Intelligent CIO Middle East Issue 46 | Page 23

//////////////////////////////////////////////////////////////////////////////////// TRENDING CXO RESEARCH: ORGANISATIONS CAN LOSE US$20 MILLION EACH YEAR DUE TO POOR DATA MANAGEMENT The 2019 Veeam Cloud Data Management Report indicates that 73% of organisations are failing to meet users’ demands for uninterrupted access to applications and data; many companies are now looking to embrace Cloud Data Management to better meet protection needs and leverage the power of their data. O globally admit to not being able to meet users’ demands for uninterrupted access to data and services, costing the typical company US$20 million a year. Organisations need to manage and protect this data no matter where it resides, but according to the latest industry survey results released from Veeam Software, a leader in backup solutions that enable Cloud Data Management, 73% of organisations This highlights the devastating impact downtime can have on lost revenue, productivity and customer confidence. However, this year’s study shows that organisations are acting to combat this, with nearly three-quarters (72%) looking to embrace Cloud Data Management, often by exploiting hybrid cloud capabilities, to ensure ver the past decade, the amount of data generated has exploded; data growth and sprawl is so rampant that by 2025 we will generate more than 175 zettabytes of data each year, up almost two thirds from 2018. www.intelligentcio.com “ THIS HIGHLIGHTS THE DEVASTATING IMPACT DOWNTIME CAN HAVE ON LOST REVENUE, PRODUCTIVITY AND CUSTOMER CONFIDENCE. INTELLIGENTCIO 23