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| Source: avendata.com |
Companies are now living through an era of data explosion due to recent developments in the business landscape. This has made it difficult for businesses to manage and maintain a variety of systems that regularly provide various types of data. The requirement to manage unstructured data is seen as a challenge by 95% of enterprises.
Working in a volumetric data environment has the additional drawback of taking a long time to back up and restore data. Additionally, the databases keep growing as new features and updated versions are added. For this reason, businesses are implementing data archiving strategies.
Data archiving assists businesses in meeting compliance standards, retaining historical data, backing up and restoring resources, securing them, and so on. AvenData, as a data-focused firm, provides Data Archival solutions that assist organisations in developing a solid data backup and security plan. Our technology greatly simplifies data management responsibilities while lowering costs and streamlining compliance.
We want to address the fundamentals of data archival, the issues it entails, and the solutions that can help you overcome them in this post.
Advantages of Data Archiving
The fundamental benefit of data archiving is that it ensures that production systems utilise less resources, perform more effectively, and save money on storage. More specifically, the benefits are as follows:
Increased Storage Capacity - Because archived files are significantly smaller than original files, more space is available to store more data. Because the copies of these files are smaller, restoring them takes significantly less time.
Easier and quicker backup - Archiving data allows for faster backup and recovery. Because it simplifies the backup procedure and saves time backing up inactive data.
Increased Security - Archiving removes data and avoids the need for unneeded file restoration, minimising the likelihood of cyberattacks or data breaches. It prohibits any data alteration, hence protecting data loss.
Cost savings - Archived data is stored on lower performance, larger capacity media. As a result, less maintenance and operating expenditures are required, as is less time spent on backup, updates, and database tuning.
Savings on investments in office intranets and other costly infrastructure can be realised by using a virtual data archiving solution. A scalable, cost-effective cloud data archiving solution enables pay-as-you-go growth, especially in data-intensive sectors.
Productivity gains - Organizations must spend less time managing software and equipment for onsite backup storage.
Improved regulatory compliance - Regardless of your sector or vertical, best practises for data archiving guarantee that your business remains in compliance with applicable rules and the law.
Data Archiving Challenges and Solutions
Managing and making sense of data has its own set of issues. When an organisation seeks to improve its data management, it must search for a data archiving solution that addresses the following issues.
Data volume is increasing.
As an organization's generation of operational data increases, it becomes more challenging to keep track of all the data sources, manage their storage, and finally utilise it. Data archiving makes it easy to expand and handle large amounts of data without wasting administrative time.
Legal Compliance
Regulations for compliance are continually growing and getting more strict. Companies that use data archiving techniques can simply comply with a wide range of laws. This saves administrators a substantial amount of time when doing legal inquiries and compliance reporting. They may remain up to speed on updates and evaluate data to discover any changes in needs.
Data Safety
Data stored in archives must be safeguarded against loss, corruption, breaches, and theft. Data archiving systems transfer data to a safe place, allowing for long-term retention and storage. It provides secure areas for storing critical information and retrieving it as needed.
Accessibility
A variety of users inside the organisations may require access to the preserved data. Organizations can use the data archiving solution to provide access depending on role. As a result, teams could readily explore and use the data without the need for IT help.
Budget Increase
69% of the data stored has no business value. According to the calculation, firms are probably spending more money on data storage than is necessary. Particularly for businesses dealing with unstructured data, which is often text-heavy and not organised in any set manner.
Data archiving lowers storage costs by preserving just necessary data and discarding those that are no longer required. This implies less main data to backup, as well as reduced hardware, software, energy, and data centre expenditures.
AvenData can help you plan your data archival strategy.
The AvenData team assists businesses of all sizes in selecting the best data archiving strategy based on their business and IT requirements.
To learn more, please contact us.
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