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Stopping a data tape before it walks out the door… priceless!

Dec 01, 2013 |
1 min Read
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This summer we were challenged by a Fortune 100 company that uses tapes to back up customer data.  They needed a quick, cost-effective method for locating tapes as well as provide some assurance that tapes stayed in the data center… where they belong.   According to their estimates, an event as simple as a single misplaced data tape would cost well over $100,000.   Some at the company argue protecting the data tapes is actually priceless as the lost data is essentially unreplaceable.

While online backups, SAN replication, and affordability of backup-to-disk options are reducing the volumes of tapes purchased each year the reality is tapes are here to stay for many years to come and the regulations surrounding proper handling of data (especially as it relates to healthcare and financial data such as HIPAA & SOX) found at most midsized to large companies is enormous.   Before we move on, a couple key stats:

The cost of missing equipment and data…

  • -  A data tape can easily contain 5 million customer records per tape
  • -  A recent survey of 301 IT decision maker’s states that 42% state it could take a day or longer to find a server that had gone down
  • -  The cost to a corporation for just the remediation effort on a lost customer record falls between $72 and $193 per record…

https://www.youtube.com/watch?v=xMNKbmID0Oo

By leveraging our Asset Vue Tracker Solution Suite, we were able to configure the desired solution and implement in multiple sites across the county extremely quickly, exceeding both their functionality and timing requirements.

To learn more about the Asset Vue Solutions, contact us here!

Sean Cotter is President of Asset Vue, bringing 27 years of experience in IT leadership, business development, and entrepreneurship. He leads the company’s strategic direction and team, helping organizations simplify inventory management through RFID and barcode technology, automated data capture, and asset lifecycle tracking.

Sean’s expertise spans RFID and automatic identification technologies, process optimization, data center infrastructure management, and environmental monitoring. Before Asset Vue, he founded and grew an outsourced IT business and later served as Director of IT and CIO at the DVL Group. He has also taught Operations Management as an Adjunct Professor at West Chester University and holds a master’s degree in business from Saint Joseph’s University’s Haub School of Business.

His writing draws on this operational and technology experience to explore practical approaches to asset visibility, inventory accuracy, and more efficient IT asset management.

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