INSUBCONTINENT EXCLUSIVE:
Organizations on average are managing almost 40 percent more data than they were a year ago according to new research from Dell Technologies
and this surge in data comes with inherent challenges.To compile its new Global Data Protection Index 2020 Snapshot, the company surveyed
1,000 IT decision makers at public and private organizations with 250+ employees from 15 different countries to learn more about how these
challenges impact their data protection readiness.The findings from Dell's survey show that an increasing number of organizations (80% in
2019 up from 74% in 2018) now see the value in their data
President of Dell Technologies Data Protection Beth Phalen explained why data protection strategies will be essential to businesses in the
As we enter the next data decade, resilient, reliable and modern data protection strategies are essential in helping businesses make
smarter, faster decisions and combat the effects of costly disruptions
As the data landscape grows more complex, organizations need nimble, sustainable data protection strategies that can scale in a
percent increase from 2018 when the average was 9.70PB and an 831 percent increase since organizations were managing 1.45PB of data in
2016.Cyberattacks, data loss and system downtime are the largest threats to all of this data and the majority of organizations (82%)
suffered a disruptive event during the course of the last 12 months
Additionally, 68 percent of organizations fear they will experience a disruptive event in the next 12 months.The study also found that
organizations which are using more than one data protection vendor are approximately two times more vulnerable to a cyber incident that
prevents access to their data
However, the use of multiple data protection solutions is on the rise with 80 percent of organizations choosing to deploy solutions from two
or more providers.The cost of disruption is also increasing and the average cost of downtime surged by 54 percent from 2018 to 2019,
resulting in an estimated loss of $819k in 2019
These costs are also significantly higher for organizations using more than one data protection vendor.While disruption can have serious
negative effects for any business, the likelihood that organizations will suffer data loss, system downtime and cyberattacks will likely
only increase as companies continue to manage even more data.
