News Focus
News Focus
Followers 426
Posts 73698
Boards Moderated 2
Alias Born 01/02/2011

Re: Invesism post# 13580

Saturday, 07/23/2011 8:53:49 AM

Saturday, July 23, 2011 8:53:49 AM

Post# of 22594
1MB of Data is worth $10,000

Viewed from a strategic perspective, your data represent the core of your business. You have invested a lot of TIME, MONEY and EFFORT in developing your business data. Contracts, sales records, proposals, accounting records, marketing material, business contacts, emails, and even digital photos taken in important events make up the bulk of your invaluable business assets, which you cannot afford to lose. Studies have shown that :

1MB of data is worth approximately $10,000.
Re-building just 20MB of lost data could cost more than US$17,000 and take nearly three weeks to complete.
A leaked record may cost you US$180 to rectify.
Retrieval of data from a crashed hard drive is often extremely costly, and there is NO GUARANTEE of success!
Data Loss makes your business suffer

Your business data go hand in hand with your business operations. The loss of such data, or even their temporary inaccessibility, may threaten your hard-earned competitive position. Companies without proactive backup and recovery policies are likely to be OUT OF BUSINESS within 2 years of a major disaster.
Loss of business data may ruin your company’s reputation, and may lead to expensive litigation. Worst of all, it interrupts your business continuity.

DISCLAIMER: All posts are based on my opinion & not buy/sell recommendations

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y