Let's suppose your email provider were built with a major outage as well as your last 48 hrs of emails were lost. Or perhaps your recent radiology scans disappeared since the imaging repository crashed at the hospital.
Startling statistics
Alarming instances of loss of data happen more frequently than we believe, because the annual Global Data Protection Index (GDPI), market research commissioned by Dell Technologies, reveals. The study, which surveyed 2,200 decision makers from organizations with 250 employees across 18 countries and 11 industries, reports some startling statistics:
2.13 terabytes of lost data costs organizations $995,613 during the last 12 several weeks, typically.
Only 33% reported high confidence their organization could be fully cured and meet Service Level Objectives (SLOs) from loss of data.
Within the last 12 several weeks, 76 percent of organizations possessed a disruption, and 27 percent experienced irreparable loss of data, nearly double the amount 14 % in 2016.
Huge chance for OEMs
Exactly what does this suggest for OEMs and application providers? Chance. Data protection differentiates your choices from competitors with premium business value and shields your brand from risk. Further, it may generate an incremental revenue stream by looking into making data protection like a service through the cloud open to your clients.
The actual price of loss of data
OEMs and application proprietors typically have steered obvious of information protection given that they view data his or her customers’ responsibility. This is often shortsighted, particularly as data value and price of information loss grow tremendously. Based on the GDPI, 74% of organizations are monetizing data or purchasing tools to do this. Our prime costs of non-compliance with rules, brand damage from loss of data or cybersecurity attacks, and rapid growth of data-driven decisions, are driving this trend. Also, 96% of organizations that endured loss of data and/or unplanned systems downtime experienced productivity decreases, lack of ability to supply essential services, product/service development delays, and revenue loss, among other outcomes.
Integrated solutions available these days
Another data protection concern for OEMs is complexity. The good thing is it’s simpler than ever before to provide data protection for your customers. No more must you cobble together multiple backup and replication solutions. Dell Technologies, for instance, provides integrated data protection solutions which allow seamless backup, restore, deduplication, and management having a couple of clicks through the cloud, virtualized, physical, or on-premise environments. Dell Technologies OEM Embedded & Edge Solutions works together with partners to co-develop enhanced data protection services, like the Teradata Backup, Archive and Recovery solution.
Artificial Intelligence and Machine Learning
The GDPI reports that 51% of respondents cannot find appropriate data protection solutions for artificial intelligence (AI) and machine learning (ML). Other emerging technologies customers find it difficult to safeguard include IoT and robotics, amongst others. Again, this presents a large chance to increase the value of your solutions. New use cases and workloads fueled by AI/ML present unique challenges to OEMs.
New data challenges
Large numbers of information, whether it is from on-premises analytics or edge sensors, are needed for ongoing calculations. Formerly this quantity of historic data could be discarded or at the best, archived. In addition to this, these petabytes of information really are a critical a part of your IP and sure the origin of future revenue possibilities.
Everybody concurs that production information is valuable and should be protected but how would you handle this latest data challenge? As enterprise data points expand from data centers to automated oil rigs to robotics-driven factories to sensor-outfitted stores and beyond, your clients require multi-pronged data protection solutions that actually work seamlessly using their applications and core, cloud, and edge environments.
Sizing the chance
To assist assess this chance, we recommend installing the GDPI for any detailed view, including global and regional infographics. Go to the data protection calculator to determine where your clients stand when compared with other firms.
Making data protection a principal solution design consideration, just like you treat storage, servers, as well as networking, is really a high-reward chance to provide differentiated value, create more revenue, which help your clients grow and succeed.
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