Businesses of all sizes are witnessing an explosion in the volume of data they hold. Whether it is the result of the Internet, email, or increasingly heavy and media-rich application software, there is a massive growth in the volume of data all around.
Conservative estimates place data growth at approximately 80% per year. Data is increasingly being recognized as one of the real assets of a company, and losing this data would cause severe damage to any organization.
Data loss can be very costly, particularly for organizations in the small and medium business (SMB) market where the difference between survival and closure can rest on the ability to recover from a disaster. At the very least, critical data loss will have a financial impact on companies of all sizes:
Recreating Sales and Marketing data can take as much as 19 days at a cost of over 17 Thousand dollars.
Accounting data can date 21 days and over 19 thousand.
Engineering data, a whopping 42 days and over 98,000!
The financial impact on a company is a combination of loss of business, low productivity, legal action, and the cost of re-creating data. A study showed that the cost of re-creating just 20 MB of data can be extensive!
Now imagine that most Small businesses have approximately 500MB of raw data per employee within that organization.
Your best solution, is a solid, reliable and tested backup. Whether that backup is an online storage site, a hard drive to hard drive copy or a CD/DVD/Tape based solution, some backup is better than none at all.
Pickup the phone and call the technology coach today, put the right systems in place to protect yourself from data loss, because an ounce of prevention, is worth many pounds of cure!
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