Singaporean organisations have a gap between how fast they can recover data versus how fast they need that process done.
With data protection becoming a greater issue as the COVID-19 pandemic has been forcing businesses to go digital, a study reported that most Singaporeans still have gaps in protection and backup.
Cloud data management company Veeam's latest Data Protection Report found that 78% of Singaporean organisations have a "reality gap" between the need to recover applications and data quickly, and how quickly they can actually recover with their current programs.
Almost 74% of Singaporean organisations also have a "protection gap", or a gap between how much they can afford to lose after an outage and how frequently they back up important data. The most common IT outages experienced by the organisations surveyed are cybersecurity events and server hardware outages, at 59% and 58%, respectively.
Because of the pandemic, 73% of Singaporean organisations have accelerated their digital transformation initiatives. Of those that have adopted strong data management platforms, 30% found their IT infrastructure teams became more efficient, 72% experienced faster response times to problems, and 33% reported less instances of data loss.
When it comes to backing up data, 27% of organizations use cloud-based methods.
Singaporeans anticipate changing customer needs and economic uncertainty in the coming 12 months when it comes to digital transformation.
Veeam's research had a respondent pool of 242 Singaporean IT organisations out of the 3,000 surveyed worldwide.
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