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Risk Management: Fixed & Mobile Enterprise Adoption Trends
Description:
Business reliance on communications is high and ever increasing. The integrity and reliability of fixed and mobile telecommunications infrastructure, and the information carried across the infrastructure, is essential to sustain business communications. To this end, enterprises have a heightened sense of awareness about the vital nature of telecommunications and are taking measures to identify, quantify and mitigate risks that could prohibit the ability for the business to communicate or compromise the information being communicated.
Risk management practices related to telecommunications management have evolved as cloud computing and mobility have broadened the span of accessibility to business information. In this regard, the emphasis of risk management is primarily focused on information security and technical integrity. Financial risk associated with service unavailability is also a concern to be evaluated. Despite perceived technical and financial threats, enterprises vary widely in the actions they take to mitigate these risks. This research identifies adoption of risk management practices across a variety of topics commonly cited as potential threats to telecommunications, which could negatively impact the business.
This research explores enterprise risk management trends and adoption of risk management practices addressing:
- Contract and budget financial liability
- Infrastructure reliability
- Information and communications threats
- Telecom management supporting Disaster Recovery / Business Continuity
Anyone involved in fixed and mobile telecom management should read this report in order to understand:
- How are other organizations mitigating technical, operational and financial risk?
- Which industry verticals are most likely to be mitigating organizational risk?
- What percentage of companies have a Disaster Recovery / Business Continuity plan?
- What are the most prominent Disaster Recovery / Business Continuity strategies being deployed today?
- Who ultimately owns the assessment and monitoring of specific risk categories within an organization?
Along with answering these critical questions, this report provides the following benchmarks:
- Risk Management Activities Performed
- Financial Risk Avoidance Activities
- Loss of Productivity Risk Avoidance Activities
- Information Security Risk Avoidance Activities
- Disaster Recovery / Business Continuity Plan Adoption - Overall
- Percentage of Organizations with a DR / BC Plan – By Company Size
- Specific DR / BC Strategies Deployed
- Mobile Device DR / BC Strategies
- Wireless Technology DR / BC Strategies
- Emergency Notification DR / BC Strategies
- Ownership of Assessing / Monitoring Risk
Risk management practices related to telecommunications management have evolved as cloud computing and mobility have broadened the span of accessibility to business information. In this regard, the emphasis of risk management is primarily focused on information security and technical integrity. Financial risk associated with service unavailability is also a concern to be evaluated. Despite perceived technical and financial threats, enterprises vary widely in the actions they take to mitigate these risks. This research identifies adoption of risk management practices across a variety of topics commonly cited as potential threats to telecommunications, which could negatively impact the business.
This research explores enterprise risk management trends and adoption of risk management practices addressing:
- Contract and budget financial liability
- Infrastructure reliability
- Information and communications threats
- Telecom management supporting Disaster Recovery / Business Continuity
Anyone involved in fixed and mobile telecom management should read this report in order to understand:
- How are other organizations mitigating technical, operational and financial risk?
- Which industry verticals are most likely to be mitigating organizational risk?
- What percentage of companies have a Disaster Recovery / Business Continuity plan?
- What are the most prominent Disaster Recovery / Business Continuity strategies being deployed today?
- Who ultimately owns the assessment and monitoring of specific risk categories within an organization?
Along with answering these critical questions, this report provides the following benchmarks:
- Risk Management Activities Performed
- Financial Risk Avoidance Activities
- Loss of Productivity Risk Avoidance Activities
- Information Security Risk Avoidance Activities
- Disaster Recovery / Business Continuity Plan Adoption - Overall
- Percentage of Organizations with a DR / BC Plan – By Company Size
- Specific DR / BC Strategies Deployed
- Mobile Device DR / BC Strategies
- Wireless Technology DR / BC Strategies
- Emergency Notification DR / BC Strategies
- Ownership of Assessing / Monitoring Risk
Contents:
Executive Summary
Demographics
Assessing Activities Performed
Mitigating Financial Risk
Mitigating Loss of Productivity Risk
Mitigating Information Security Risk
Disaster Recovery / Business Continuity Plans
Disaster Recovery / Business Continuity Strategies
Key Findings Summary
Appendix A: Telecom Environment Management Scope
Complete Report Access Options
About the Authors
About AOTMP Research
About AOTMP
Table of Figures
Figure 1 Respondent Title / Role
Figure 2 Company Headquarters
Figure 3 Company Size – Annual Revenue
Figure 4 Risk Management Definitions
Figure 5 Risk Management Activities Performed
Figure 6 Financial Risk Avoidance Activities
Figure 7 Loss of Productivity Risk Avoidance Activities
Figure 8 Information Security Risk Avoidance Activities
Figure 9 DR / BC Plan Adoption - Overall
Figure 10 % of Organizations with a DR / BC Plan
Figure 11 DR / BC Strategies Deployed
Figure 12 Mobile Device DR / BC Strategies
Figure 13 Wireless Technology DR / BC Strategies
Figure 14 Emergency Notification DR / BC Strategies
Figure 15 Ownership of Assessing / Monitoring Risk
Demographics
Assessing Activities Performed
Mitigating Financial Risk
Mitigating Loss of Productivity Risk
Mitigating Information Security Risk
Disaster Recovery / Business Continuity Plans
Disaster Recovery / Business Continuity Strategies
Key Findings Summary
Appendix A: Telecom Environment Management Scope
Complete Report Access Options
About the Authors
About AOTMP Research
About AOTMP
Table of Figures
Figure 1 Respondent Title / Role
Figure 2 Company Headquarters
Figure 3 Company Size – Annual Revenue
Figure 4 Risk Management Definitions
Figure 5 Risk Management Activities Performed
Figure 6 Financial Risk Avoidance Activities
Figure 7 Loss of Productivity Risk Avoidance Activities
Figure 8 Information Security Risk Avoidance Activities
Figure 9 DR / BC Plan Adoption - Overall
Figure 10 % of Organizations with a DR / BC Plan
Figure 11 DR / BC Strategies Deployed
Figure 12 Mobile Device DR / BC Strategies
Figure 13 Wireless Technology DR / BC Strategies
Figure 14 Emergency Notification DR / BC Strategies
Figure 15 Ownership of Assessing / Monitoring Risk
Contents:
Study shows inconsistent adoption of telecommunications risk mitigation practices across enterprises today
“Fixed and Mobile Enterprise Adoption Trends: Risk Management.” Representing findings from 201 enterprise professionals across 22 different industry sectors, the new report spotlights adoption trends associated with telecommunications risk management practices, addressing such topics as infrastructure reliability, contract and budget liability, and disaster recovery planning.
According to AOTMP research, significantly more enterprises are focused on mitigating risks associated with financial loss, as compared to risks that hinder productivity and cause information security threats. Priorities vary based on industry vertical sector. While retail organizations are likely to focus on productivity loss due to wireless outages, technology-based companies were identified as being the most concerned with assessing threats around security. Based on enterprise feedback, only 58% of all organizations have a fully deployed disaster recovery plan in place to address such threats.
“This report shows that despite perceived technical and financial threats, enterprises vary widely in actions they take to mitigate these risks,” says Timothy C. Colwell, senior vice president of global information management at AOTMP. “Risk mitigation adoption levels illustrate the current paradox between enterprise concerns expressed and the actions they take to alleviate those concerns.”
AOTMP’s report explores enterprise trends and adoption rates associated with risk management practices. The report answers the following questions.
- How are organizations mitigating technical, operational and financial risk?
- What percentage of organizations currently has a disaster recovery and/or business continuity plan in place?
- Who ultimately owns the assessment and monitoring of specific risk categories within an organization?
“Fixed and Mobile Enterprise Adoption Trends: Risk Management.” Representing findings from 201 enterprise professionals across 22 different industry sectors, the new report spotlights adoption trends associated with telecommunications risk management practices, addressing such topics as infrastructure reliability, contract and budget liability, and disaster recovery planning.
According to AOTMP research, significantly more enterprises are focused on mitigating risks associated with financial loss, as compared to risks that hinder productivity and cause information security threats. Priorities vary based on industry vertical sector. While retail organizations are likely to focus on productivity loss due to wireless outages, technology-based companies were identified as being the most concerned with assessing threats around security. Based on enterprise feedback, only 58% of all organizations have a fully deployed disaster recovery plan in place to address such threats.
“This report shows that despite perceived technical and financial threats, enterprises vary widely in actions they take to mitigate these risks,” says Timothy C. Colwell, senior vice president of global information management at AOTMP. “Risk mitigation adoption levels illustrate the current paradox between enterprise concerns expressed and the actions they take to alleviate those concerns.”
AOTMP’s report explores enterprise trends and adoption rates associated with risk management practices. The report answers the following questions.
- How are organizations mitigating technical, operational and financial risk?
- What percentage of organizations currently has a disaster recovery and/or business continuity plan in place?
- Who ultimately owns the assessment and monitoring of specific risk categories within an organization?
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