Dell : APJ Organizations Recorded 64% of Data Explosion, Hence 77% More Data Protection Challenges

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Date : 26-Mar-2020
Location: Kuala Lumpur

Key Takeaways:
  • The Dell Technologies Global Data Protection Index 2020 Snapshot reveals that organisations in Asia Pacific and Japan (APJ) on average are managing 64% more data than they were a year ago.
  • The vast majority (77%) of respondents reported their current data protection solutions will not meet all of their future business needs.
Spokepersons:
  • Beth Phalen, president, Dell Technologies Data Protection, said, data is the lifeblood of business and the key to an organisation’s digital transformation.
  • Alex Lei, Vice President, Data Protection Solutions, Asia Pacific & Japan, Dell Technologies, said, as the value of an enterprise’s data increases, the cost of data lost increases substantially.

 Insights: 
  • Organisations in Asia Pacific and Japan (APJ) manage 13.31 petabytes of data on average, a staggering 693% increase since 2016.
  • The estimated total cost of data loss increased to more than $1.3 million USD per organisation over the last 12 months, on average
  • More than half of organisations struggle to find adequate data protection solutions for emerging technologies :
    • 5G and cloud edge infrastructure (75%)
    • AI and ML platforms (72%)
    • Cloud-native applications (64%)
    • IoT and end point (59%)
    • Robotic process automation (56%)
  • The largest threat to all this data seems to be the growing number of disruptive events, from cyber-attacks to data loss to systems downtime. The majority of organisations (84% in 2019 compared to 80% in 2018) suffered a disruptive event in the last 12 months. And, an additional 70% fear their organisation will experience a disruptive event in the next 12 months.
  • Multi-vendor scenarios reduces effectiveness - the finding that organisations using more than one data protection vendor are almost four times more vulnerable to a cyber incident.
  • The cost of disruption is also increasing at an alarming rate. The average cost of downtime in the last 12 months surged by 61% from 2018 to 2019, resulting in an estimated total cost of $794,308 USD in 2019, up from $494,869 USD in 2018.
  • The study also found that 77% of respondents believe their organisations’ existing data protection solutions will not be able to meet all future business challenges. Respondents shared a lack of confidence in the following areas:
    • Recovering data from cyber-attacks (70%)
    • Recovering data from a data loss incident (66%)
    • Meeting compliance with regional data governance regulations (65%)
    • Meeting backup and recovery service level objectives (60%)
  • As the data landscape grows more complex, organisations need nimble, sustainable data protection strategies that can scale in a multi-platform, multi-cloud world - in other words, new apps and data are rapidly deployed to the cloud (private and public) and cloud-native environments,hence, cloud-based data protection solution is preferred.

Best Practices:
  • In 2020 and beyond, organisations that leverage comprehensive data management and protection capabilities across their multi-platform and multi-cloud environments, will be prepared to effectively mitigate emerging risks, accelerate innovation, reduce Total Cost of Ownership (TCO) and optimise business outcomes.
Editor's comments:
  • Data explosion and complexities (emerging tech like 5G and A.I, multi-platform, multi-cloud world etc) have brought data protection to a new height where 77% of respondents believe that existing data protection solutions are inadequate.
  • Data protection solutions were unable to keep up with the data explosive trends.
  • One way to mitigate is to decentralize the operations of data protection - although centralizations remains a trend, the cost can be too huge to digest.

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