{"id":2326,"date":"2020-06-11T09:12:59","date_gmt":"2020-06-11T09:12:59","guid":{"rendered":"https:\/\/outsourcing-today.ro\/?p=2326"},"modified":"2020-06-11T09:12:59","modified_gmt":"2020-06-11T09:12:59","slug":"veeam-research-cyber-threats-are-the-biggest-challenge-for-companies-next-year-according-to-a-veeam-study-an-hour-of-inactivity-is-estimated-at-nearly-70000-us-dollars","status":"publish","type":"post","link":"https:\/\/outsourcing-today.ro\/?p=2326","title":{"rendered":"Veeam research: Cyber threats are the biggest challenge for companies next year, according to a Veeam study. An hour of inactivity is estimated at nearly 70,000 US dollars"},"content":{"rendered":"

As organizations look to transform their business operations and revolutionize customer service, Digital Transformation (DX) is at the top of most CXOs\u2019 agendas; in fact, DX spending is expected to\u00a0approach $7.4 trillion<\/a>\u00a0between 2020 and 2023, a CAGR of 17.5%. However, according to the latest industry data released today from\u00a0Veeam\u00ae Software<\/a>, the leader in Backup solutions that deliver Cloud Data Management™, almost half of global organizations are being hindered in their DX journeys due to unreliable, legacy technologies with 44% citing lack of IT skills or expertise as another barrier to success. Moreover, almost every company admitted to experiencing downtime, with 1 out of every 10 servers having unexpected outages each year \u2014 problems that last for hours and cost hundreds of thousands of dollars \u2013 and this points to an urgent need to modernize data protection and focus on business continuity to enable DX.<\/p>\n

“Digital innovation is transforming industries, disrupting existing business and operating models now more than ever. Data is an essential element for every business, and their modern protection needs to be smarter and better able to anticipate needs and meet customer requirements. Veeam has become a global leader in Cloud Data Management and can support companies of all sizes to accelerate digital growth and transformation, ensuring the availability and protection of critical data,” said Andrei Romanescu, CEO of Veeam Software Romania.<\/p>\n

The\u00a0Veeam 2020 Data Protection Trends Report<\/a>\u00a0surveyed more than 1,500 global enterprises to understand their approach toward data protection and management today, and how they expect to be prepared for the IT challenges they face, including reacting to demand changes and interruptions in service, as well as more aspirational goals of IT modernization and DX.<\/p>\n

\u201cTechnology is constantly moving forward, continually changing, and transforming how we do business \u2013 especially in these current times as we\u2019re all working in new ways. Due to DX, it\u2019s important to always look at the ever-changing IT landscape to see where businesses stand on their solutions, challenges and goals,\u201d said Danny Allan, CTO and SVP of Product Strategy at Veeam. \u201cIt\u2019s great to see the global drive to embrace technology to deliver a richer user experience, however the Achilles Heel still seems to be how to protect and manage data across the hybrid cloud. \u00a0Data protection must move beyond outdated legacy solutions to a higher state of intelligence and be able to anticipate needs and meet evolving demands. Based on our data, unless business leaders recognize that \u2013 and act on it \u2013 real transformation just won\u2019t happen.\u201d<\/p>\n

The Criticality of Data Protection and Availability<\/strong><\/p>\n

Respondents stated that data delivered through IT has become the heart and soul of most organizations, so it should not be a surprise how important \u201cdata protection\u201d has become within IT teams, including not just backing up and restoring data, but also extending business capabilities. However, many organizations (40%) still rely on legacy systems to protect their data without fully appreciating the negative impact this can have on their business. The vast majority (95%) of organizations suffer unexpected outages and on average, an outage lasts 117 minutes (almost two hours).<\/p>\n

Putting this into context, organizations consider 51% of their data as \u2018High Priority\u2019 versus \u2018Normal\u2019. An hour of downtime from a High Priority application is estimated to cost $67,651, while this number is $61,642 for a Normal application. With such a balance between High Priority and Normal in percentages and impact costs, it\u2019s clear that \u201call data matters\u201d and that downtime is intolerable anywhere within today\u2019s environments.<\/p>\n

\u201cData protection is more important than ever now to help organizations continue to meet their operational IT demands while also aspiring towards DX and IT modernization. Data is now spread across data centers and clouds through file shares, shared storage, and even SaaS-based platforms. Legacy tools designed to back up on-premises file shares and applications cannot succeed in the hybrid\/multi-cloud world and are costing companies time and resources while also putting their data at risk,\u201d added Allan.<\/p>\n

DX and the Cloud<\/strong><\/p>\n

Enterprises know they must continue to make progress with their IT modernization and DX initiatives in order to meet new industry challenges, and according to this report\u2019s feedback, the most defining aspects of a modern data protection strategy all hinge upon utilization of various cloud-based capabilities: Organizations\u2019 ability to do disaster recovery (DR) via a cloud service (54%), the ability to move workloads from on-premises to cloud follows (50%), and the ability to move workloads from one cloud to another (48%). Half of businesses recognize that cloud has a pivotal part to play in today\u2019s data protection strategy; and it will most likely become even more important in the future. For a truly modernized data protection plan, a company needs a comprehensive solution that supports cloud, virtual and physical data management for any application and any data across any cloud.<\/p>\n

Allan concluded: \u201cBy already starting to modernize their infrastructures in 2020, organizations expect to continue their DX journey and increase their cloud use. Legacy solutions were intended to protect data in physical datacenters in the past, but they\u2019re so outdated and complex that they cost more money, time, resources and trouble than realized. Modern protection, such as Veeam\u2019s Cloud Data Management solutions, go far beyond backup. Cloud Data Management provides a simple, flexible and reliable solution that saves costs and resources so they can be repurposed for future development. Data protection can no longer be tied to on-premises, physically-dedicated environments and companies must have flexible licensing options to easily move to a hybrid\/multi cloud environment.\u201d<\/p>\n

Other highlights of the Veeam 2020 Data Protection Trends Report include:<\/p>\n