Saturday, February 4, 2023
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory
  • Login
  • Register
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
No Result
View All Result
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
No Result
View All Result
Cloud7 News
No Result
View All Result

Home > Cybersecurity > Veeam 2020 Data Protection Trends Report released

Veeam 2020 Data Protection Trends Report released

Veeam's latest report shows that global businesses are struggling with antiquated solutions to protect and manage their data during digital transformation.


Erdem Yasar Erdem Yasar
June 4, 2020
3 min read
Veeam 2020 Data Protection Trends Report released

More than 1,500 global enterprises were surveyed for the Veeam 2020 Data Protection Trends Report to understand their approach toward data protection and management. The survey also inspects how they expect to be prepared for the IT challenges they face. According to the report, respondents claim that IT has become the heart and soul of most organizations. However, 40% of the organizations are still relying on legacy systems to protect their data.

Other highlights of the report include

The study also shows that 95% of the organizations still suffer outages and these outages last 117 on average. Veeam also states that 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.

  • The No. 1 challenge that will impact organizations within the next 12 months is cyber threats (32%). Shortage of skills to implement technology (30%) and meeting changing customer needs (29%) were also cited as key hurdles in the next 12 months.
  • Lack of staff to work on new initiatives (42%) was cited as the most impactful data protection challenge organizations currently have. Lack of budget for new initiatives (40%) and lack of visibility on operational performance (40%) were also cited.
  • Over half (51%) of respondents believe DX can help their organization transform customer service. Almost half said it could transform business operations (48%) and deliver cost savings (47%).
  • Almost one-quarter (23%) of organizations describe their progress towards achieving DX initiatives and goals as mature or fully implemented.
  • Almost a third (30%) of organizations are currently in the early stages of implementing or planning DX.
  • Over a third (39%) of respondents said the ability to improve reliability of backups is the most likely reason to drive their organization to change its primary backup solution. 38% cited reduced software or hardware costs and 33% said improving return on investment.
  • Almost a quarter (23%) of organizations’ data is replicated and made business continuity (BC)/DR capable via a cloud provider. Over a fifth (21%) of data across organizations globally is not replicated or staged for BC/DR.
  • Over a quarter (27%) of organizations’ data is backed up to the cloud by a Backup as a Service (BaaS) provider. 14% of data across organizations globally is not backed up.
  • Over two in five (43%) organizations plan to leverage cloud-based backup managed by a BaaS provider within the next two years.
Danny Allan, CTO and SVP of Product Strategy at Veeam
Danny Allan, CTO and SVP of Product Strategy at Veeam

Danny Allan, CTO and SVP of Product Strategy at Veeam said,

“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. 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 recognize that, and act on it, real transformation just won’t happen.”

See more Cybersecurity News


Tags: Danny AllanVeeam Software
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Next Post
FirstLight acquires a portion of DFT Communications' fiber assets

FirstLight acquires a portion of DFT Communications' fiber assets

Related News

LockBit encryptor source code is updated

LockBit encryptor source code is updated

February 3, 2023 4:40 pm
Fortinet is expanding its SOC offerings portfolio

Fortinet is expanding its SOC offerings portfolio

February 3, 2023 2:00 pm
Radware announces a new partner program

Radware announces a new partner program

February 3, 2023 1:30 pm
APTs are looking for developers to hire with hefty paychecks

APTs are looking for developers to hire with hefty paychecks

February 1, 2023 2:30 pm
Get free daily newsletters from Cloud7 News Get the Cloud7 Newsletter
Select list(s):

Check your inbox or spam folder to confirm your subscription.

By subscribing, you agree to our
Copyright Policy and Privacy Policy

Get the free newsletter

Subscribe to receive the latest IT business updates straight to your inbox.

Select list(s):

Check your inbox or spam folder to confirm your subscription.

Editor's Choice

What’s new in Linux kernel 6.2 rc6?

10 Best Web Hosting Services of 2023

Ubuntu 22.04 LTS is available for download. What is new?

CERN and Fermilab recommend AlmaLinux

7 best hosting control panels of 2023

How to update Linux Kernel without rebooting?

7 best Linux mail servers of 2023

7 best cPanel alternatives for 2023

7 best Linux web browsers for 2023

7 best CentOS alternatives

7 best Linux server distros of 2023

Interview with Igor Seletskiy on AlmaLinux

How to create a VM on VMware Workstation

Recent News

  • Best Ubuntu alternatives for desktop of 2023
  • How to enable UEFI in VMware Workstation
  • LockBit encryptor source code is updated
  • LibreOffice 7.5 Community is released. What’s new?
  • NTT to add Palo Alto Networks’ solution to its portfolio

Cloud7 News
Cloud7 is a news source that publishes the latest news, reviews, comparisons, opinions, and exclusive interviews to help tech users of high-experience levels in the IT industry.

EXPLORE

  • Web Hosting
  • Cloud Computing
  • Data Center
  • Cybersecurity
  • Linux
  • Network/Internet
  • Software
  • Hardware
  • How-Tos
  • Troubleshooting

RESOURCES

  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

Get the Cloud7 Newsletter

Get FREE daily newsletters from Cloud7 delivering the latest news and reviews.

  • About
  • Privacy & Policy
  • Copyright Policy
  • Contact

© 2023, Cloud7 News. All rights reserved.

No Result
View All Result
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

© 2023, Cloud7 News. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.