Intelligent CIO APAC Issue 22 - Page 28


CXO research : 89 % of organizations falling short on data protection

The disconnect between business expectations and IT ’ s ability to deliver has never been more impactful , according to the Veeam Data Protection Trends Report 2022 , which found that 89 % of organizations are not protecting data sufficiently .

Veeam Software , a leader in backup , recovery and data management solutions that deliver Modern Data Protection , found that 88 % of IT leaders expect data protection budgets to rise at a higher rate than broader IT spending as data becomes more critical to business success and the challenges of protecting it grow in complexity . More than two-thirds are turning to cloudbased services to protect essential data .
The Veeam Data Protection Trends Report 2022 surveyed more than 3,000 IT decision makers and global enterprises to understand their data protection strategies for the next 12 months and beyond .
The largest of its kind , this study examines how organizations are preparing for the IT challenges they face , including huge growth in use of cloud services and cloud-native infrastructure , as well as the expanding cyberattack landscape and the steps they are taking to implement a Modern Data Protection strategy that ensures Business Continuity .
“ Data growth over the past two years [ since the pandemic ] has more than doubled , in no small part to how we have embraced remote working and cloudbased services and so forth ,” said Anand Eswaran , Chief Executive Officer at Veeam . “ As data volumes have exploded , so too have the risks associated with data protection ; ransomware being a prime example .
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