The Value Of Data

While much has been written about the cost of downtime, IT and business professionals find little useful guidance on how to compute the value of their data, or more correctly, to determine the financial impact of data loss. And yet data loss remains a significant risk to organizations. A better understanding of data value and the impact of data loss will guide better decision making when selecting data protection solutions. The goal of this article is to help organizations estimate how much money they will lose if they lose data. The article outlines the major components of data value and…