The insight published in Veeam’s 2020 Data Protection Trends Report, found that as a sector, DX is expected to demonstrate a compound annual growth rate (CAGR) of 17.5% over the coming three years. However, many are unprepared to leverage the advantages this could bring, with 40% of organisations continuing to rely on legacy systems to protect their data.
The findings raised further concerns around skills and downtime.
As many as 44% of respondents cited a lack of IT skills or expertise as another barrier to success, while 95% said downtime incidents – averaging 117 minutes – had occurred in the last 12 months. Over the same period, 10% of servers suffered at least one unexpected outage.
“Technology is constantly moving forward, continually changing, and transforming how we do business – especially in these current times as we’re all working in new ways. Due to DX, it’s important to always look at the ever-changing IT landscape to see where businesses stand on their solutions, challenges and goals,” said Danny Allan, CTO and SVP of product strategy at Veeam.
“It’s 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. Data protection must move beyond outdated legacy solutions to a higher state of intelligence and be able to anticipate needs and meet evolving demands.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 recognise that – and act on it – real transformation just won’t happen.”
Putting this into context, organizations consider 51% of their data as high priority versus normal. An hour of downtime from a high priority application is estimated to cost US$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, Veeam said “it’s clear that all data matters and that downtime is intolerable anywhere within today’s environments”.
Allan added: “Data protection is more important than ever now to help organisations continue to meet their operational IT demands while also aspiring towards DX and IT modernisation. 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.”
