According to IDC, 64% of large organizations spend more than 10% of IT budgets on data protection, compared with just 17% of organizations in 2019. The impact of proactive SaaS data protection goes well beyond resilience to positively impact the speed of business, innovation experience, exemplary compliance, granularity, and cloud strategy integrity.
Top reasons why enterprises choose a SaaS backup and recovery solution
Needed to scale up data recovery operations
Looking for a backup solution that fits the digital transformation journey
Data backup was challenging and very manual
Looking for a reliable disaster recovery solution
About the Business Value research
OwnBackup is a leading SaaS data protection provider supporting Salesforce, Microsoft Dynamics 365, and ServiceNow. IDC interviewed 12 organizations to understand their data protection challenges and the impact of OwnBackup’s solutions on their Salesforce-related data backup, archiving, sandbox seeding, and recovery operations. These organizations reported multiple business and IT benefits, centered around greater confidence in having their business-critical data on OwnBackup’s solutions.
Numbers to know
IDC’s research concluded that OwnBackup delivered:
reduction in average data recovery time
more efficient data protection and data recovery teams
more productive application developers
reduction in time loss due to data loss
more backups performed
Ensuring data continuity with minimal effort
Improving security and compliance
Developers have an improved setup
Faster time to market
Protecting deployments with automated and visible backups
Business value and quantified benefits
While this study focuses on the quantifiable benefits such as efficiency gains and cost savings, organizations highlighted some non-quantifiable benefits such as peace of mind knowing that backups are in place and that any data can be recovered easily while staying compliant.
Based on interviews with organizations using OwnBackup, IDC performed a three-step process to calculate the ROI and payback period:
Gathered quantitative benefit information during the interviews using a before-and-after assessment of the impact of using OwnBackup.
Created a complete investment (three-year total cost analysis) profile based on the interviews. Investments go beyond the initial and annual costs of using OwnBackup and can include additional costs related to migrations, planning, consulting, and staff or user training.
Conducted a depreciated cash flow analysis of the benefits and investments for the organizations’ use of OwnBackup over a three-year period. ROI is the ratio of the net present value (NPV) and the discounted investment. The payback period is the point at which cumulative benefits equal the initial investment.
Forward-thinking organizations are increasing their IT spend to protect data. Isn’t it time you do too?