{"id":54639,"date":"2022-08-08T09:29:49","date_gmt":"2022-08-08T01:29:49","guid":{"rendered":"https:\/\/version-2.com\/?p=54639"},"modified":"2023-02-22T14:31:48","modified_gmt":"2023-02-22T06:31:48","slug":"whats-the-return-on-investment-roi-of-a-cloud-backup-solution","status":"publish","type":"post","link":"https:\/\/version-2.com\/zh\/2022\/08\/whats-the-return-on-investment-roi-of-a-cloud-backup-solution\/","title":{"rendered":"What\u2019s the Return on Investment (ROI) of a cloud backup solution?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"54639\" class=\"elementor elementor-54639\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-35fe5dd post-content elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"35fe5dd\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[{&quot;jet_parallax_layout_image&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;_id&quot;:&quot;cef08c3&quot;,&quot;jet_parallax_layout_image_tablet&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;jet_parallax_layout_image_mobile&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;jet_parallax_layout_speed&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:50,&quot;sizes&quot;:[]},&quot;jet_parallax_layout_type&quot;:&quot;scroll&quot;,&quot;jet_parallax_layout_direction&quot;:&quot;1&quot;,&quot;jet_parallax_layout_fx_direction&quot;:null,&quot;jet_parallax_layout_z_index&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_x&quot;:50,&quot;jet_parallax_layout_bg_x_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_x_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_y&quot;:50,&quot;jet_parallax_layout_bg_y_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_y_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_size&quot;:&quot;auto&quot;,&quot;jet_parallax_layout_bg_size_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_size_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_animation_prop&quot;:&quot;transform&quot;,&quot;jet_parallax_layout_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;]}]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-409a2e9a\" data-id=\"409a2e9a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5a8be8f elementor-widget elementor-widget-text-editor\" data-id=\"5a8be8f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p align=\"center\"><img decoding=\"async\" src=\"https:\/\/images.prismic.io\/keepit\/af90edf1-b95b-4607-923a-a989edc3d275_The-ROI-of-Cloud-Backup-for-Enterprises.png\" alt=\"\" width=\"500\" height=\"auto\"><\/p>\n<p>As organizations increasingly rely on SaaS solutions for business-critical applications, it\u2019s becoming apparent that even the big providers eventually suffer outages. Recently, Microsoft customers suffered problems with Teams and Exchange Online. That follows an outage by Atlassian a couple months earlier. These SaaS apps are so ingrained in daily operations that they often contain the institutional knowledge critical to run the business. If you\u2019ve ever experienced lack of access to files, messages, and other critical data, you probably are looking for a backup solution to ensure your business can keep running no matter what happens. <\/p>\n<p>When evaluating a cloud backup provider, you\u2019ll likely need to make a business case for the investment. Perhaps the solution\u2019s features such as automated backup, high security, and an intuitive user experience look impressive, but how about the important question?<\/p>\n<p>What\u2019s the ROI? Can you provide a compelling business case to convince the stakeholders and leadership in your organization?  <\/p>\n<p>To understand the financial impact of backup and recovery solutions, let\u2019s first evaluate the different costs involved. <\/p>\n<p>What could be the financial impact of not backing up your cloud data?<\/p>\n<p>1. Impacts of Cyberattacks <\/p>\n<p>A study conducted by IT research firm ESG states that 79% of organizations had a ransomware attack within the past year. A devastating ransomware attack could leave employees unable to use core business applications for days, weeks, and even months at a time. <\/p>\n<p>According to Forrester, a successful ransomware attack resulting in disruption to operations for an organization with 5,000 employees for five days would cost more than US$5 million. The same ESG study found that only 50% of the organizations were able to recover all their data in a clean and recent state. <\/p>\n<p>According to Verizon\u2019s Data Breach Investigations, large data breaches (with 100 million records or more) cost, an average of $5 million to $15.6 million and can top out at $200 million.  <\/p>\n<p>2. Accidental Deletions <\/p>\n<p>According to ESG\u2019s Tech Validation Report, accidental deletions result in data loss approximately 20% of the time. Verizon reports that 85% of breaches involve a human element. A single document sometimes is worth hundreds of dollars. A properly implemented cloud backup solution allows employees to restore critical data quickly and reliably, indirectly saving millions of dollars for the business. <\/p>\n<p align=\"center\"><img decoding=\"async\" src=\"https:\/\/images.prismic.io\/keepit\/2e103a11-1018-467f-81e3-fc32cd0ccf23_Graph-what-are-the-top-causes-of-SaaS-data-loss.png\" alt=\"\" width=\"958\" height=\"auto\"><\/p>\n<p>3. SaaS Licensing Fees <\/p>\n<p>Companies often must keep ex-employee user accounts active after their exit date to access user data which would otherwise be purged by the SaaS vendor. It is common for approximately 10% of employees to leave every year. This number can be much higher if organizations use a lot of temporary staff or contractors. The license fees to keep departed users active can be saved by using a cloud backup provider that retains your data for as long as you\u2019re a customer. <\/p>\n<p>4. Archiving Costs <\/p>\n<p>Are you investing in data archiving repositories? Typically, organizations depend on separate archiving tools to help move inactive data into long-term storage systems. This helps optimize resources in the active system to help users quickly access data. By having a cloud backup provider \u2013 especially with unlimited storage &#038; retention as Keepit offers &#8211; you can avoid investing in a separate archiving tool. <\/p>\n<p>5. IT Administration Efficiencies <\/p>\n<p>IT administrators typically spend a lot of time off-boarding employees and searching for documents that have been either intentionally or unintentionally deleted. If the time for off-boarding is reduced from an hour to a minute thanks to a backup solution, the net benefit would be thousands of dollars per year. Likewise, searching for hours to find deleted files is time-consuming and costly but with the right backup solution, IT admins can quickly search and find files in minutes.  <\/p>\n<p>A solid return on a critical investment <\/p>\n<p>Keepit commissioned Forrester Consulting to conduct a total economic impact (TEI) study to evaluate the potential economic impact for businesses that utilize the company\u2019s data protection services.<\/p>\n<p>Based on interviews with five Keepit customers across a range of industries, Forrester generated a composite organization from which it produced a financial model that outlined three-year, risk-adjusted potential savings from utilizing Keepit. The TEI includes two categories of savings, quantifiable and unquantifiable. Forrester determined that in addition to unquantifiable savings like recovery from a ransomware attack, Keepit offers a 78% return on investment (ROI) and a net present value (NPV) of $225K. To see how a dedicated backup solution can pay for itself in just six months, <a href=\"https:\/\/version-2.com\/wp-content\/uploads\/2022\/08\/TEI_of_Keepit_Cloud-backup.pdf\" target=\"_balnk\">download the full Forrester TEI study<\/a>. <\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2004c86 elementor-widget elementor-widget-shortcode\" data-id=\"2004c86\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">\t\t<div data-elementor-type=\"page\" data-elementor-id=\"18103\" class=\"elementor elementor-18103\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-748947f elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"748947f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[{&quot;jet_parallax_layout_image&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;_id&quot;:&quot;c4f773e&quot;,&quot;jet_parallax_layout_image_tablet&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;jet_parallax_layout_image_mobile&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;jet_parallax_layout_speed&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:50,&quot;sizes&quot;:[]},&quot;jet_parallax_layout_type&quot;:&quot;scroll&quot;,&quot;jet_parallax_layout_direction&quot;:&quot;1&quot;,&quot;jet_parallax_layout_fx_direction&quot;:null,&quot;jet_parallax_layout_z_index&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_x&quot;:50,&quot;jet_parallax_layout_bg_x_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_x_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_y&quot;:50,&quot;jet_parallax_layout_bg_y_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_y_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_size&quot;:&quot;auto&quot;,&quot;jet_parallax_layout_bg_size_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_size_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_animation_prop&quot;:&quot;transform&quot;,&quot;jet_parallax_layout_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;]}]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7995c19\" data-id=\"7995c19\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a437045 elementor-widget elementor-widget-image-box\" data-id=\"a437045\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">About Version 2 Digital<\/h3><p class=\"elementor-image-box-description\">Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.\n<br><br>\nThrough an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\n\t\t<div data-elementor-type=\"page\" data-elementor-id=\"50842\" class=\"elementor elementor-50842\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c1043a3 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"c1043a3\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[{&quot;_id&quot;:&quot;c4f773e&quot;,&quot;jet_parallax_layout_image&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;jet_parallax_layout_image_tablet&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;jet_parallax_layout_image_mobile&quot;:{&quot;url&quot;:&quot;&quot;,&quot;id&quot;:&quot;&quot;,&quot;size&quot;:&quot;&quot;},&quot;jet_parallax_layout_speed&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:50,&quot;sizes&quot;:[]},&quot;jet_parallax_layout_type&quot;:&quot;scroll&quot;,&quot;jet_parallax_layout_direction&quot;:&quot;1&quot;,&quot;jet_parallax_layout_fx_direction&quot;:null,&quot;jet_parallax_layout_z_index&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_x&quot;:50,&quot;jet_parallax_layout_bg_x_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_x_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_y&quot;:50,&quot;jet_parallax_layout_bg_y_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_y_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_size&quot;:&quot;auto&quot;,&quot;jet_parallax_layout_bg_size_tablet&quot;:&quot;&quot;,&quot;jet_parallax_layout_bg_size_mobile&quot;:&quot;&quot;,&quot;jet_parallax_layout_animation_prop&quot;:&quot;transform&quot;,&quot;jet_parallax_layout_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;]}]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c911d7d\" data-id=\"c911d7d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-026fa41 elementor-widget elementor-widget-text-editor\" data-id=\"026fa41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>About Keepit<\/strong><br \/>At Keepit, we believe in a digital future where all software is delivered as a service. Keepit\u2019s mission is to protect data in the cloud Keepit is a software company specializing in Cloud-to-Cloud data backup and recovery. Deriving from +20 year experience in building best-in-class data protection and hosting services, Keepit is pioneering the way to secure and protect cloud data at scale.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>As organizations increasingly rely on SaaS solutions fo [&hellip;]<\/p>\n","protected":false},"author":143524195,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[488,853,61],"tags":[489,854],"class_list":["post-54639","post","type-post","status-publish","format-standard","hentry","category-488","category-keepit","category-press-release","tag-489","tag-keepit"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What\u2019s the Return on Investment (ROI) of a cloud backup solution? 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