Few would argue that organizations are becoming increasingly dependent on data to fuel innovation, drive new revenue streams and provide deep insight into the needs of their customers, partners and stakeholders
"Yet despite the increased investments to safeguard data and keep mission-critical application services highly available across multi-cloud environments, we are witnessing a steady uptick in application downtime and data loss across organizations of all sizes. This is resulting in lost revenue, lost employee productivity and lost opportunities.
According to the 2020 Global Data Protection Index (GDPI) snapshot survey, 82 percent of the respondents reported experiencing a disruptive event in the past 12 months - meaning they experienced downtime, data loss or both - up from 76 percent in the 2019 GDPI survey. The average annual costs of data loss in this 12-month period exceeded $1M, slightly higher from the year prior, while the costs of downtime surged by 54 percent, $810k in 2019 vs $520k in 2018..."
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