Technology disasters are a business reality, but downtime doesn't have to be. This 2024 commissioned Forrester Consulting Total Economic Indicator (TEI) study analyzes Cutover Recover, an IT disaster recovery (IT DR) solution, and reveals a substantial 313% return on investment (ROI) for businesses.
The problem: Organizations are lagging in IT disaster recovery preparedness
The study highlights a critical issue: Many businesses feel unprepared for disasters. Manual IT disaster recovery (IT DR) processes are slow, error-prone, and lack visibility, leading to failed tests and longer outages. Traditional approaches simply don't meet the demands of today's complex, multi-cloud environments.
Cutover Recover: The next generation of IT disaster recovery
Cutover Recover takes enterprises into the next generation of IT disaster recovery. With Recover, IT Operations Teams can accelerate and automate their application recovery and gain confidence while ensuring they meet regulatory compliance. Cutover Recover provides a powerful IT DR solution, enabling:
- Automated and streamlined processes: Dynamic runbooks automate IT DR tasks, reducing human error and streamlining recovery.
- Cross-environment recovery: Cutover ensures seamless recovery across cloud-native, hybrid, on-premises, and multicloud deployments.
- Real-time visibility and compliance: Cutover gives teams a real-time view of recovery progress, enabling efficient execution. The automatically-generated audit log also helps organizations meet regulatory requirements.
Cutover Recover benefits: Quantified and unquantified
The Forrester TEI study, which calculates benefits based on a composite organization representative of interviewed customers, found the following benefits of Cutover Recover:
- Reduced costs: Save money through faster IT DR planning (USD 188k saved), quicker execution in the recovery process (USD 3 million saved), and efficient analysis (USD 31k saved) of DR tests.
- Improved efficiency: Streamlined processes and clear visibility lead to faster recovery times and better decision making.
- Increased confidence: Successful testing builds trust in your DR team's ability to handle real-world situations.
- Unquantified benefits: Improved employee experience, increased credibility with regulators, and reduced complexity.
The investment: Costs vs ROI of Cutover Recover
The study also details the costs associated with Cutover Recover:
- Software subscriptions: User-based pricing for IT professionals involved in IT DR.
- Implementation and integrations: Includes initial setup and costs for integrating IT service management and/or automation tools.
Taking these costs into account, the composite organization in the study saw a net present value (NPV) of USD 2.4 million and an ROI of 313%.
The takeaway: IT disaster recovery confidence
Cutover Recover empowers businesses to confidently navigate technology disasters. By automating and streamlining IT DR processes, it reduces downtime, improves efficiency, and delivers a significant return on investment.
Ready to learn more? See how Cutover Recover can help your business achieve disaster recovery readiness. Get in touch with us at info@cutover.com or request a demo.