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SMBs Facing Challenges in Data Backup: Report

Using Cloud as a secondary backup location is on the rise. Nearly two-third of the respondents said they are replicating backup data to the cloud

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Joe Balog, a workforce management director at Travelers, examines weather, social media and other data from recent natural disasters inside the company's catastrophe response command center in Windsor, Connecticut. VOA

Most small and medium businesses (SMBs) globally are facing challenges when it comes to backing up and recovering data, a new report said on Friday.

Backup is getting more complex and 57 per cent of respondents are responsible for backing up more than two sites and 35 per cent are using multiple Cloud services, said the report from US-based cyber security solutions firm Barracuda Networks.

Barracuda surveyed more than 1,000 IT professionals, business executives and backup administrators worldwide to find out about their data protection strategies.

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A French soldier watches code lines on his computer during the International Cybersecurity forum in Lille, northern France, Jan. 23, 2018. VOA

“IT may be underestimating the need to protect the Software-as-a-Service (SaaS) data in their subscription apps. Only 16 per cent reported backing up SaaS data,” the report added.

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Using Cloud as a secondary backup location is on the rise. Nearly two-third of the respondents said they are replicating backup data to the cloud.

“While more IT professionals are embracing ways the Cloud can support data protection, such as replicating backup data to the Cloud, many are making dangerous assumptions about SaaS and Cloud data that are putting organisations at risk,” said Chris King, Director, Product Management, Data Protection at Barracuda Networks. (IANS)

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Amazon To Empower SMBs in India By Exporting Products Worth $10bn

According to Prabhu Ram, Head, Industry Intelligence Group (IIG), CMR, SMBs in India account for 45 per cent of industrial output, creating employment for 60 million Indians and roughly 1.3 million jobs annually

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Amazon
Amazon wants to make sure that the current perception of the company among the small businesses go away, else this will further call for strict scrutiny from the regulators and protests from small traders. VOA

$1 billion commitment by Amazon to empower small and medium businesses (SMBs) in India is Jeff Bezos’ attempt to change the e-commerce giant’s perception among small businesses which are in a retaliatory mode, industry experts said on Wednesday.

Bezos announced that the e-commerce major, through its global footprint, will help SMBs export products worth $10 billion by 2025. This move is seen as a measure to calm the growing unrest and protests going on under the aegis of the Confederation of All India Traders (CAIT).

“Amazon wants to make sure that the current perception of the company among the small businesses go away, else this will further call for strict scrutiny from the regulators and protests from small traders,” Satish Meena, Senior Forecast Analyst with Forrester, told IANS.

Over the next five years, Amazon will invest $1 billion to digitise micro and small businesses in cities, towns and villages across India, helping them reach more customers than ever before, announced Bezos.

According to Meena, this is in line with what Amazon is planning to do in India for the next few years.

“They need partnerships with SMBs for products to cater not only to the Indian customers, but also to customers outside the country,” he said. Amazon said it would establish ‘Digital Haats’ in 100 cities and villages to help businesses integrate into the digital economy.

According to Prabhu Ram, Head, Industry Intelligence Group (IIG), CMR, SMBs in India account for 45 per cent of industrial output, creating employment for 60 million Indians and roughly 1.3 million jobs annually. “The SMBs, however, are constrained by multiple challenges, including access to skills, talent, finance, and most importantly, digital outreach,” Ram told IANS.

Amazon
$1 billion commitment by Amazon to empower small and medium businesses (SMBs) in India is Jeff Bezos’ attempt to change the e-commerce giant’s perception among small businesses which are in a retaliatory mode, industry experts said on Wednesday. Pixabay

“This is where SMB-centric initiatives, such as Amazon’s commitment, are a welcome initiative to digitally support SMBs, enabling them to gain knowledge, reach their target audience, achieve scale, and while doing so, be able to measure their growth metrics,” Ram said.

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In the end, added Meena, SMBs in India also need handholding in product development, capital investment and access to market. (IANS)