Monday, 13 February 2012 10:16

Understanding the Costs of Data

Written by  Shael Risman

If you've been using computers for a while, then there has probably been at least one point in your life that you've lost data. Maybe it was something you were working on when your computer crashed, or maybe a disk failure wiped out some data. Does this bring back memories of frustration and angst?

It's very time consuming and expensive to replace lost data in a work environment. Even a small amount of data loss can mean huge problems for businesses. For example, sales leads, prospects, and client data are extremely difficult to replace. On average, it takes 19 days and costs $17,000 to retype 20 megabytes of sales data. With numbers like that, you're looking at hundreds of thousands of dollars per gig of lost data, not to mention the time it would take to manually restore it.

When a hard drive fails, there is a small chance it can be recovered by a complicated forensic procedure that is time consuming and expensive. The larger the capacity of your hard drive and the more data on it, the more expensive the recovery process is. Depending on the problem with your hard drive, it's possible only partial data can be recovered, so you would be paying a lot of money out of pocket and gambling whether what you get back is of any value.

Don't gamble your company data. It's the difference between running your business normally tomorrow or needing to scramble for the next several weeks without data, trying to recover and rebuild what you can. It's the difference between profit and loss. Business owners need to lose sleep over whether or not their data is backed up properly.

Fortunately, data backup can become so automated that you don't need to worry about it, and so easy to test that you can sleep well at night when you do worry about it. Give PACE Technical Services a call today at 905.763.7896 to discuss how to implement a disaster recovery solution.

Shael Risman

Shael Risman

Shael is behind PACE’s reputation for professionalism and reliability. Shael oversees PACE’s operations. He created and maintains a structure and procedures that ensure the highest level of accuracy and efficiency. He focuses on client communications, and is dedicated to one-on-one relationships with PACE’s CompleteCare IT client base.

In 2004, Shael partnered with Michael Sugrue. He brings to PACE over 20 years of experience in business administration and operations. His previous roles included senior producer for a New York-based marketing company and director of regional operations for a national chain of music stores. A very active member of the international Managed Service Provider Community, Shael has been recognized several times on MSPMentor's Top 250 , identifying the world’s top managed services experts, entrepreneurs and executives.

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