Menu
​INSIGHT: Top 3 reasons why back-up data can save money

​INSIGHT: Top 3 reasons why back-up data can save money

Data loss can be a substantial cost for large companies and potentially disastrous for smaller organisations.

Data loss can be a substantial cost for large companies and potentially disastrous for smaller organisations.

Despite the relatively minor costs required to backup data, many organisations still do not have a comprehensive backup regime that could save money, their reputation, and, potentially, the business.

“Losing critical information can affect a business’s bottom line,” says Lincoln Goldsmith, general manager, Acronis Australia and New Zealand.

“Organisations need to protect themselves against losses that could run into the millions by implementing an effective backup framework to secure and retrieve their data.”

Goldsmith has identified three key reasons investing in a comprehensive backup regime can save money for businesses of all sizes:

<b>1. Backup is the only way to fully protect business data</b>

Data loss can impact a business’s top and bottom lines. If it loses customer information, for example, then it can’t make sales and nor can it invoice customers.

A backup system is the only data protection process where the copy of data is separated from the production systems, and is stored independently of the business source. Such a system can protect a company against data loss.

<b>2. No disaster recovery plan works without backup</b>

Read more: Druva picks Exclusive Networks A/NZ as it's distribution partner

Reliable cash flow depends on business continuity, which in turn relies on critical and non-critical data being readily available.

As such, disaster recovery is a vital part of business continuity and should be a central pillar of a business’s strategic planning. Disaster recovery will not work properly without an appropriate backup plan.

<b>3. Backup is a requirement to maintain compliance status</b>

Most regulatory compliance requirements dictate that organisations must protect and secure their data. With a comprehensive backup regime, companies can avoid big fines incurred by information security compliance breaches, as well as avoiding the data loss itself.

“Backup and disaster recovery planning, implementation, and regular testing are essential for business survival,” Goldsmith adds.

“Most businesses run on data and backup is the only way to protect it. Without reliable backup measures, businesses can be brought down due to data losses and the inability to continue operating after a disaster.”


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Acronisdata recovery

Brand Post

Featured

Slideshows

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

The leading female front runners of the New Zealand ICT industry joined together for the annual Reseller News Women in ICT Awards event at the Hilton in Auckland, during which hundreds of guests celebrated 13 outstanding individuals who won awards, chosen from more than 50 finalists representing over 30 organisations.

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards
Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

More than 500 channel leaders gathered in Auckland on 21 October at the ​Reseller News Innovation Awards ​2020 to celebrate the achievements of the New Zealand technology industry's top partners, start-ups, vendors, distributors and individuals.

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners
Show Comments