Legacy data protection technology is severely hindering digital transformation say global enterprise CXOs

Legacy data protection technology is severely hindering digital transformation say global enterprise CXOs

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Legacy data protection technology is severely hindering digital transformation say global enterprise CXOs

Almost half of global organisations are being hindered in their digital transformation journeys by legacy data protection technology and IT skills shortages.

The latest industry data in the Veeam 2020 Data protection Trends Report revealed that 40% of organisations rely on legacy systems to protect their data, with 95% of enterprises suffering unexpected outages lasting almost two hours on average.

“Legacy solutions were intended to protect data in physical data centers in the past, but they’re so outdated and complex that they cost more money, time, resources and trouble than realized,” said Danny Allan, the CTO and SVP of Product Strategy at Veeam.

Downtime and outages can cost hundreds of thousands of dollars, pointing to an urgent need to modernise systems including data protection and move to focus on business continuity to enable digital transformation.

Mr Allan added: “It’s great to see the global drive to embrace technology to deliver a richer user experience, however the Achilles’ Heel still seems to be how to protect and manage data across the hybrid cloud.”

The appetite for digital transformation certainly exists at the top of most CXOs agendas, as spending is expected to hit US$7.4 trillion between 2020 and 2023. Respondents in the study also reported that data delivered through IT has become the heart and soul of their business.

But Veeam believes leaders must move data protection beyond outdated legacy systems for real digital transformation to happen.

“Data protection is more important than ever now to help organizations continue to meet their operational IT demands while also aspiring towards DX and IT modernization,” said Mr Allan.

Data is often spread across data centers and cloud through file shares, shared storage and Software-as-a-Service platforms like Google Cloud, AWS, Alibaba Cloud and more.

Mr Allan believed that legacy tools designed to back up on-premise file shares and applications can’t succeed in the hybrid or multi-cloud world, as they cost companies time and money while putting data at risk.

The report by Veeam also discovered half of businesses recognise that cloud has a pivotal part to play in today’s data protection strategy. The Cloud Data Management provider argued that a company needs a comprehensive solution that supports cloud, virtual and physical data management for any application and any data across any cloud in order to achieve a truly modernised data protection plan.

What is the data protection situation like in Asia Pacific?

In Asia Pacific and Japan, the research by the backup solutions provider found that 22% of organisations did not back up their data, which is higher than the global average of 14%.

“Many CIOs are increasing their data protection efforts, but the reality is that systems can easily fall prey to unplanned outages. When this happens, organisations scramble to put their systems back online,” said Shaun McLagan, the Senior Vice President for Asia Pacific and Japan at Veeam.

One in ten organisations also report an “availability gap” between how fast they can recover applications compared to how fast they actually need to recover them, and 90% have a “protection gap” between how frequently they back up their data versus how much data they can afford to lose after an outage.

Mr McLagan added: “To solve this, organisations should modernize their data protection solutions, which goes far beyond backup.”

Businesses are advised to prevent security breaches and ransomware attacks by having offsite and offline backups as well as adequate training for staff, particularly as cybersecurity threats continue to grow.

To prevent attacks, local governments should also advocate for legislation that ensures a strong culture of security like Malaysia’s National Cyber Security Policy.

Ben Chua, a young cybersecurity pioneer in Singapore, said during W.Media’s first Power Talk: “The only way we can do security well is to educate every single citizen of the nation where the whole nation becomes digitally resilient together.”

According to Veeam, ransomware and cyberthreats is the number one challenge faced by organisations, costing an average of US$80,000 to restore data.

The Veeam 2020 Data Protection Trends Report surveyed more than 1,500 global enterprises to understand their approach toward data protection and management. They were surveyed on how they expect to be prepared for the IT challenges they face, including reacting to demand changes and interruptions in service as well as more aspirational goals of IT modernization and digital transformation.

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