Backup As A Service [Infographic]

Rick Talavera https://www.singlehop.com 2m 501 #backup

The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.

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)

TARGETED ATTACKS

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

SINGLEHOP

www.singlehop.com

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