7 Reasons You Should Archive Your Company’s Data Now

7 Reasons You Should Archive Your Company's Data Now

There are many reasons to archive data, but mostly it comes down to aligning data preservation with other company goals such as keeping cost structures low and system performance high. While there are a variety of ways to archive older, unused data some are better than others. Solutions offering seamless data access and central policy management which requires no end-user downloads are among the top considerations for most companies.

Here are 7 reasons you should archive your company’s data now.

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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

data-compression-for-gaming-companies

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.