Data Retention and Compliance Problems: ArchivePlus is the Solution
Industry analysts have continually stressed on the need for data retention in enterprise databases. The size of the databases is estimated to be growing at the rate of 125% annually. On an average, about 80% of the data in various enterprise databases is estimated to be redundant or not used for real-time purposes, which makes it ready for database archiving purposes.
The current rate of data growth has been astounding and the latest compliance measures cited by the government have made it mandatory for all organizations to retain much of their company data for inspection. These regulations were mostly proposed and enacted by the government in the light of several recent corporate accounting scandals. These laws state the procedures and rules to be implemented by various organizations for handling their business-critical data. The US government actually wants the companies to retain their corporate information for a specific period, especially for some years. Out of all the regulations, the most critical and important part happens to be periods specified for data retention.
According to an analyst firm, based in Milford, Massachusetts, named Enterprise Strategy Group Inc., the archive capacity in the private sector alone will hit a staggering 27,000 petabytes by 2010. Even analysts at ByteandSwitch.com maintain that it is difficult to manage backup and data recovery as the volume of data is doubling every year, forcing enterprises to eke out extra cash to load additional hardware and database software licenses.
The Sarbanes-Oxley Act, HIPAA and BASEL II are some of the laws and regulations related to data retention. It has been estimated that there are over 150 federal and state laws which elaborate extensively on the subject of data retention in the US. Today, the retention period is basically determined by the government itself. The data retention period which ranged from five to seven years are now crossing the barriers of 20 to 70 years.
Database Archiving is a widely-used process of plucking out selected records from operational databases which are not to be used quite often. The archived data is then stored in a non-erasable format like XML files where they can be searched and retrieved if needed.
ArchivePlus is a comprehensive database archive & purge solution created by Indusa Technical Corp. to boost enterprise database performance in a variety of ways. The database archiving solution is said to be built to address the most critical problems encountered due to data growth. Additionally, it solves the endless list of compliance requirements with its archiving and purging technology by promoting more retention of data.
ArchivePlus successfully helps in transferring redundant data from live production databases to database archives. With the process of the data conversion to XML format, ArchivePlus helps in maintaining the integrity and accessibility of information in those archives. For more details of the same, log on to www.archive-plus.com and www.indusa.com.
The current rate of data growth has been astounding and the latest compliance measures cited by the government have made it mandatory for all organizations to retain much of their company data for inspection. These regulations were mostly proposed and enacted by the government in the light of several recent corporate accounting scandals. These laws state the procedures and rules to be implemented by various organizations for handling their business-critical data. The US government actually wants the companies to retain their corporate information for a specific period, especially for some years. Out of all the regulations, the most critical and important part happens to be periods specified for data retention.
According to an analyst firm, based in Milford, Massachusetts, named Enterprise Strategy Group Inc., the archive capacity in the private sector alone will hit a staggering 27,000 petabytes by 2010. Even analysts at ByteandSwitch.com maintain that it is difficult to manage backup and data recovery as the volume of data is doubling every year, forcing enterprises to eke out extra cash to load additional hardware and database software licenses.
The Sarbanes-Oxley Act, HIPAA and BASEL II are some of the laws and regulations related to data retention. It has been estimated that there are over 150 federal and state laws which elaborate extensively on the subject of data retention in the US. Today, the retention period is basically determined by the government itself. The data retention period which ranged from five to seven years are now crossing the barriers of 20 to 70 years.
Database Archiving is a widely-used process of plucking out selected records from operational databases which are not to be used quite often. The archived data is then stored in a non-erasable format like XML files where they can be searched and retrieved if needed.
ArchivePlus is a comprehensive database archive & purge solution created by Indusa Technical Corp. to boost enterprise database performance in a variety of ways. The database archiving solution is said to be built to address the most critical problems encountered due to data growth. Additionally, it solves the endless list of compliance requirements with its archiving and purging technology by promoting more retention of data.
ArchivePlus successfully helps in transferring redundant data from live production databases to database archives. With the process of the data conversion to XML format, ArchivePlus helps in maintaining the integrity and accessibility of information in those archives. For more details of the same, log on to www.archive-plus.com and www.indusa.com.
Labels: Data Archiving, Data Retention, Database Archiving Solution
posted by INDUSA Technical Corp. @ 2:43 PM
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