According to the recently released Veeam Data Protection Report 2021, data protection challenges are preventing businesses from executing Digital Transformation (DX) initiatives globally. Veeam Software found that 58 percent of backups fail and that 40 percent of CXOs cite economic uncertainty as the biggest threat to their organization’s DX in the coming year. Inadequate data protection and the challenges to business continuity created by the pandemic are hindering enterprises’ initiatives to transform.
Veeam Backup & Replication is a data protection and disaster recovery solution for virtual environments of any size. It provides fast, flexible, and reliable recovery of virtualized applications and data. The provider unifies backup and replication in a single solution, increases the value of backup, and reinvents data protection for VMware VSphere and Microsoft Hyper-V virtual environments. Veeam offers free promotions for physical server backup and O365 Exchange Online. The solution also features data center functions, including tape support and snapshot storage integration, along with key deduplication backup integration. Recently, Veeam was acquired by Insight Partners for $5 billion.
The Veeam Data Protection Report 2021 surveyed more than 3,000 IT decision-makers at global enterprises to understand their approaches to data protection and data management. This study examines how organizations expect to be prepared for the IT challenges they face, including reacting to demand changes and interruptions in service, global influences, and more aspirational goals of IT modernization and DX.
In a media statement, Danny Allan, Chief Technology Officer and Senior Vice President of Product Strategy at Veeam, said, “over the past 12 months, CXOs across the globe have faced a unique set of challenges around how to ensure data remains protected in a highly diverse, operational landscape. In response to the pandemic, we have seen organizations accelerate DX initiatives by years and months in order to stay in business. However, the way data is managed and protected continues to undermine them. Businesses are being held back by legacy IT and outdated data protection capabilities, as well as the time and money invested in responding to the most urgent challenges posed by COVID-19. Until these inadequacies are addressed, genuine transformation will continue to evade organizations.”
Those surveyed stated that their data protection capabilities are unable to keep pace with the DX demands of their organization, posing a threat to business continuity, potentially leading to severe consequences for both business reputation and performance. Despite the crucial role backup plays in modern data protection, 14 percent of all data is not backed up at all and 58 percent of recoveries fail, leaving data unprotected and irretrievable in the event of a disaster. Additionally, unexpected outages are common, with 95 percent of businesses experiencing them in the last year.
30 percent of respondents stated that their DX initiatives have slowed or stopped in the last year. The impediments to transformation include IT teams being too focused on maintaining operations during the pandemic (53 percent), a dependency on legacy IT systems (51 percent), and a lack of IT staff skills to implement new technology (49 percent).
Other highlights of the Veeam Data Protection Report 2021 include:
- Hybrid IT across physical, virtual, and cloud: Over the next two years, most businesses expect to gradually reduce their physical servers, maintain, and fortify their virtualized infrastructure, and embrace “cloud-first” strategies. This means half of production workloads will be cloud-hosted by 2023.
- Rapid growth in cloud-based backup: Backup is shifting from on-prem to cloud-based solutions that are managed by a service provider, with a trajectory reported from 29 percent in 2020 to 46 percent anticipated by 2023.
- Importance of reliability: “To improve reliability” was the most important driver of a global organization to change its primary backup solution, stated by 31 percent of respondents.
- Modern data protection: 46 percent of organizations will partner with a Backup as a Service provider by 2023 and 51 percent plan to adopt Disaster Recovery as a Service in the same timeframe.
Allan continued, adding, “one of the major shifts we have seen over the past 12 months is undoubtedly an increased digital divide between those who had a plan for Digital Transformation and those who were less prepared, with the former accelerating their ability to execute and the latter slowing down. Step one to digitally transforming is being digitally resilient. Across the board, organizations are urgently looking to modernize their data protection through cloud adoption. By 2023, 77 percent of businesses globally will be using cloud-first backup, increasing the reliability of backups, shifting cost management, and freeing up IT resources to focus on DX projects that allow the organization to excel in the digital economy.”
To read the full Veeam Data Protection Report 2021, click here.
To learn more about Veeam, click here.
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