By Sally Watson, 17 March 1999 17:34
NEWS A survey of European IT managers has revealed 98 per cent think data storage is crucial to business, but over 70 per cent are disappointed by the level of investment their company has made. A survey of 600 managers in Britain, Czech Republic, France, Germany, Hungary, Italy and Spain showed 31 per cent are still relying on manual procedures - even though they admitted almost a third of data loss is caused by human error. Seventy two per cent of respondents admitted that few of their board members would sleep peacefully if they knew how fragile their data storage is. One leading manufacturer claimed it was forced to shut down for three days at a cost of £3.6bn while recovering information that hadn't been backed up. Over half of the IT managers said their company had not developed a formal storage policy. The report was drawn up by market research company, Infratest Burke InCom on behalf of Hewlett-Packard's Information Storage Group.
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