Compressed Data Volumes Mean Higher Efficiency and Lower Costs

How Data Compression Improves Efficiency and Lowers Costs

Your company likely relies on data and has invested tremendous resources gathering as much of it as possible. This information is invaluable to your business, as its analysis gives you the ability to identify trends and patterns to react quickly to changing demands and conditions. Your business intelligence gives you what you need to compete effectively in the marketplace, but it does so at a cost.

Data storage costs often include hardware, software, and the cost of technical support. They also tend to include less obvious costs, such as slow server performance due to poorly structured data and high monthly storage costs from too much unused or old data.

If you want to combat these issues, you need to invest in a data management strategy that compresses your data volumes, offering both higher efficiency and lower costs.

Trends in Increasing Efficiency

You need to be able to quickly access your company data whenever you need it.  Slow systems create big problems, as witnessed by a recent report from the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA) that found high data volumes are slowing down decision-making.

Among other things, their study also showed that among companies surveyed:

  • 72% had at least one strategic initiative fail in the last three years due to delayed decision making
  • 42% reported a lost competitive advantage to competitors who were able to respond more efficiently

This is found across most industries. Luckily, data compression can provide you with the ability to maintain and manage all of your data with no loss of information or downtime, while boosting your network’s ability to access it more quickly. This is because decreasing your average file size improves your ability to transfer information much faster across your organization.

Driving Need for Lower Costs

As your organization continues to collect data, your overall storage costs will continue to rise – especially as regulations and e-discovery needs impose additional requirements for how long it needs to be retained. The cost savings generated through an efficient data volume compression strategy are simple to understand – the more your files are compressed, the more files you can store in your available storage space.

This significant reduction to your database storage allows you to eliminate the need to buy additional hardware, so you can allocate any additional resources to data maintenance and support, thus lowering costs and improving overall productivity.

Finding the Right Data Compression Solution

Your need for increased efficiency and reduced data storage and management costs is a given, but you also need a data storage optimization system that fits your organizational goals and systems. Essentially, you need a data archiving system that provides you with the opportunity to optimize your data storage based on your needs, providing you with analytical tools that collect data usage information so that you can structure your own data compression policies.

This type of solution should enable you to look at your own data and determine how your data storage should be tiered and compressed automatically. A system like this allows you to have a better understanding of your own data usage, while at the same time allowing you to operate at a higher performance level with reduced storage costs.

ShareArchiver is one of these tools. Unlike other file archiving solutions, we combine data compression and replication to drastically improve your data management and access while significantly lowering costs. Call us today to learn more or try our solution free.

3 Ways Data Compression Helps Gaming Companies

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The success of your gaming company’s games rests on many elements: story, visuals and graphics, memorable universes, and immersive experiences are just a few. But what ties all of these together is your ability to deliver the best possible play experience for your customers, and that means minimizing latency.

In addition to this external goal, you also need the ability to keep advancing and be responsive to your players in order to ensure that you are delivering what drives them to keep playing. In short, you need to be able to use your data in the most effective ways.

There are many ways that an effective data compression strategy helps you to accomplish both of those goals. Here are three ways data compression can help your gaming company specifically:

Reduce the Size of Built Assets

The sheer number of elements that each game holds is incredible. In order to accommodate each of these elements, you need an effective method of compressing your gaming data. That includes everything from music to sounds, images, algorithms for game play, and large animation files. Data compression allows you to automate this process so that overall file storage sizes are reduced, as well as display times.

Optimize Network Bandwidth

Network bandwidth is one of the most underappreciated hidden costs in the gaming industry, and data compression is one of the most underutilized methods of minimizing it. Data compression reduces the number of bits needed to store or transmit data, allowing your gaming company to save valuable time and reduce memory utilization, storage space, and most importantly, network bandwidth. Data compression that allows you to closely examine the information coming back so that you can apply automated compression of specifics like floating point data based on your individual needs is even better.

More Effective Data Management

In order to effectively manage your data, you need to be able to use it to drive growth, revenue, and day-to-day decision making. Often, data volumes of gaming companies are high, and the data tends to be unstructured. Characters and player statistics, different releases, responses to each bug that needs fixing, and insights about how players interact with your game all need to be analyzed so that you can learn what makes a game popular and what will drive continued sales and customer loyalty and satisfaction.

An effective data compression system allows you to query this data and share insights with your team in a highly efficient way, without increased costs for data storage.

Data compression is a must-have for modern gaming companies. It comes with so many advantages and cost savings, which result in better player experiences with much reduced latency, faster writing and reading of information, faster file transfers and optimization of bandwidth, less disk space use, and more efficient use of data – all combined with decreased costs for storage hardware.

ShareArchiver’s state-of-the-art technology is tailor-made for gaming companies, offering file archiving and storage management solutions that help you meet and exceed all of your data-driven goals. Contact us today to learn how we can help you, or to get started with a free trial.

Using Compression to Lower Retail Data Volumes and Costs

Your retail business opportunities have shifted dramatically with the introduction of big data, and so has its challenges. There is so much information to be taken advantage of, from price and inventory data to customer credit card numbers, employee records, and competitive analysis. All of this data needs to be readily available, managed, protected, and kept up to date.

The sheer volume of information retailers have to deal with on a daily basis is overwhelming in and of itself, and there are also remarkable cost considerations. Retail data volumes can easily drain both financial and system resources, impacting the productivity of your operations. By using data compression, however, you can lower these retail data volumes and costs.

Why Compress Retail Data?

Compressing retail data not only improves system performance and optimizes data backup times but also significantly reduces data storage and management costs. Increasing data storage efficiency reduces your overall disk consumption for both structured and unstructured data, resulting in a significant impact on your systems’ performance and on actual costs.

Your retail organization’s data storage and accompanying costs will thus diminish although data access actually improves. Even as your databases continue to grow, this ongoing compression of your data significantly reduces the amount of time that operational tasks like backups take, freeing up your resources to run business applications and analytics faster and more efficiently.

What is Data Compression, Anyway?

Data compression is a reduction of data volumes as a way to maximize resources and reduce costs. It is essential in the face of the rapid growth in retail data volumes. An effective database management system de-duplicates and compresses unstructured data, reducing your overall storage footprint while freeing up up time and resources being spent on backups. It essentially improves your network’s bandwidth and memory, providing even greater performance.

Both your day-to-day decision-making processes and long-term planning seek to help your retail organization maximize profits, which relies on your ability to access rapidly-changing information quickly and operate efficiently. Prices of retail products are constantly shifting in response to competition as well as web traffic and other variable market forces, and as a result your database includes years’ worth of internal and external data, as well as historical transaction data.

Your ability to quickly access and analyze this data in a meaningful way comes from having the right data management and storage tools in place. An effective compression strategy that lowers data volumes on top of these tools will save your organization time and money in any number of ways. It eliminates the complexities of extracting, transforming and loading the information that you need, reduces data latency, and allows for faster data utilization by eliminating multiple copies of the same data – all while reducing the costs.

Key Takeaway

The higher your retail data volumes are, the less productive your systems will be. This means that the data you are extracting and trying to interpret will be less current, and therefore less meaningful. Compression cuts processing times dramatically while reducing storage consumption. It simplifies day-to-day operations, reduces workloads, and saves enormous capital expenditures.

It’s time to leverage your information with state-of-the-art data management tools that will unlock the true value of your data while saving you money. Contact us today to learn how.

Why Keeping Data Volumes Low is Important for Construction Companies

Today’s construction companies rely on data in a way that has never been seen in the industry before. Construction equipment and assets are being digitally tracked, business transactions and payroll are automated, projects are being simulated to expose limitations and possibilities, traffic is being analyzed to optimize the routing of supplies, and so much more.

Not only are you generating information on a daily basis, but you’re also relying on outside information collected from other sources. You’re analyzing all of it on the fly in order to ensure that you’re operating efficiently, staying on budget, meeting deadlines, and staying competitive.

Data’s Role in Construction

The ability to collect, share, and analyze data has become critical to construction companies. With so many different players collaborating on each project, efficient data collection and storage makes all the difference in the management of time, materials, and financial assets.

In order to provide your construction company with the most effective way of accessing that data, you need to keep data volumes low while enabling collaboration and streamlined data access to provide better results and increase profits..

The Problem of Unstructured Data

Unfortunately, the data that’s being collected is often siloed by different divisions within your company, making it impossible to collect and use quickly. The tremendous volume of information that’s being collected taxes even the most robust server environments, making your hardware inefficient with unneeded redundancies.

Even if you move to a more integrated system that provides you open access, you still encounter the problem of high latency.

Real-time access to all of the elements of your project, from financial data to documents, 3-D data, and even weather forecasts helps turn your data into actionable insights. What is there was an automated system that could keep your data volumes low and your access to high priority information instantaneous? Oh, and one that could actually save you money on data storage costs?

The Solution

Luckily, there is such a solution. It’s called ShareArchiver, and it offers a range of scalable solutions that will help you accomplish all of your data management goals.

As your business continues to collect more and more data from disparate sources and locations, your data volumes grow. So does your need to put it all together in order to analyze it and use it to your advantage.

Rather than maintaining it all on your primary servers – which increases latency and interruption as well as the risk of loss – employing an automated data management solution offers the opportunity to decentralize your data storage and analytics processes to the cloud or secondary servers.

A state-of-the-art system like ShareArchiver gives you access to both real-time and historical data when you want it, where you want it, sourcing it from a tiered system that analyzes actual usage and keeps high-demand data at the ready and moves low-demand data to secondary storage.

Contact us today to set up a consultation and see how we can help.