LACK OF DATA BACKUP SENDS BUSINESSES IN FINANCIAL SPIN
September 20, 2006 (PRLEAP.COM) Business NewsSt. Louis, Mo – Businesses without proper data management or backup systems could quickly spiral towards financial instability, warns Easy Data Access.
According to the document management developer, organizations are not taking the ‘must-have’ approach to implementing disaster recovery plans that include document management systems to safely organize, secure and archive data files. In a recent survey by The National Archives and Records Administration (NARA), it was found that 50% of businesses that lost data from a disaster and didn’t have a data management plan filed for bankruptcy right away. In addition, 93% of companies that lost their data for 10 days went bankrupt within a year.
“Fast recovery from any type of data disaster is essential for every business, yet companies are taking a ‘wait and see’ approach to implementing a strategic plan,” says Ketul Patel, President and CTO of Easy Data Access. “In the past, document management software was seen as strictly an online filing system. Today, this technology offers unique, business tools that play a critical part in the efficiency and productivity of a company. Only with document management software as part of a disaster recovery plan will companies be properly prepared in times of need.”
Document management software offers a structured approach to accessing, organizing, and securing files within one-centralized, user-friendly system. Docsvault™ goes beyond traditional document management programs to offer unique features that protect private information through encryption security, deliver one-click data backup for file retention and archiving, and custom profiling capabilities. For more information, please visit www.docsvault.com.
About Easy Data Access
Easy Data Access (EDA), part of the Sansun group of companies, is an emerging software development firm that fulfills distinct niches within the data management area by providing high quality software and services at an affordable price. Headquartered in St Louis, MO, EDA also has a sales office in Hong Kong with R&D facilities in India. For more information, please visit www.docsvault.com/company.html.