Why is the Data Recovery Industry Booming?


Autor: jameswalsh

We find such occurrences strange, but for recovery experts it is a part of their day’s work. They are accustomed to recovering data from wine soaked hard drives or from disks crushed under the wheels of vehicles.

Recovering data from such damaged hard disks requires much patience and an eye for minute detail. This field of data recovery can be described as both, a science and an art. Data recovery professionals are a motivated lot too, for they enjoy high success rates. (Success rates are high, for the complete destruction of data is extremely rare. In majority of the cases, data lies on the hard drive and would have merely turned inaccessible.) A career in this industry is financially rewarding and interestingly promising. Would you like to belong to work here, your services would be highly sought after?

Data Recovery as a Career

The nature of this profession demands certain characteristic traits. You would have to be patient and hard working. Companies require data within hours of losing it (for their very survival depends upon its availability.) To recover their lost data you might have to work for extra hours or over the weekends too, if the need arises.

You can expect much career growth for the future of data recovery industry seems promising. With the increase in digitalisation of company records, data recovery has become a billion-dollar industry.

Data Recovery Industry is on a Path of Rapid Growth

Two simple factors are driving the demand for data recovery and are responsible for its growth. These are:

Data is stored on the hard disks, which are prone to failure

Data is very important for business and individuals

We are increasingly depending on computers. This can be proved by the simple fact that, globally more than a billion computers are being used. It is rare to come across offices that have not yet digitalised. 9 out of 10 offices rely on computers for carrying out their business. Globally, petabytes of information is being generated and more than 75% of it is not backed by a hard copy version.

The generated information has to be stored on hard disks, which are prone to failure. Ideally, a hard disk has to last for at least 10 years. However, they are extremely unpredictable. Life of any data is short for even computers are extremely volatile. Apart from hard disk failure, PCs can be affected by many other factors that might result in data loss.

As data is prone to loss and business survival depends on its existence, companies seek data retrieval expertise to recover lost data. This is driving up the demand for data recovery service providers. The rising demand and increasing profitability of this line have attracted many players to the market turning it a highly competitive venture.

Hard work is required to develop the business, for competition is rife and the hard disks are changing at a rapid rate. The changing nature of hard disks is necessitating a subsequent change in the tools used. Companies are finding it difficult to evolve tools to keep pace with the rapid technological changes. Producing tools requires much research and development (R&D) which is an expensive process. Majority of the companies are, therefore, shifting to logical recovery for the low investment it requires.

Future of the Data Recovery Industry

Currently, there are a few major global data recovery companies. Success of a company lies in tying up with smaller businesses. As smaller companies are concentrating on logical recovery, they outsource the physical data recovery work to the larger companies.

Rapid globalisation is also necessary for company development. When mission critical data is lost, companies like to get their data retrieved within a few hours. They would prefer to approach a company that is geographically close, for lost data is very expensive. Companies that lose data experience great financial loss due to downtime, loss of business, loss of productivity and cost of reconstructing or recovering data. The significance attached to data is responsible for the growth of the data recovery industry. Though it is a competitive business, companies are motivated by the high success rates they enjoy. Success has a tendency to feed itself.
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http://www.articlecircle.com/computers/data-recovery/why-is-the-data-recovery-industry-booming.html

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