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All issuesVolume 311, Issue 2IT Vendor NewsVeeam

Backup Modernization Guide: Empowering Resellers

Veeam News, Friday, February 16th, 2024

In today's challenging business environment, most CEOs are focused on digital transformation, since many know it's the key to increasing revenue and growth. Evolving digitally lets them build new products and services, improve relationships with customers, and follow compliance regulations.

An essential part of achieving digital transformation is backup modernization. However, too many companies spend excessive hours and money on legacy backup systems that can't quite support their efforts. According to the 2024 Data Protection Trends Report, 68% of organizations estimate it would take them more than a week to recover their data after experiencing a cyberattack or disaster event, and a driver behind these long recovery times is the use of outdated legacy backup.

This issue of the report also found that data protection budgets will increase by 6.6% overall in 2024, and 92% of respondents said they would increase their own data protection budgets.

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