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Veeam Data Protection Report 2021 finds that COVID-19 has significantly impacted Digital Transformation ( DX ) spending , with 40 % of global organizations viewing economic uncertainty as the greatest barrier to DX in the next 12 months and onethird having slowed or halted initiatives in the past year .

Veeam Software , a leader in backup solutions that deliver Cloud Data Management , found that against the backdrop of COVID-19 and ensuing economic uncertainty , which 40 % of CXOs cite as the biggest threat to their organization ’ s DX in the next 12 months , inadequate data protection and the challenges to Business Continuity posed by the pandemic are hindering organizations ’ initiatives to transform .

The Veeam Data Protection Report 2021 surveyed more than 3,000 IT decision makers at global enterprises to understand their approaches to data protection and data management . The largest of its kind , this study examines how organizations expect to be prepared for the IT challenges they face , including reacting to demand changes and interruptions in service , global influences ( such as COVID-19 ) and more aspirational goals of IT modernization and DX .

“ Over the past 12 months , CXOs across the globe have faced a unique set of challenges around how to ensure data remains protected in a highly diverse , operational landscape ,” said Danny Allan , Chief Technology Officer and Senior Vice President of Product Strategy at Veeam . “ In response to the pandemic , we have seen organizations accelerate DX initiatives by years and months in order to stay in business . However , the way data is managed and protected continues to undermine them . Businesses are being held back by legacy IT and outdated data protection capabilities , as well as the time and money invested in responding to the most urgent challenges posed by COVID-19 .

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