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Solutions Review’s Tim King compiled this roundup of 45 World Backup Day quotes from 32 experts for 2023, part of our ongoing coverage of the enterprise storage and data protection market. World Backup Day quotes have been vetted for relevance and ability to add business value.
According to McKinsey, the global SaaS market is now valued at $3 trillion, and their estimations show it could increase to a whopping $10 trillion by 2030. Unless specifically built into the contract upfront, viruses and malware, insider threats, and issues caused by human or configuration error are usually not covered by the SaaS provider.
However, by 2030, this industry is expected to generate more than $115 billion in revenue every single year! However, some of these technically sophisticated criminals are designing systems that allow other people to also distribute malware. Having backups of your data can protect you from this threat.
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