Backup Criteria

Hello,
I was wondering what the common, and not so common IT Professional demands of his/her backups. I have been given the task of finding the best way to backup our data. I already do tape backups, I am looking for ideas on geophysical redundancy, and offsite backup storage. What features are there? What features should there be? What would be the most Ideal backup situation? Be creative, think outside the box on this one. Thanks a million.