Tech visionaries have long predicted the prominence the cloud will play in computing, and a potential catalyst to current and future migrations to the cloud can be found in the loss of valuable company data. According to recent research by tech-service provider Kroll Ontrack, a growing number of companies are relying on the cloud to backup company information.

Kroll Ontrack’s research examined the data backup practices of over 500 companies in North America, Asia and Europe that have suffered data losses. Released to coincide with World Backup Day, the survey found that among companies with no data backup plans, over half (51 percent) still consider hard drives for primary data backup, while nearly a quarter (23 percent) are considering shifting their backup data to the cloud. When compared to the results of the same survey conducted in 2015, the numbers indicate that businesses are gradually shifting away from external hard drives (preference was down 17 percent from the previous year), while cloud consideration has increased by five percent.

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