to spend less time monitoring data recovery systems, allowing them to focus on growing the business." said Chris Ross, Vice President EMEA & Asia-Pacific, CA Technologies Data Management CSU
Despite the positive trend in disaster recovery investment and the emerging shift to cloud, almost all the companies surveyed (94%) suffered application and data loss incidents in the last year. Â Of the 1,987 businesses surveyed across Europe, 31% have data that resides in the private cloud and 17% in the public cloud. Encouragingly, these companies displayed high levels of confidence in the safety of this data.
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About CA Technologies
Company Codes: NASDAQ-NMS:CA, Bloomberg:CA@US, RICS:CA.O, ISIN:US12673P1057