Report finds that data backup and recovery capabilities are dropping behind organizational requirements

Published: Wednesday, 23 February 2022 09:07

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 percent of organizations are not protecting data sufficiently. Veeam Software found that 88 percent 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 cloud-based 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 cyber attack landscape and the steps they are taking to implement a modern data protection strategy that ensures business continuity.

The data protection gap is widening

Respondents stated that their data protection capabilities cannot keep pace with the demands of the business, with 89 percent reporting a gap between how much data they can afford to lose after an outage versus how frequently data is backed up. This has risen by 13 percent in the past 12 months, indicating that while data continues to grow in volume and importance, so do the challenges in protecting it to a satisfactory level. The key driver behind this is that the data protection challenges facing businesses are immense and increasingly diverse.

For the second year in a row, cyber attacks have been the single biggest cause of downtime, with 76 percent of organizations reporting at least one ransomware event in the past 12 months. Not only is the frequency of these events alarming, so is their potency. Per attack, organizations were unable to recover 36 percent of their lost data, proving that data protection strategies are currently failing to help businesses prevent, remediate and recover from ransomware attacks.

Businesses face a data protection emergency

To close the gap between data protection capabilities and this growing threat landscape, organizations will spend around 6 percent more annually on data protection than broader IT investments. While this will only go some way to reversing the trend of data protection needs outpacing ability to execute, it is positive to see CXOs acknowledge the urgent need for modern data protection.

As cloud continues its trajectory to becoming the dominant data platform, 67 percent of organizations already use cloud services as part of their data protection strategy, while 56 percent now run containers in production or plan to in the next 12 months. Platform diversity will expand during 2022, with the balance between data center / centre (52 percent) and cloud servers (48 percent) continuing to close. This is one reason 21 percent of organizations rated the ability to protect cloud-hosted workloads as the most important buying factor for enterprise data protection in 2022 and 39 percent believe IaaS/SaaS capabilities to be the definitive attribute of modern data protection.

Other key findings include:

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