No data, no business. With today’s businesses being more and more dependent on technology, it’s as important as ever to make sure your data stays protected. In this slideshare, we outline some data loss statistics and data backup strategies. Download our white paper, Moving Away From Tape: Strategies for Advancing to a More Modern Backup Solution, for more information. http://bit.ly/2lQZN5x About Mindsight Mindsight is a technology consulting firm that provides thoughtfully-crafted and thoroughly-vetted perspectives to its Chicago area clients’ toughest technology challenges. Mindsight’s recommendations come from its experienced and talented team, and are based on a solid understanding of its clients' unique business and technology challenges. Mindsight believes in being transparent and candid, which means more productive interactions and less pretense. The company provides the best thinking to achieve the best result. When you need a different point of view, you can count on Mindsight. To learn more, visit our website at http://www.gomindsight.com.

1. 1
THE DATA DILEMMA
How To Keep Your Data Protected
1

2. 2
WHY IS DATA BACKUP IMPORTANT?
96% of all business
workstations are not
being backed up.
34% of companies
do not test their
backups.
The average cost of
downtime per hour is
between $25,000
to $50,000.

3. 3 3
44%
of data loss occurs
from hardware or
system malfunctions.
DATA LOSS STATISTICS
14%
of data loss
occurs from
software
corruption.
7%
of data loss
occurs from
computer viruses.
65%
of data loss is
caused by human
error.

4. 4 4
DATA LOSS STATISTICS
50%
of tape backups
fail to restore
correctly.
More than 50% of
professionals back
up their data to a
misconfigured tape
backup system.
60%
of companies that lose
their data will shut
down within 6 months
of the disaster.

5. 5
DATA BACKUP SOLUTIONS
TAPE BACKUP
Magnetic tape is used for storing duplicate copies of hard disk
files. A tape-based backup strategy requires the IT team to
physically transport and store backup tapes in an off-site location.
DISK BACKUP
A hard disk based storage device is used to store and
retrieve backup data. This solution offers faster backup and
restores than tape, but it is stored in a data center onsite. Backups
will be affected if disaster strikes your office or data center.
CLOUD BACKUP
Backups are stored in an offsite repository owned by a cloud
provider and accessed remotely through the network whenever a
recovery is needed. This is the most convenient, but also most
expensive option for data backup.

6. 6 6
CLOUD BACKUP STATISTICS
Global revenue for
cloud backup services
grew by 225% in 2014.
51%
of companies still
use hardware-based
backup solutions.
23%
of companies are
“considering” cloud
backup options.

7. 7 7
WHAT IS THE BEST SOLUTION?
Mindsight’s white paper, Moving Away from Tape: Strategies for
Advancing to a More Modern Backup Solution, takes a deeper dive
into the evolution of backup solutions from tape to cloud. We break
down the value, shortcomings, and challenges of each of the
leading data backup solutions as they respond to the challenges of
their predecessors and we also give our recommendation as to
what the best solution is for most IT environments.
DOWNLOAD THE WHITE PAPER

8. 8
Resources
http://invenioit.com/continuity/know-statistics-on-data-loss-backup/
http://www.sourcit.net/services/cloud-backup-recovery/compared-to-tape-backup/
https://www.backblaze.com/blog/hard-drive-reliability-stats-q1-2016/
https://www.cloudwards.net/world-backup-day-2015/
http://www.businesscloudnews.com/2016/03/31/cloud-based-data-backup-solutions-increasing-in-popularity-survey/
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