75% Indian companies not disaster ready: CBRE

Nearly 75 per cent of Indian companies are not prepared for disaster management, a recent survey by real estate consultant CBRE says.
According to the study, which includes over 100 top corporates in the country and over 350 respondents found out that 75 per cent of the Indian firms are not disaster ready.
It said that 96 per cent of the respondents agreed that majority of losses from disaster occur as a direct result of damage to the built environment, lack of foresight and planning.
Nearly 97 per cent agreed that an integrated and comprehensive approach is necessary to improve the safety of buildings from disasters, the survey said.

"Unprecedented rate of urban growth, increasing dependence on complex technical systems, combined with climate change predictions, have increased the disaster uncertainty even more," CBRE India Managing Director-Project Management Gurjot Bhatia said.
According to the study, only 21 per cent of the respondents have attempted to include hazard mitigation measures in projects. Nearly 97 per cent have agreed periodic audits should be made mandatory for all buildings with respect to codal provisions and compliances with a quarterly frequency.

"India is a disaster prone country, with 85 per cent of Indian land vulnerable to one or more natural hazards, making it critical to have plan and gauge an organisations' readiness to deal with such a situation," CBRE Chairman -India and South East Asia Anshuman Magazine said.

"There is strong agreement across the board that
disruptive technologies will be game-changers and you need to adopt them quickly to stay in the game," says Manoj Madhusudanan, Managing Director of InsightBee.
InsightBee provides high-quality, custom research and analytics from any device, from proactive alerts to tailored reports, its online platform delivers the intelligence you need every day - across all business functions and industries.
With its pay-as-you-go model, ordering tailored insights is easy. InsightBee, created by Evalueserve, is powered by mind+machine(TM). It combines human experience with best-in-class technology to give qualified intelligence, faster.
Evalueserve, headquartered in Switzerland, has 3,200 employees with offices all over the world.

The InsightBee, Global Survey on 2017 Technology Trends is based on the results from a survey of IT directors, CIOs, and high-ranking executives. It was conducted with companies in India, UK, U.S., Germany, China, Singapore. The companies were primarily in five sectors:
Technology, manufacturing, banking and financial services, consulting and advisory, and healthcare and life sciences.
"The survey clearly shows companies where they need to spend in order to compete when it comes to disruptive technologies, averting cyber security issues, and gaining valuable sales intelligence advantages," concludes Madhusudanan.
The full report can be accessed at
https://resources.Insightbee.Com/top-global-technology-trends- 2017 Contact
MEDIA CONNECT Brian Feinblum +1-212-583-2718 brian.Feinblum@finnpartners.Com

EVALUESERVE / INSIGHTBEE, Raluca Tarcea +40-364-733-007 raluca.Tarcea@evalueserve.Com
Source: InsightBee.