The Need for Data Storage

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Small businesses lose billions of dollars each year due to data loss from hardware or system failure, human error, and software corruption. Natural disasters account for 1% of all data loss. Although the probability is small, the impact can be overwhelming. In fact, companies that aren't able to resume operations within 10 days of a disaster are not likely to survive.

In today's increasingly wired business world, the only way to recover from data loss due to a natural disaster is to store backup data in a physically separate location. There are companies that specialize in preserving documents on tapes and discs that are stored within other structures. Although they, too, are susceptible to natural disasters, these companies have helped to save numerous businesses where the damage has only been internal.

Another option that has been gaining attention recently is storing files remotely. Although offsite data storage was once only available to large companies due to cost considerations, there are now several firms specializing in offering offsite data storage to small businesses. Such systems offer their clients the opportunity to store, archive, and even authenticate their data over a remote network for less than $100 so that important files can be accessible even if the office is not.



Beyond the cataclysmic events that are covered literally 24 hours a day on the cable news networks, there are circumstances that can be equally damaging to a small business without ever making the front page of the local paper. What if the gardener pulling out the weeds hits a main pipe for the sprinkler system and floods the basement of your building, where your documents are stored? What if a disgruntled employee gets overly enthusiastic with the "delete" key before packing his or her bags? Implementing a data archiving strategy to prepare for once-in-a-lifetime natural disasters also prepares your company for these smaller-scale but equally damaging human errors to ensure that your small business runs smoothly, no matter what comes your way.

About the Author:

Richard currently serves as the chief of operations for Casdex, Inc., using his exceptional leadership skills to engage employees who consistently exceed customer expectations for quality, service, and product development. He also supervises the financial and operational activities at StorDex, a privately held company that focuses on document indexing and natural language processing.

As chief of operations, Richard Daley has brought Casdex, Inc., not only a wealth of business experience but also a keen understanding of the emerging challenges and opportunities in the technology space. He has sharpened the company's focus on innovation and efficiency, cementing Casdex's position at the leading edge of the industry.

Prior to joining Casdex, Richard worked at Sunrise Senior Living, one of the largest senior living providers in the U.S., where he successfully negotiated the refinancing of $60 million worth of senior living properties and helped to raise $200 million in debt financing. He also handled contract compliance and owner relations issues for several of the company's owners, including its largest investor, who held properties valued at more than $1 billion.

Beginning his career as a manager at the University of Southern California's technical support call center, Richard handled tasks ranging from overseeing all day-to-day operations to handling complex staffing and training issues. He later served as project manager at X:Drive, an online-storage and file-sharing company, where he spearheaded detailed modifications of large-scale Java applications.

Richard is a graduate of the University of Southern California and holds an MBA from Vanderbilt University with concentrations in finance and operations.
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