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Backup In The Cloud
As we move further into the Information Age, data has emerged as one of an enterprise’s most valuable assets. We access and input data now more than ever before, and its assistance and convenience help everyone from scientists to entrepreneurs in their day-to-day dealings. Unfortunately, data protection has historically been a reactionary process, and oftentimes companies don’t invest in the proper backup and recovery procedures until it’s far too late.
We often think of data loss in terms of hacks and breaches, but data can be lost through less malicious (but still costly) means as well. Natural disasters and operational losses are the forerunners of accidental data loss, with human error trailing not too far behind. System downtime as a result of data loss can not only cost your company time and money, but it also risks your company reputation and trust with customers, partners, and even employees – which at the heart of it, are invaluable.
The following infographic outlines what’s at stake for companies who risk data protection by only storing their information locally. Fortunately, there is good news: backup data can easily be stored and recovered through the utilization of virtual servers, which most cloud hosting services provide. The other good news? Most companies now recognize the need for a backup plan, and either already implementing one or plan to implement one in the coming years.
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BONE UP ON BACKUP AS A SERVICE
THE COST OF LOSS AND THE MOVE TO THE CLOUD
Without a backup and recovery solution in place, enterprises risk losing everything. Safeguard mission-critical data and offload infrastructure management to ensure business continuity.
CURRENT BACKUP PROCEDURES
ONLY 50% OF ENTERPRISES back up employee computers with some sort of endpoint backup
16% OF END USERS say that they do not have backup through their employer and use alternative solutions
WHEN BACKUPS FAIL
TOP CAUSES OF DOWNTOWN
- 45% OPERATIONAL
- 36% NATURAL DISASTERS
- 19% HUMAN ERROR
THE DOWNSIDE OF DOWNTIME
- 72% Loss of employee productivity
- 37% Loss of employee morale
- 37% Loss of business opportunities
- 35% Loss of revenue
- 33% Loss of customer confidence
- 26% Damaged corporate reputation
- 16% Loss of partner confidence
- 13% Customer compensation
COSTS OF DOWNTIME
$42k DATA LOSS PER HOUR (AVERAGE) non mission-critical
$70.9k DATA LOSS PER HOUR (AVERAGE) mission-critical
UP TO $341k DATA LOSS IN A SINGLE INCIDENCE mission-critical
UP TO $607.5k DATA LOSS IN A SINGLE INCIDENCE non mission-critical
ORGANIZATIONS ENCOUNTER UNPLANNED DOWNTIME 13 TIMES PER YEAR (AVERAGE)
31% target businesses with fewer than 250 employees
50% focus on large enterprises
THE FUTURE OF BACKUPS
CONCERNS AFFECTING FUTURE BACKUPS
77% LIKELIHOOD that the rising tide of data will remain the greatest IT challenge
OVER THE NEXT 12-18 MONTHS
DATA LOSS & PRIVACY BREACHES WILL BE THE MOST PREVALENT CONCERN FOR IT LEADERS
IT ORGANIZATIONS WILL UTILIZE AN EXTERNAL THIRD PARTY TO MANAGE THE RESTORATION OF DATA
TODAY’S IT LEADERS
78% plan to change their protection product in the next 2 years
64% already store data in the cloud