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Volume 32, Issue 3

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Thursday, 22 November 2007 00:02

Time Is Money When Recovering Lost Data

Written by  Frank J. Real

Time is of the essence when recovering your company’s lost data. While you are impatiently waiting for your IT department to recover your data, your customers may be contacting other vendors. Just-in-time manufacturing and the global digitalization of information have put a premium on timely services, and consequentially, a premium on rapid access to digital data. Rapid access to data is a distinct competitive advantage in this marketplace. Gone are the days when a business could wait for days while their data is found, or worse, reentered into their computers. According to a Needham & Company investment analysis, a common benchmark among IT managers is that one cent of data backup is worth $2,500 of data re-entry. Data loss can result from a wide variety of causes, including human error, equipment failure, database corruption, hacking, computer viruses, and various other external disasters. According to a recent study by Internet security firm