DITTON PARK, England,
September 13, 2010 /PRNewswire/ -- CA
Technologies (NASDAQ: CA) today announced the results of an
independent report revealing that European organisations are
collectively losing more than EUR17
billion* in revenue each year from the time taken to recover
from IT downtime - that's the equivalent of 13.5 percent of the
proposed EU budget for 2011. CA Technologies believes much of this
considerable cost to business and the economy can be avoided
through better data protection strategies that focus on the speed
of data recovery.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090605/349279 )
The CA Technologies 'Avoidable Cost of Downtime 2010 Report'
illustrates that the financial losses associated with IT outages
quickly escalate the longer organisations take to fix them. The
survey of 1,808 organisations across 11 European countries reveals
that each suffers an average of 14 hours of IT downtime a year,
which equates to almost 1 million** hours across Europe. For country variations see:
http://www.arcserve.com/emea/acd
Chris Ross, Vice President EMEA
and Asia-Pacific, Recovery
Management and Data Modelling Customer Solutions Unit, CA
Technologies, said: "The smooth running of IT is critical for many
organisations in today's fragile economic climate and any
degradation in service not only affects employee productivity, but
also can be very visible to customers. With companies increasingly
dependent on online services to generate revenue or provide an
essential channel of customer communication, the financial impact
of outages is becoming a critical issue. Fortunately, much of this
cost is avoidable - organisations can tackle it through a
re-evaluation of their disaster recovery strategy. Doing so could
have a direct impact on their financial position and help them
manage their emergence from the recession."
* EUR17,722,978,794
** 956,373 hours
To view the full release visit http://pitch.pe/86638
About CA Technologies
CA Technologies (NASDAQ: CA) is an IT management software and
solutions company with expertise across all IT environments - from
mainframe and distributed, to virtual and cloud. For additional
information, visit CA Technologies at http://www.ca.com.
Photo: http://www.newscom.com/cgi-bin/prnh/20090605/349279