Posted by Mumbai: In an era marked by escalating cyberattacks and costly IT outages, Veeam Software has unveiled the industry’s first Data Resilience Maturity Model (DRMM). The new framework empowers organisations to objectively assess their true resilience posture and take decisive, strategic action to close the gap between perception and reality to ensure their data is resilient in the face of growing cyberattacks and outages.
Joint research conducted by Veeam and McKinsey reveals a staggering disconnect: while 30% of CIOs believe their organisations are above average in data resilience, fewer than 10% are. This miscalculation is not just risky; it’s reckless. According to the report, IT downtime costs the Global 2000 over $400 billion annually, with $200 million in losses per company from outages, reputational damage, and operational disruption.
“Data resilience is critical to survival—and most companies are operating in the dark,” said Anand Eswaran, CEO of Veeam.
“The new Veeam DRMM is more than just a model; it’s a wake-up call that equips leaders with the tools and insights necessary to transform wishful thinking into actionable, radical resilience, enabling them to start protecting their data with the same urgency as they protect their revenue, employees, customers, and brand,” added Eswaran.
The Veeam DRMM framework empowers leaders to assess and improve their data resilience by providing valuable insights for aligning people, processes, and technical capabilities with their overall data strategy. This alignment helps minimise risk exposure while allowing organisations to concentrate on mission-critical objectives and sustain a competitive advantage.
Notably, the Veeam DRMM stands out as the only framework in the industry from a consortium of industry experts that delivers a holistic perspective on cyber resilience, disaster recovery (DR), and operational continuity across three key domains: data strategy, people and processes, and technology.
“Data resilience isn’t just about protecting data, it’s about protecting the entire business,” Eswaran continued. “This is the difference between shutting down operations during an outage or keeping the business running. It’s the difference between paying a ransom or not. It provides the foundation for AI innovation, compliance, trust, and long-term performance – including competitive advantage.”
Built on extensive research in collaboration with McKinsey & Company and insights from over 500 IT, security, and operations leaders, the Veeam DRMM has been validated through real-world customer outcomes, including a healthcare system that saved $5 million per outage and a global bank that achieved zero cyber incidents after implementing the model with Veeam’s platform.