When setting up or running any kind of company in the modern era, one of the biggest challenges you have to handle is dealing with data. Recent years have seen a veritable data explosion, with greater and greater quantities of information being required across all industries.
Because of this explosion, the average business has to safely store and manage reams of information, from customer details like addresses and phone numbers to key company files and documents. But how do you effectively manage all of that data?
Well, that’s where the challenge comes in. Businesses understand that their data has value, but they don’t necessarily need to use it all of the time, or indeed, most of the time. So, most data gets stored away until it needs to be used.
This can create a problem, as data storage can consume a lot of money and resources, and your business might be losing lots of cash and taking up tons of storage space on old data you don’t even need. This is where data archiving comes into play.
What Is Data Archiving?
Many people get confused between data backup and data archiving, with many believing them to be the same thing. They’re not. Data backup is all about making copies of your data to access in emergencies.
Data archiving, however, is about saving time and space on your data storage by archiving old information that you don’t really need or use. There are many different benefits to this process for the typical business, as detailed in the list below.
One of the main benefits of data archiving, and one of the primary reasons why so many companies are investing in data archiving right now is that it can help you save a surprising amount of money on data storage.
As stated earlier, your business could be spending a small fortune on data storage, depending on the amount of data you have, due to the fact that most company data is stored in ways that have relatively high maintenance and operational costs.
When you switch to data archiving, your old information gets moved to much lower-performance media, with far lower operational costs. This lets you keep the data, but cut the costs.
Even though data archiving and data backups are two very different things, they can interact and cross over in certain ways, and there is a clear way in which data archiving can actually make your backups more effective.
When you invest in data archiving, unnecessary old data can be taken out of your backups, making them smaller, easier to store, and easier to access when needed.
So, if your company has some sort of emergency or disaster, you’ll be able to access and load the backups much more quickly and get your company back up and running as efficiently as possible.
It doesn’t matter what sort of business you’re running, what industry you’re operating in, or how big your business is, every business owner needs to think carefully about compliance when it comes to data storage.
There are various laws and programs out there which dictate how data should be stored, used, and managed, especially in regard to consumer safety and protection, and if you don’t keep up with these rules, you could face some serious penalties.
Data archiving can help you keep up with regulatory compliance, ensuring that all necessary information is stored for the appropriate times and kept in accordance with the latest safety standards.
Cybersecurity is another key factor that every modern business owner needs to take into account. After all, there are tens of millions of cyber-attacks happening on a daily basis, with hackers and malicious groups constantly coming up with new ways to hit their targets.
One of the ways in which data archiving can help to protect you against data leaks and hacking attempts is by reducing the amount of data that is in circulation on your systems and networks.
The process of data archiving essentially removes certain files and documents from circulation, reducing the amount of data that could be stolen by hackers or infected with malware.
These are just some of the many ways in which data archiving can give your business a boost in lots of different areas, from cybersecurity to compliance and budget management too. There are many other advantages to be experienced, and any business that wants to improve its data handling should seriously consider an investment in data archiving.