ECONOMIC DOWNTURN NOT TIME TO REDUCE FOCUS ON DISASTER PREPAREDNESS
Spurred by a worsening outlook for the economy, many companies are taking a hard look at information technology (IT) expenditures to identify projects that can be cut or deferred. However, the business needs for available data and regulatory compliance requirements do not slow down, even in the face of an economic downturn.
Focused on short-term pressures to make budget cuts, it often escapes companies that disaster preparedness needs may actually be greater during economic slowdowns. For instance, many organizations are reducing costs by consolidating equipment. But because of e-discovery and compliance requirements, data must still be retained even with a cap on spending.
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