"When data loss occurs, a company can quickly lose large amounts of irreplaceable information, which if never recovered, can ruin a business," said Scott Gaidano, president of DriveSavers Data Recovery. "We want to help businesses keep running smoothly when their backup systems fail. Our program is designed to minimize downtime for companies when critical data loss occurs and prevent substantial financial, legal and productivity costs associated with lost data."

The cost of lost data

Data in any business is its most important asset, therefore the cost of lost data can be staggering. A 2003 study by Strategic Resources Corporation estimated that an average hourly cost to recreate data is about $50,000, but the cost can range as high as $2 million for some e-commerce sites. Another study in 2003 from Pepperdine University estimated that data lost costs U.S. companies $18.2 billion dollars per year. The cost of lost data includes costs related to technical services for repair, lost productivity and the value of the actual data lost.

"DriveSavers has successfully recovered business critical data for our enterprise customers for many years," said Dave Borgese, key account executive at CompuCom Systems, Inc. "We can count on DriveSavers to provide our customers with technically advanced data recovery services, exceptional customer service and quick recovery turnarounds. In addition, their secure network environment gives our customers peace of mind that their data is safe during the recovery."

CIOL Bureau