When disasters -- either natural or manmade -- occur, small businesses are the ones that bear the brunt the most. One primary reason for that is the lack of an effective data backup strategy. It is hard to convince folks who own small businesses about the need to invest in data backup mechanisms.
Business data is crucial and any loss in this regard will lead to your business suffering considerably in terms of loss of revenue. In addition, as survey reports have pointed out nearly 60 percent of companies that experience a data loss owing to a major incident are likely to go out of business within a period as short as 5 years.
So if you need a little more inspiration to invest in a data backup strategy, then perhaps the following success stories of firms making big savings on their operational costs thanks to investments in data backup should prove to be helpful:
Blank Rome
The law firm managed to save millions of dollars thanks to its decision to go for a data backup solution. As a result Blank Rome reported nearly 40 percent increase in storage capacity with 60 per cent reduction in storage footprint. Besides the firm was able to cut costs significantly because they achieved 99 per cent deduplication rates along with an application recovery time reduction of close to 85 per cent.
Westinghouse Lighting
Westinghouse Lighting is a leading manufacturer of lighting equipment and very recently went for a data backup service. After a small time frame of usage, Westinghouse Lighting has reported significant savings of more than $50 000 in terms of cost it would have had to bear if they used in house backup appliances. With regards to time, the firm has reported nearly a 45% per cent improvement in backup time management as well.
Euronet Worldwide Inc
A leading provider of secure electronic payment services, Euronet has reported 50 per cent faster backup efficiency after it decided to deploy a Copy Data Storage Platform to back up their data. Massive losses were avoided in the context that had a disaster occurred, most of the nearly millions of customers using Euronet’s service would have been affected.
Berger Schatz
The law firm moved from normal tape backup to the cloud they have hence reported close to 65 percent reduction in backup costs and not to mention considerable improvements in backup time management as well. They reported quicker responses in the event of a recovery operation.
Sawyer Real Estate
When their offices were destroyed by the fury of Hurricane Katrina way back in 2005, Sawyer Real Estate relied purely backup solution & Data Recovery to fully restore their operations in a fraction of a time taken by others that were affected by the deadly storm.
There are quite a good number of other business as well that have escaped from the hands of a data disaster only because they choose an effective data backup strategy beforehand.
If you are a business owner, then are these success stories not inspiring enough for you to start thinking about backing up your data?