CIOs failing to meet demands for always-on IT
Four in five CIOs worldwide are unable to meet their enterprises’ demands for always-on IT services, and this availability gap is costing businesses more than $2 million per year, a survey shows.
A survey of CIOs from large companies in 10 markets including Australia, conducted by Vanson Bourne for Veeam Software, shows that 82% report being unable to meet their business’s needs for immediate, always-on access to IT services.
Application failures are costing enterprises more that $2 million a year in lost revenue, productivity and opportunities, the report states.
CIOs report that unplanned application downtime occurs more than once per month.
More than 90% of CIOs are under pressure to improve the speed of data recovery and backup data more frequently.
This pressure is originating from the need to enable real-time interactions among customers, partners suppliers and employees, as well as other factors including the need to access applications across time zones or the increased adoption of mobile devices.
But one in six backup recoveries fails, costing businesses at least $682,000 annually. The average IT department also misses the recovery time objective their businesses demand for mission-critical data by more than one hour.
“Make no mistake, we are already in the era of the Always-On Business,” Veeam CEO Ratmir Timashev said. “To keep pace, enterprises need entirely new types of solutions that enable 24/7 availability in a way that legacy data protection and backup products could never do.”
Making sure your conversational AI measures up
Measuring the quality of an AI bot and improving on it incrementally is key to helping businesses...
Digital experience is the new boardroom metric
Business leaders are demanding total IT-business alignment as digital experience becomes a key...
Data quality is the key to generative AI success
The success of generative AI projects is strongly dependent on the quality of the data the models...
