Hear from the Experts:
“The Covid-19 is not the first or the last disaster that the world will face. We need to look at the bigger picture and factor in these events in our strategy. The focus must be on risk management”, Subhojit Roy, SVP and CIO, SBI Mutual Fund
“Organizations had BCP and DR strategies for long time; however, they didn’t factor in pandemic of this scale. Hence, the kind of investments that organizations are now ready to make has increased considerably. It’s a question of survival now”,said Sachin Jain, CIO & CISO, Evalueserve
“BCP and DR were earlier confined to workplace only, but it is now extending towards the employee side, irrespective of the location. The perimeter of BCP and DR is extending with distributed workforce”, said Kushal Varshney, CTO, Virescent Infrastructure
Girish Sharma, Product Line Head, Cloud Services, NTT Ltd-“1 in 3 companies declared a disaster in the past 5 years. Power, hardware failure and network outages were the top-3 reasons. Hence, DR strategy must include the four pillars of IT resilience: Hybrid cloud, Networks, Data continuity, and Security”
“With cloud’s flexibility and agility incorporated in the DR, the upfront and operational costs have come down drastically with DRaaS.” Sachin Jain, CIO & CISO, Evalueserve
Meheriar Patel, Group CIO, Jeena and Company-“Earlier, DR was meant for few critical processes and applications. However, now DR encompasses on the entire processes and applications. This mindset change speaks a lot.”
“From just looking at low-cost DR, businesses have matured to ask for effective DR. Hence, DRaaS has earned lot of currency among the customers”, said, Girish Sharma, Product Line Head, Cloud Services, NTT Ltd.
He further added, “DRaaS optimizes the cost as well as clubs DR with automation DR drills, which enables it offer right kind of visibility and governance at affordable costs.”
“For smaller organizations DRaaS is the way to go due to specific benefits on scalability, pay-per-use, capacity optimization, and cost savings on capital”, said, Jai Prakash Sharma, Executive Vice President – Technology Operations, Info Edge India
KV Dipu, President, Operations & Customer Experience, Bajaj Allianz – “Escalating costs of infrastructure is prompting businesses to look for DR in cloud. Besides an excellent storage capacity, DR in cloud offers fast speed to recovery.”
Dr Mukesh Mehta, CTO, Batlivala & Karani Securities said,“We need to look into policies and strategies to incorporate Blockchain and AI/ML algorithms in BCP and DR processes and solutions.”
Moderated by
V Srinivasa Rao (VSR), Chairman & MD, BT&BT
“Covid-19 has exposed constraints and weaknesses of the traditional BCP and DR strategies of various organizations. We need to think out-of-the-box.”
Expert Speakers
- Subhojit Roy, SVP and CIO, SBI Mutual Fund
- Sachin Jain, CIO & CISO, Evalueserve
- Jai Prakash Sharma, Executive Vice President – Technology Operations, Info Edge India
- KV Dipu, President, Operations & Customer Experience, Bajaj Allianz
- Dr Mukesh Mehta, CTO, Batlivala & Karani Securities
- Sivasubramanian M, Global CIO, VA Tech Wabag
- Naveen Gulati, CIO, GirnarSoft
- Sanjeev Jain, CIO, Integreon
- R Chandran, CIO, Bahwan Cybertek
- Kushal Varshney, CTO, Virescent Infrastructure
- Meheriar Patel, Group CIO, Jeena and Company
- Deepak Kalambkar, AVP Infrastructure & CSO, PayGate India (Safexpay)
- Niranjan Ramakrishnan, CEO, My Lab Connect
- Prashant Singh, Group Head – IT, Vikrant Auto Suspensions (Vikrant Group)
- Girish Sharma, Product Line Head, Cloud Services, NTT Ltd