Data backups are essential for most of the businesses today and for many reasons. Most of the time, a problem occurs leading to collapse of the system in place, and to get things up and running quickly, there is the need to fall on backup data within minutes. Many businesses have to grapple with situations like virus and malware attack, natural disasters such as fire, earthquakes, storms, floods, theft and other physical damage to their computers and storage devices.
There will be only one reason for doing business that is to make profit. Any organization that deliberately does not need to make profit ceases to be a business. A thriving business is the one maximizing profit through minimizing cost. The one of the simple way of making profit is by cutting down the cost and increasing revenue. One cost a modern business incurs is that of backing up its data.