Systems Considerations in the Design of HRIS
For implementing any Human Resource Information System (HRIS) project successfully, the system design requirements should be given utmost importance and it must have scope for customizations as per the requirements of the end users. The system should have various inbuilt provisions and be developed by carefully analyzing the end users/customers’ requirements and the technicalities involved […]
The Global Economic Crisis and its Impact on India
Much has been written about the way in which India was one of the few countries that was relatively unscathed because of the global economic crisis. Most of these narratives focused on how India managed to weather the storm in the dark days following the collapse of Lehmann Brothers. However, it cannot be completely said […]
The Case against Export Credit Agencies
Export credit agencies are quasi-government agencies. These agencies are usually backed by government institutions. This means that they are under the purview of government authorities and also have access to taxpayer funds. All developed countries in the world have created their own export credit agencies. Collectively these agencies wield a tremendous amount of influence on […]
Inventory Management Concepts
Inventory management and supply chain management are the backbone of any business operations. With the development of technology and availability of process driven software applications, inventory management has undergone revolutionary changes. In the last decade or so we have seen adaptation of enhanced customer service concept on the part of the manufacturers agreeing to manage […]
Data Collection Plan
A data collection plan is a detailed document. It describes the exact steps as well as the sequence that needs to be followed in gathering the data for the given Six Sigma project. This document is important because the people that design the data gathering plan are not the same people that will actually be […]
Disaster Recovery and Business Continuity have become an integral part of the ongoing business process with most of the Organizations that consider it important to do risk assessment and risk mitigation to safeguard their business from all sorts of threats and crises.
DR & BC plans can be drawn up in detail and elaborately to cover each and every business process and function. The extent to which one must elaborate would depend upon the nature of business and the cost of recovery.
Business Continuity is largely maintained through alternative BC or DR site which can be inside the same city, in another city or location or at an overseas location etc. When it comes to IT and systems recovery as well as DR plans for IT companies the options of Disaster Recovery & Business Continuity sites as well as recovery process are different from normal DR or BC Sites.
Apart from having to plan for Disaster Recovery & Business Continuity Sites, the companies have further more options for recovery assistance. Some of the widely used options are given hereunder.
Companies tie up with the supplier or vendor to provide nil down time or pre specified downtime recovery assistance by replacing the hardware immediately or holding inventory of spares at customer site. Companies like IBM, Dell etc stock some of the critical components and spare hardware as well as engineers at large customer sites (Eg: Banks) to provide onsite support as per their performance agreements.
Some of the vendors or suppliers offer insurance or guarantee with commitment on replacing the parts within stipulated time period or replacing the product as the case may be.
It is not uncommon in case of IT companies to seek services of a third party vendor who specializes in providing DR services. In most cases where the IT installations are huge and critical, using a good third party DR center makes more sense than setting up one in house. When it comes to Third party services, following options are available in the market.
There are several reputed third party services offering Disaster Recovery & Business Continuity sites on commercial basis. Some of the well known names include IBM, Comdisco, Sun guard, Strohl, LBL technology Partners & Technology protection systems etc. Besides the commercial ventures, several institutes are available from which one can get required guidance and assistance to develop plans in house.
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