Business Survival

The Importance of Data Retention in Today’s Digital Age In today’s digital age, data is the lifeblood of any business. With the exponential growth of data, companies are facing an unprecedented challenge in managing and storing their data. According to a report by IDC, the global datasphere is expected to grow from 33 zettabytes in 2018 to 175 zettabytes by 2025, representing a compound annual growth rate (CAGR) of 61% [1]. This staggering amount of data requires robust data retention strategies to ensure business continuity, compliance, and competitiveness. ...

Introduction In today’s digital age, businesses rely heavily on technology to operate efficiently. However, with the increasing dependence on technology comes the risk of IT disasters, which can have devastating consequences on business operations. According to a study by Gartner, the average cost of IT downtime is around $5,600 per minute, which translates to over $300,000 per hour. This statistic highlights the importance of having a solid disaster recovery plan in place to minimize losses and ensure business continuity. In this blog post, we will explore the importance of disaster recovery planning and the lessons learned from failure. ...