GEC NEWS WIREIDC Report Finds that EMC Customers Achieved Average Annual Savings of USD 3 million
EMC has released the findings of a study that quantifies the business value of investment in advanced backup and recovery, measuring the operational gains, ROI, and payback periods of these solutions. According to analysts, the customers interviewed experienced a total average annual savings of over $2.9 million from backup transformation, which includes a combination of hard and soft costs. Nearly 58% of this savings came from $1.7 million saved resulting from eliminating old tape libraries and improving storage efficiency through deduplication. EMC customers were able to see a 454% ROI and payback for the solutions in less than 5 months.
The IDC study commissioned by EMC is aimed at providing IT decision makers with proven business value with EMC backup and recovery solutions to enable them better define the ROI and business value of advanced backup and recovery solutions.
Fady Richmany, Senior Regional Director, EMC Backup Recovery Systems Division in Turkey, Eastern Europe, Africa, and Middle East, said, “Responses from nine prominent enterprises representing key verticals like Telecom, Banking and Finance with combinations of EMC backup and recovery solutions helped IDC establish a clear business value behind backup and recovery deployments by highlighting a quick payback period and massive performance enhancements as well as a combined annual savings of approximately USD 3 million.”
Megha Kumar, Research Manager, Software, IDC Middle East, Africa and Turkey, added, “What we found was that using the right backup and recovery solutions for their environment, these customers were able to achieve enhanced staff productivity and significant operational gains in addition to improved confidence in their ability to ensure all round availability, accessibility and protection of growing volumes of data.”
