you have a Business Continuity Plan?
is a question that IT Heads are often asked today. Since
the 9/11 disaster corporates, vendors and solution providers
are all stressing the need to have a BC plan in place.
Most companies associate Business Continuity (also termed
as Disaster Recovery) with data storage. Though storage
forms an important component of any BC plan, there are
many other areas vital for business continuance following
The idea behind BC is to prevent disruption of mission-critical
services, and restore full functionality as smoothly
as possible in the shortest possible time. The first
step towards planning business continuity and contingency
is to understand the potential impact of disaster, identify
the underlying risk components, and allocate the budget
accordingly. Without this vital knowledge it would not
be feasible to develop a BC or DR plan. Once the crucial
components are identified the next step is to put failover
mechanisms in place. But just having failover mechanisms
isn't enough. Once the plan is in place, it must be
maintained and tested periodically to ensure it remains
appropriate to an organizations ever-changing need.
The Indian scenario
Indian enterprises are just waking up to the need for
Business Continuity Management (BCM). A recent survey
on "Business Continuity Management Preparedness
in Indian Industry 2002" by KPMG, among Indian
organizations across industry verticals, reveals that
79 percent of the respondents did not have a documented
and tested BC plan. And among those having a BC plan,
65 percent have never tested it.
In this issue, to coincide with the 2nd Anniversary
of Network Magazine, we look at the state of Business
Continuity in India. We talked to industry analysts,
vendors, and CIOs/CTOs across various verticals to bring
you an overview of BCP in India. We also looked at four
companies and their BC initiatives.
In February 2002, we gave you a lowdown on VoIP, that
enables you to substantially cut communication costs
by passing voice over existing data network. We tried
to assess the impact of VoIP in the Indian enterprise.
This time around, in our Tech Update on VoIP we study
two companies IDBI Bank and Wipro Infotech which are
gaining significantly from this technology. For example,
IDBI Bank saves up to Rs 5 Lakh per month in communication
costs thanks to VoIP.
As Network Magazine moves into its third year, we have
lined up many interesting features and case studies
that would provide insights into enterprise technology
and management issues. Do write back and let us know
what issues you would like us to cover.
Sandeep Ajgaonkar, Associate