Rethinking Data Retention: Exploring Alternative Solutions
Introduction In today’s digital age, data retention has become a critical aspect of organizational operations. The need to store and manage vast amounts of data has led to significant investments in data storage infrastructure. However, traditional data retention methods are often plagued by inefficiencies, security concerns, and burgeoning costs. According to a study by Gartner, the average organization spends around 3% of its annual budget on data storage, which translates to approximately $1.2 million for a company with a $40 million annual revenue. ...