eCompany participates at Financial Technology Summit

The conference is aimed at educating Middle East enterprises about various Information Technology trends impacting the financial services industry across the UAE and the Middle East.

Abbas Taher - Product Manager, eHosting at eCompany spoke to attendees from across the region today on the critical nature of Disaster Recovery (DR) for enterprises given the fact that business systems and data are the most critical assets of an organization. Knowing the growing nature of IT risks for organizations, he made a compelling case for organizations to outsource their Disaster Recovery and Business Continuity services to a service provider.

By outsourcing IT Services , organizations can reap the benefits of initial investment reduction, less exposure to failure in terms of risk and higher efficiency & productivity. "Through an outsourced approach organizations can have predictable monthly costs", said Abbas. "According to an IDC analysis, organisations when outsourcing Disaster Recovery and Business Continuity can reduce their total cost of ownership by 24%. In addition, from a risk perspective, they would be shielded from day to day infrastructure concerns & risks while they can start immediately without the lead-time associated with in-house implementation."

Giving an overview of DR efforts by organizations across the Middle East, Abbas said that 50% of the companies in the Middle East primarily rely on tape backup as the basis for disaster protection. This is not a viable approach since Tape Backup should be the last line of defense and not the cornerstone of a DR plan.

Today, organizations across the region can leverage eCompany's expertise and highly available data center facilities to protect their business against disasters. To provide such service eCompany has a methodology compromising of three steps:

(i) Disaster Protection where Replicating or Backing Up Production Data from a primary Site to Secondary Site (data center) can happen. This may involve either real-time or asynchronous replication.

(ii) Disaster Recovery services in terms of restoring lost Data to Primary Site from Secondary Site is a second option.

(iii) Business Continuity services where line failover or redirection of traffic to a Secondary Site is provisioned in case a Primary Site is down.

eCompany today offers a wide range of flexible packages based upon industry leading infrastructure technology. All the services are provided out of two world-class data centers in Dubai and Abu Dhabi which provide advantages like high-speed connectivity, failover across two cities, remote real-time replication and backup, multiple layers of network security, physical security backed by biometric palm scans, and surveillance, and redundant power feeds from the electric utility provider.