IT End-User-Focused Research on Backup Identifies Data Growth as Driver for Recovery-Based Pricing
Organizations with Rising Data Volumes Feeling Strong Pressure to Contain Data Protection Costs.
- (1888PressRelease) August 15, 2013 - TORONTO, ON - Asigra Inc., a leading cloud backup, recovery and restore software provider since 1986 today announced the results of new research on the impact of data growth on backup and recovery pricing and cost containment.
The research, commissioned by Asigra and conducted by the Enterprise Strategy Group (ESG), includes findings from nearly 500 financial and IT decision makers/influencers. The research includes insights on data growth, software pricing preferences, and data recovery trends.
In the report produced by ESG, IT end-users were questioned about the financial pressure they are under to reduce IT expenditures amidst rising data growth costs. The research revealed that 2 out of 3 respondents felt at least some pressure to reduce IT spending and that pressure was found to increase with a corporation's annual revenue.
Those from large companies were more likely to say they felt strong pressure to reduce costs across several areas of IT. While the desire to reduce IT costs are high for many organizations, financial buyers of backup and recovery software and/or services expect to see a substantial increase in purchases in this area over the next five years due to data growth rates.
Research summary:
· 3 out of 4 respondents expect their data volumes to grow at a rate of 20% or less annually.
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