Tight Budgets Could Mean Data Loss for Businesses

It is nothing new that data loss causes anxiety, fear, and uneasiness. This rule applies to possibly every business. It has become even more of a challenge to keep your critical data safe and sound today. Companies have started accepting disaster recovery solutions as a panacea to these problems. However, a wide range of small businesses is still oblivious to this fact. As a consequence, they lose their proprietary information almost in quick succession.

Though there are multitudes of factors that contribute to data loss, hard drive failures are the ones that account for a major percentage of such catastrophes. The proper functioning of hardware is a critical aspect of data loss prevention. HDDs and SSDs do have a lifetime and thus, the ability to retain information for some considerable length of time. But when this period expires, you are very likely to face the peril. These concerns set forth the need to upgrade storage infrastructure and that too quite conventionally.

The success of a business depends on the right hardware that fits your needs. Many organizations question this fact as there are other alternatives available to extend the life of your data centre assets. The cost of a hardware refresh is another determinant that limits the number of choices in hand, especially for small and mid-sized businesses.

As the new technology drives on the market are expensive, these organizations decide to stick to their old hardware due to lack of financial capital. The recent hike in prices of both SSDs and external drives in India is inevitably a pain in the neck for many enterprises and consumers. This is an outcome of a cent percent increase on the customs duties levied on imported drives. This change is already in effect. Another consideration is ‘return on investment’. Organizations tend to compare the ‘return on investment’ value with the bucks that would be spent to make new purchases. If there is a huge margin between the two, they do not bother to take the risk.

The data centre administrators need to realize when the right time to buy new storage hardware is. Many a time, it is difficult to fix poor-performing hardware. Dealing with old hardware involves huge risks, compromising both reliability and performance. A hardware upgrade is undoubtedly the best bet to protect your business against major data loss. Failed hard drives and other storage media can be handed over to data recovery service providers. But, this would only incur additional costs.