Replies to post #13580 on Curtis Mathes Corp (CMCZ)

[-Awaken-]

"Profitability" key word. Make sure you tune in for the next financials. We were already profitable in our first filings... most pinks are drowned in debt with no assets. We are producing REVENUE!

You may wanna learn a little about this over the weekend... there are many advantages to clouds like ours... most important one is COST imo... in this economy its all about the $$$:

http://en.wikipedia.org/wiki/Cloud_computing

www.bcs-data.com

[-Awaken-]

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.

[-Awaken-]

Conventional Backup Methods are not Good Enough

Unstructured conventional backup methodologies, such as tape, CD Rom, and external hard drives are not good enough because of :

High failure rates during restoration
Critical backup failures will not be detected until restoration is attempted
High cost of maintenance and licensing is prohibitive
Data is not encrypted
Fixed capacity per unit makes backup job less flexible
Susceptible to physical and mechanical damages
Could be easily stolen or misplaced


The Cost of Lost Data - The importance of investing in that “ounce of prevention” 2003, David M. Smith, Ph.D
Source: Recent study from Ontrack
Data Breach Study,Oct. 2005 Ponemon Institute
Study by the National Archives and Records Administration