This occurred in firms with more than 1,000 employees and using legacy IT and outdated data protection capabilities.

Do 58% of your organization’s data backups fail if there are more than 1,000 employees?

In a survey of 3,000 IT decision makers (in firms with >1,000 employees) from 28 countries, data backup firm Veeam Software found this to be the case. 

Against the backdrop of the ongoing pandemic, 40% of CXOs of the large firms surveyed had cited inadequate data protection and challenges to business continuity as hindrances to their initiatives to transform in the next 12 months,

Respondents had stated that their data protection capabilities were “unable to keep pace” with the DX demands of their organization, thereby “posing a threat to the business continuity, potentially leading to severe consequences for both business reputation and performance.”

Other report findings include:

  1. ‘Most’ respondents expected to gradually but continually reduce their physical servers, maintain and fortify their virtualized infrastructure, and embrace ‘cloud-first’ strategies.
  2. Backup is shifting from on-premises to cloud-based solutions that are managed by a service provider, with trajectory reported from 29% in 2020 to 46% anticipated by 2023.
  3. 31% of respondents cited “To improve reliability” as the most important driver of a global organization to change its primary backup solution.
  4. 22% stated that the most important driver for change was improving the economics of their solution, including improving ROI and reducing TCO.
  5. 80% of respondents had a rift between how fast they can recover applications and how fast they need to recover them.
  6. 76% had a rift between how frequently data was backed-up versus how much data they can afford to lose after an outage.
  7. 46% of respondents indicated interested to use a Backup-as-a-Service provider by 2023 and 51% planned to adopt Disaster Recovery as a Service (DRaaS) in the same timeframe.
  8. 14% of all data was not backed up at all, and 58% of recoveries failed.
  9. 95% of respondents experienced unexpected outages in the last 12 months; with one in four servers having at least one unexpected outage in the prior year.
  10. More than half of CXOs said there could be a loss of confidence towards their organization from customers, employees, and stakeholders.
  11. 91% of CXO respondents had increased their cloud services usage in the first months of the pandemic, and the majority said they would continue to do so, with 60% planning to add more cloud services to their IT delivery strategy.
  12. However, while businesses recognized the need to accelerate their DX journeys over the next 12 months, 40% acknowledged that economic uncertainty posed a threat to their DX initiatives.
  13. 30% of CXOs ‘admitted’ that their DX initiatives had slowed or halted in the past 12 months.
  14. The impediments to transformation were multi-faceted, including IT teams being too focused on maintaining operations during the pandemic (53%), a dependency on legacy IT systems (51%), and a lack of IT staff skills to implement new technology (49%).
  15. ‘Almost a third’ of respondents said they would “look to get their DX journeys back on track” by moving data protection to the Cloud.

According to Danny Allan, CTO and Senior Vice President of Product Strategy, Veeam: “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 the pandemic. Until these inadequacies are addressed, genuine transformation will continue to evade organizations.”