Times Of India

BANGALORE: Business continuity planning (BCP) has taken centrestage among Indian corporates, post-September 11. Speakers at the Economic Times Business Forum held here on Friday opined that BCP and disaster recovery plans were critical for businesses to mitigate operational risks.

BCP is crucial because it provides procedures for sustaining business operations while recovering from a significant disruption. Business downtime can be due to natural hazards, political risks, malicious attacks and IT malfunctioning.

According to Net ProActive Services spokesperson, a network management services company, the key stages in the implementation of business continuity planning are risk assessment, recovery strategy, BCP development and training & implementation.

"It is essential for the corporates to properly ascertain the risk and the money needed to mitigate it for a successful BCP implementation," he added.

Narrating his hands-on experience, Sounderrajan, head of IT infrastructure at Infosys, said: " To meet the disaster recovery requirements Infosys has a full-blown approach that defines, evaluates, analyses the risk components and then comes out with strategy, design and implementation to mitigate the risks."

According to Dilip Ranade of Veritas, with the explosion in data, corporates need data storage solutions for maintaining near 100 per cent uptime. Moreover, non-technologyissues like processes, people and logistics also play significant role in BCP.

For Further information contact: Azra Fathima, Tel: 91 80 2121411, Email: Azra.Fathima@planetone-asia.com