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Have you ever lost data? How much did it cost you? Your data is worth $10,000 per MB. You have invested a lot of time, money, and energy to develop your business data. Whether it's sales records, proposals, receivables, presentations, formulas, or client lists, this data is the heart of your business. Data loss is not acceptable.

Studies have shown:

  • 1MB of data is worth approximately $10,000 (Source: "The Cost of Lost Data" 2003)
  • Re-building just 20MB of lost data could cost more than $17,000 and nearly three weeks to re-build (Source: Ontrack)
  • A leaked record may cost you $180 to rectify (Source: "Data Breach Study" 2005)
  • Retrieval of data from a crashed hard drive can cost a fortune, and there is no guarantee of success (Source: "The Cost of Lost Data" 2003)
  • Companies without a proactive backup and recovery policies are likely to be out of business within 2 years of a major disaster (Source: National Archives and Records Administration)
Setting up data backup, recovery, and retention policies is the only way to prevent disaster from striking and safeguard your business. Governments have started imposing regulations to ensure safe data retention to protect public interest. Although your industry may not be affected at the moment, it is wise to start before regulations are put into place.

Some of the regulations are:
  • Sarbanes-Oxley Act (SOA)
  • Health Insurance Portability and Accountability Act (HIPAA)
  • Gramm-Leach-Bliley Act (GLBA)
Why conventional backup methods (eg: Tape) are not good enough:
  • High failure rates during restoration
  • Critical backup failures will not be detected until the time of restoration
  • Slow read / write speed
  • High cost of maintenance and licensing is prohibitive
  • Data is not encrypted in most cases
  • Fixed capacity per unit makes backup jobs less flexible
  • Prone to physical and mechanical damages
  • Prone to be stolen or misplaced


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