How enterprises can benefit from archiving in the cloud

Most businesses have information they need to keep for compliance and other reasons. Traditionally this has been in the form of paper archives, but the availability of low-cost cloud storage offers an attractive alternative.

Data management company Solix Technologies has produced an infographic looking at the advantages of cloud archiving.

It reckons that for 1.6 terabytes of data -- around five million sheets of paper -- there are substantial savings in production and archiving costs, with a figure of less than $1,000 a year for cloud storage compared to $140,000 or more for paper.

There are also benefits in convenience and ease of access to stored data. Also 65 percent of people see password protected documents of secure compared to only 45 percent for papers locked in a filing cabinet.

You can see the full infographic below.

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