Data is a critical element of any business, and if you haven’t digitized paper files, you should consider doing it soon. Converting all your data into a digital form is highly beneficial. It gives you access to it anywhere in the world, protects it from unforeseen circumstances, and makes your workplace more efficient overall.
As your business grows, so will payroll information, client information, and other sensitive things. You have several options with data storage that include onsite options, cloud services, or even cloud hybrid solutions.
Check out the four essential ways to store your company’s data to see which option works better for your company.
On-premises storage is when you keep data on a server that your company owns and manages. Larger organizations will have dedicated data centers, but smaller businesses might have a closet or shared office space with a few servers. Regardless of the size, the operation is solely the responsibility of the organization. As a result, you’ll need an IT team to organize the information, create a cybersecurity protocol, and maintain the equipment.
An on-premises data center can be too much for some companies to handle. Thus, many businesses often choose to store their information with a data center.
If you don’t want to deal with the hassle of managing servers and the accompanying equipment, you can store your data at an offsite data center. It’ll have a team in place that handles the management of equipment and security, but you’ll still retain control over your information. For instance, you’ll be able to continue uploading and downloading information. However, the costs of using a data center could be more expensive than storing information onsite.
But for some smaller businesses, it might not make sense to spend money on equipment. Cloud storage could be a better option.
Cloud storage can be a great option for any business, and it’s a more economical solution for companies with smaller budgets. It offers other benefits as well. Employees can access information from anywhere, and clouds are also easily scalable, giving you the option of increasing size faster and cheaper than onsite or offsite data centers where you would need to buy additional servers.
If you’re unsure which option your company could benefit from, you can also choose hybrid cloud storage.
Hybrid cloud storage is a mixture of cloud storage and traditional server storage. It thus offers benefits unique to hybrid storage alone. It’s ideal for companies that prefer to keep more sensitive data on their premises. But it can also reduce downtimes if there’s an outage with the cloud service. At the same time, you’ll have strong security.
Which of these four essential ways to store your company’s data works better for your business? You’ll want to consider security, cost, and accessibility.