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IT cost-cutting resulting in more business continuity problems

According to a recent HP survey of IT managers at small businesses across the United States, 93 percent of companies have placed cost concerns over the best IT solutions, leading 89 percent of those companies to experience IT-related problems.

The study, conducted by Wakefield Research, found that the top three IT problems reported by cost-conscious companies are low-performing hardware (46 percent), out-of-date hardware (37 percent) and unreliable hardware (23 percent), leading to suboptimal computing efficiency and an overall loss of productivity.

The survey also revealed that 54 percent of small businesses cite summer as the peak season for working remotely. With 58 percent of IT managers stating that they have not invested in network security this year, companies will find they are adding pressure and potentially greater security risks to their already stressed IT networks.

The survey was conducted by Wakefield Research among 500 IT managers at small businesses, between May 31 and June 6, 2011, using an email invitation and an online survey.

http://www.hp.com/

•Date: 29th July 2011 • Region: US •Type: Article • Topic: IT continuity

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