Veeam Data Protection Trends Report 2022 finds that 89 percent of organizations are not protecting data sufficiently. Veeam Software, a provider of backup, recovery, and data management solutions, also found that 88% of IT leaders expect data protection budgets to rise at a higher rate. An official release state that the report is based on a survey of more than 3,000 IT decision-makers and global enterprises.

Anand Eswaran, Chief Executive Officer at Veeam said, “Data volumes and platform diversity will continue to rise, and the cyber-threat landscape will expand. So, CXOs must invest in a strategy that plugs the gaps they already have and keeps pace with rising data protection demands.”

Key findings from the Veeam Data Protection Trends Report 2022 include:

• The data protection gap is widening: Respondents stated that their data protection capabilities cannot keep pace with the demands of the business, with 89% reporting a gap between how much data they can afford to lose after an outage versus how frequently data is backed up.
• Businesses face a data protection emergency: To close the gap between data protection capabilities and this growing threat landscape, organizations will spend around 6% more annually on data protection than broader IT investments.
• Businesses have an availability gap: 90% of respondents confirmed they have an availability gap between their expected SLAs and how quickly they can return to productivity. This has risen by 10% since 2021
• Data remains unprotected: Despite backup being a fundamental part of any data protection strategy, 18% of global organizations’ data is not backed up — therefore, completely unprotected
• Human error is far too common: Technical failures are the most frequent cause of downtime with an average of 53% of respondents experiencing outages across infrastructure/networking, server hardware, and software. 46% of respondents experienced cases of an administrator configuration error, while 49% were hindered by accidental deletion, overwriting of data, or corruption caused by users
• Protecting remote workers: Only 25% of organizations utilize orchestrated workflows to reconnect resources during a disaster, while 45% run predefined scripts to reconnect resources running remotely in the event of downtime and 29% manually reconfigure user connectivity
• Economic drivers remain critical: When asked about the most important factors when purchasing an enterprise data solution, 25% of IT leaders are motivated by improving the economics of their solution