In order to increase the data security, a legal firm in the UK has switched over from tape drives to online backup. This helped them make total savings of around 2%. The cost to install new system and run it is 7% less as compared to the tape-based system.
Many small and medium-sized companies are shifting to online backup services. The demand for online data backup services has enabled service providers to achieve an annual growth of up to 50%.
Companies are attracted by the service level agreements which guarantee them that data will be automatically backed up. This is coupled with the fact that the cost of online storage solutions is decreasing.
The new backup system enables a firm to create daily backups of their business and critical data. They are charged a fixed monthly cost which also includes support services.
The online data backup service is a combination of client and server software. The costs that are associated with tape-based storage systems and media maintenance is also lowered.
The online data backup service provides faster backups, faster retrieval of data, continuous backups instead of daily e-mail backup, no data corruption and greater reliability, and has a fixed monthly fee.
The software helps to eliminate duplicate files, encrypts data, and compresses the files before being sent to the server.