By Sudipta Choudhury - April 09, 2021 3 Mins Read
Around one-third of the Indian organizations use a cloud-based backup that a backup-as-a-service (BaaS) provider manages. This trend is expected to increase up to 58% by 2023, claims a recent study.
Nearly 64% of the Indian companies have accelerated their digital transformation plans to enable instant data capture, accelerate business outcomes, and lower processing time – reports Veeam India.
The global pandemic has generated uncertain market dilemmas that have had a significant impact on the IT strategies across Indian organizations. The “Veeam Data Protection Report 2021” indicated IT leaders seek fast results to address critical data protection needs.
The challenges around data protection are undermining the abilities of businesses to execute DX. About 58% of IT decision-makers noted backups are failing as well as leaving data unprotected. In fact, almost 40% of CXOs said COVID-19 induced economic uncertainty is a significant threat to their innovative projects for the next 12 months.
As per the study for most enterprises, the top technology concerns in 2021 are data protection, digital transformation, IT Modernization, data loss, cloud data management, and downtime impact. The top challenges projected to impact the Indian Inc. digital transformation are economic uncertainty (34%), followed by cyber risks (34%).
Some of the principal findings from the report are –
In India, about 24% of all backups are not restorable since companies noted that backup jobs ended with errors or were incomplete by the allocated time. The common reasons for IT outages experienced by the firms in the past two years are cybersecurity attacks (63%), application software outages (58%), and storage hardware outages (58%).
In this context, Sandeep Bhambure, VP and MD at Veeam India and SAARC, concluded – “Organizations also face tremendous IT challenges with respect to legacy systems and data protection. As the demands of a modern enterprise get complex, data protection and management must evolve to a higher state of intelligence across all environments.”
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