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Enterprise buyers’ guide
to data protection 2024
- Disaster recovery and data protection are top challenges for several reasons. More than two
thirds (67%) of surveyed organizations have experienced a significant outage, the mean cost
of which is $2.33 million, according to 451 Research’s Voice of the Enterprise (VotE): Storage,
Disaster Recovery 2024 survey.
- This marks an 8% increase from $2.15 million in 2023. Data
protection challenges will only escalate since data under management is expected to grow by
24% in the next 12 months.
- The most common consequence of recent outages was lost worker productivity, which 42%
of respondents experienced, while 40% of respondents say they lost data in their recent
outage, up from 32% in the previous study.
- As customer experience becomes more critical
across industries, outages leading to lost revenue from missed business opportunities (31%),
lost customer loyalty (19%) and damaged business reputation (17%) all negatively impact how
customers rate their vendors.
- The 3-2-1 rule, an industry standard for backup operations, calls for organizations to have three
copies of data, stored on two different storage mediums, with one copy stored at a remote site
- Recently, the 3-2-1 rule has been enhanced to include immutable storage capabilities, preventing
backup repositories from being deleted or corrupted by attackers or accidentally by staff
members with credentials. The broad availability of immutable cloud storage services has made
it easier for organizations to leverage immutable storage for every workload, regardless of where
it resides.
- Data protection workloads such as backup, disaster recovery and data archiving now use public
cloud resources and service providers both to fulfill off-site storage requirements and to act as
a second storage medium to complement on-premises repositories that facilitate rapid, local
restoration operations.
- In data protection use cases, only 25% of respondents currently favor on-premises-only
deployments, a significant drop from 34% last year. This contrasts with the 46% who favor hybrid
cloud deployments, in which the organization maintains a smaller on-premises backup repository
for rapid recovery, while cloud storage handles the long-term storage of backups and acts as the
off-site repository.
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