There are 1 Companies in Hungary
that provide Disaster Recovery Services!

Hungary is an open economy where particular emphasis is placed on encouraging foreign direct investments. Partnership with potential investors is a national priority, special attention is paid to the needs of already existing companies, and to the further development of the business climate. 

Starting with 2010, Hungary has put a lot of effort into developing the IT sector. Some of the best steps in this direction are: 

• Tax modifications and incentive system related to R&D activities

• Strategic partnership for local IT companies, as well as government projects 

• A dual education system based on the tech industry’s needs

• Adjusted the economical climate to the latest requirements of Industry 4.0

In Hungary, the added value generated by the IT sector was 5,18 billion Euros in 2019, and compared with 2017 and 2018, grew by 5% and respectively 7%, which confirms the steady ground the national IT industry stands on. Additionally, Hungarian IT companies have access to the vast EU digital market, which allows them to export services across Europe. 

The most popular IT services provided by Hungarian companies are Software development, Software engineering, and Cyber Security. However, in the last several years’ local companies focused also on app development and knew an increasing number of projects in the AR and VR branches. 

Why you should work with Hungarian IT companies

Even though the digital market is dominated by foreign IT companies ( 66% ), there are also local companies that are striving in providing cutting-edge technology services, which may compete in some places with US, German, and UK companies. For central Europe, this represents a big step ahead and provides cheaper alternatives to the same services for potential customers. 

In 2019, the value of Hungarian exported IT services reached 1.95 billion euros or 8.2% of the entire export value of the country. The numbers are expected to grow significantly due to foreign direct investments in the sector, which also grew by 19% in 2019-2020 Q1.

What you should pay attention to when working with Hungarian IT companies

Hungarian IT companies are not the best-known on the international market, so far. However their increased potential lately may lead to a market boom in the central European market, and many potential customers could turn their attention to this progressive alternative. But the main challenge the companies will possibly face is a lack of experience in working with big projects. In its turn, the lack of experience can lead to poor project management, late project delivery, or even poorly executed projects. 

How reliable are Hungarian IT companies

Hungarian IT companies don’t have a reputation for providing services in IT, which can turn both as an advantage and disadvantage for the companies. Depending on how well local IT companies will start performing on a larger scale, the reliability of companies will be appreciated. 

How does the Hungarian IT sector relate to the neighboring countries

The V4 countries are working together in many areas including in the IT sector. Companies from these countries benefit from facilities and eased access on national markets, but, they also compete. 

In these regards, Hungary is the 2nd growing country in the IT sector in the group of 4, straight after Poland, which already took the lead with an advantage of 35%. 

Outside the V4 group, Romania and Ukraine are also countries that are direct competitors with the Hungarian IT sector. It is still uncertain whether Hungary, Ukraine, Poland, or Romania will become the largest central-European hub in the EU, and generally, in Europe. 

Disaster recovery services are like a safety net for your business's data and operations. They help you prepare for unexpected events like natural disasters or cyberattacks, ensuring that you can quickly recover and continue your business even in challenging circumstances.

More than 327 verified IT companies specialize in providing disaster recovery services. These companies have expertise in creating and implementing strategies to protect your data and IT infrastructure. Well-known IT companies offering disaster recovery services include IBM, Dell Technologies, and Hewlett Packard Enterprise (HPE).

Disaster recovery service providers use a range of tools and technologies to safeguard data and ensure business continuity. These include backup and recovery software, cloud storage solutions, virtualization technologies, and monitoring systems. Popular cloud platforms like Amazon Web Services (AWS) and Microsoft Azure also play a crucial role in disaster recovery.

Disaster recovery services are typically included in a suite of services that also address business continuity and risk management. Other related services may include:

• Business Continuity Planning: Developing comprehensive strategies to keep your business running during disruptions.

• Cybersecurity Services: Protecting against cyber threats and data breaches, which are often a cause of disasters.

• Risk Assessment: Identifying vulnerabilities and potential threats to your business.

• Emergency Response Planning: Preparing for immediate actions in the event of a disaster.

• Data Protection Services: Implementing data encryption, access controls, and data loss prevention measures.

Selecting the right IT company for disaster recovery services requires evaluating their experience, the comprehensiveness of their disaster recovery solutions, and their responsiveness in case of an emergency. Look for providers who offer tailored disaster recovery plans that align with your specific business needs and recovery time objectives (RTOs).

Disaster recovery service providers are essential for various projects and scenarios, including:

• Data Centers: Ensuring the continuity of critical data center operations.

• E-commerce Websites: Protecting online businesses from downtime due to technical issues or cyberattacks.

• Healthcare Systems: Safeguarding patient records and medical systems to ensure uninterrupted care.

• Financial Institutions: Meeting regulatory requirements for data protection and business continuity.

• Manufacturing Plants: Minimizing production disruptions caused by equipment failures or supply chain interruptions.

Disaster recovery services are crucial for companies of all sizes and industries, including:

• Small Businesses: Protecting essential data and ensuring minimal downtime.

• Enterprises: Managing complex IT environments and maintaining regulatory compliance.

• Healthcare Providers: Safeguarding patient records and critical medical systems.

• Financial Institutions: Ensuring uninterrupted banking and financial services.

• Government Organizations: Maintaining public services and data integrity during emergencies.

Disaster recovery is not a one-size-fits-all solution. It's essential to conduct a risk assessment and work with a disaster recovery service provider to develop a tailored plan that matches your business's specific needs and budget. Regular testing and updates of your disaster recovery plan are also crucial to ensure it remains effective as your business evolves.