New Report Reveals Current Data Protection Strategies won’t Keep Pace
with Future Data Growth
BOSTON--(BUSINESS WIRE)--
Iron
Mountain® Incorporated (NYSE: IRM), the storage and information
management company, has published predictions from 230 IT professionals
on how organizations will protect data in 2014 and beyond.
Titled The Cost of Inertia, the newly released report indicates
that IT professionals believe most organizations will not do enough in
the near future to fortify their data backup and recovery practices,
despite recognizing that information security risks continue to grow.
Some of the report’s key insights include:
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Data loss ranks as number one concern of IT leaders: With 68
percent probability, the report shows that data loss and privacy
breaches are the most prevalent concern for IT leaders over the next
12-18 months.
-
Managing increased data volumes will continue to overwhelm
organizations: There is a 77 percent likelihood that the rising
tide of data will remain the greatest challenge facing IT
organizations. Contributing to the issue is that many enterprises have
data stored on various technologies, making access to this data a
concern as these organizations work to meet growing archiving
requirements.
-
Backup tape is still an attractive storage option: Respondents
indicated with a 62 percent confidence level that IT organizations are
grappling with limited funding for aligning data growth and data
protection. At the same time, tape’s low total cost of ownership (TCO)
makes it an attractive factor for its role in a hybrid backup strategy.
“As the volume of data continues to explode, companies are strapped with
how to cost effectively archive that information and protect it from
potential data loss,” said Jay Livens, director of product and solutions
marketing, Iron Mountain. “The only way organizations can accomplish
these goals and overcome their limited budgets is to store smart with a
mix of cloud, disk and tape technologies.”
The full report with complete survey data and data protection
predictions is available at www.ironmountain.com/predictions.
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is a leading provider of storage
and information management services. The company’s real estate network
of over 64 million square feet across more than 1,000 facilities in 36
countries allows it to serve customers with speed and accuracy. And its
solutions for records
management, data
management, document
management, and secure
shredding help organizations to lower storage costs, comply with
regulations, recover from disaster, and better use their information for
business advantage. Founded in 1951, Iron Mountain stores and protects
billions of information assets, including business documents, backup
tapes, electronic files and medical data. Visit www.ironmountain.com
for more information.
Source: Iron Mountain Incorporated