A third of companies are not clear on what specific information is archived and stored in their tape storage, posing risk and high cost to their business.
Kroll Ontrack conducted research collected from 819 IT administrators from the UK, US, Canada, Australia, Germany, Austria, Switzerland, France, Italy and Poland. The findings revealed that nearly half of companies surveyed run two or three different backup solutions and an additional seven percent run four or more parallel solutions.
Depending on company size, costs for keeping legacy data accessible ranges from £8,000 to over £1 million. Respondents identified the top drivers of cost; they are storage (70 percent), maintenance (69 percent), staff (52 percent), security (42 percent) and licences (38 percent).
Respondents in the UK, US, Canada and Australia reported that the average number of restore requests is significantly higher compared to participants from Germany, France, Poland and Italy.
The majority of companies (56 percent) reported using different versions of their backup solutions. Up to 40 percent of companies intend to terminate their maintenance contracts due to cost.
“It is imperative that enterprises know what data is on their legacy tapes to be able to quickly react, for example, when responding to investigations involving custodian data, regulatory requests from a government agency or as part of an ediscovery matter,” said Robin England, senior research and development engineer at Kroll Ontrack.
“Companies, especially in regulated industries, are often required to store data for a defined period of time. Because enterprises do not know what data will be needed in the event of litigation or an investigation, they elect to keep their legacy backup systems accessible to ensure they can access data in the future,” said Phil Bridge, managing director, Kroll Ontrack.