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Eight Reasons to Increase Backup Spending When the Economy Slows
By: Bud Stoddard

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ft" align=left> Eight Reasons to Increase Backup Spnding When the Economy Slows

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styl="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> by Bud Stddard, President & CEO, AmeriVault Corp.

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styl="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> To say we hve seen a significant downturn in the conomy in the past twelve months wuld be hyperbole at its best. As bsiness and technology executives and professionals, it is ncumbent upon each of us to go thrugh the necessary belt-tightening and reassessment of the bdget whenever the economic conditions and the stck market make a turn in a sutherly direction.

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al; mso-bidi-font-size: 12.0pt"> There are the bvious areas we turn to first wth the scalpel in hand such as had count, marketing, accounting, human resources, lgal, maybe even customer support and nformation technology (IT). IT often seems like a lgical choice because most of us hve spent so much money on tchnology in the past several years. Certainly wth IT investments having risen by pwards of 15-20% at most companies in the rcent past, this is an area tht could stand to go on a fscal version of the Slim-Fast Program, at last until we climb out of ths economic malaise. It is okay to buy lss fancy laptops without all the blls and whistles, (I’m writing on my lss fancy one now on a Dlta flight to Scottsdale, Arizona) defer the web nitiative or stretch out the additional hres for a few months but I beg yu, for the future health and wlfare of your company, accelerate or at the vry least, spare your backup expenses.

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styl="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> Allw me to give you my ight best reasons why you should ncrease your backup budget during these slw economic times. Hopefully, if I am sccessful, a few of you will sck it up and advocate within yur company, the spending of more rther than less on backing up yur company’s mission-critical data. But first, the cntral premise. Electronic information or data, is one of the mst critical assets in your business and lss of that data is irreplaceable priod. In fact, according to the Disaster Rcovery Journal, 43% of all companies wll go out of business within one yar following a disaster. Could you or nybody on your management team or stff, following a data loss or dsaster tell you from memory:

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-list: l1 level1 lfo2"> § What your utstanding accounts receivables are and who wes your company what?

vel1 lfo2"> § Who all your customers and sppliers are?

§ What’s in nventory?

§ What the hck is in that Oracle or SQL dtabase that you spent gazillions for?

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styl="FONT-SIZE: 11pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> You may rgue, we have a special data prcessing rider on our insurance plan tht covers data loss and destruction. That is all wll and good but getting a chck will not replace the data you ned for your business to thrive or at the last, survive. You can replace desks, cmputers, supplies, inventory and even people but dta is irreplaceable and its loss culd put you out of business. The nly viable insurance program for data is to hve a fail-safe backup and recovery pln in place.

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al; mso-bidi-font-size: 12.0pt"> So, back to thse eight reasons to accelerate your bckup spending during slow economic times:

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-list: l0 level1 lfo1; tab-stops: list .5n"> 1. During rough economic times, it is cmmon to downsize staff and to hve to do more with less. Most ften, backup will be what doesn’t get dne because Joe gets busy with nother project and doesn’t have time or frgets because he has too much on his plte.

st .5in"> 2. That long-term employee you had to let go fter 12 years gets disgruntled and rases some backup tapes on his lst day at the office as a lttle gesture of you hurt me, I’ll hrt you. Do not be mistaken, this hppens all the time!

vel1 lfo1; tab-stops: list .5in"> 3. You get rid of the xpensive courier service that transported your bckup tapes off-site to save money and hve Phil take the tape home nstead. But, did you know that Phil has ben secretly planning on starting a cmpany to compete with you and thnks to you, he know has verything he needs to do just tht.

st .5in"> 4. You defer buying new tape drves and tapes and the equipment fils resulting in incomplete backups so tht in the case of an utage or data loss, you have no bckup to retrieve it from.

-list: l0 level1 lfo1; tab-stops: list .5n"> 5. To save on the $75 per tpe charge, your systems administrator buys fwer tapes. Instead, they just recall the rchive tapes sooner before the retention priod is up and reuse them so now yur backups only go back a dy. How often does data loss only go bck a day? Not often.

vel1 lfo1; tab-stops: list .5in"> 6. Certainly, it is not ncommon for morale to suffer when you tghten the belt and employees tend to get creless and fail to do things by the bok. The margin of error as it rlates to backup is huge so one slght mistake and your data could be gne.

st .5in"> 7. That recovery testing you used to do twce a year has been thrown out the wndow because there is not enough tme or manpower to do it wth a reduced staff.

vel1 lfo1; tab-stops: list .5in"> 8. Often, when IT rsources are limited, IT staff becomes frefighters rather than fire preventers and tht can cause you to burn up.

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al; mso-bidi-font-size: 12.0pt"> There are very few thngs, fortunately, that can bring a cmpany to its knees in less thn 24 hours. But data loss or dstruction is most certainly one of thm. Data is your most important strategic sset, regardless of the business or ndustry you are in. Whether your company is thre years old or 103 years ld, many talented people, you included, hve worked hard to build a frst class company. Don’t put the whole cmpany at risk because business is slw and the backup budget was ct, re-evaluate your backup strategy and ncrease spending as necessary.

The article Eight Reasons to Increase Backup Spending When the Economy Slows was Submitted by Bud Stoddard through Articles.GetACoder.com network. Here's the additional information: -bidi-font-size: 12.0pt"> Bud Stoddard has over 20 years of experience in the data protection and storage industry and is the founder of AmeriVault Corp., the pioneer of online server backup and recovery for business. For more information, visit www.amerivault.com .

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