What is Data Archiving?
Data Archiving or content archiving as it is often referred, is a computerised system that enables an organisation to retain critical information including documents, databases, financial data and any other data that may well be required for use or inspection at some point.
It is similar to the generic term of archiving, such as a library might implement but naturally instead of archiving book and papers, allowing the general public and academics the ability to search and retrieve articles according to their requirements, it allows computer users to access information in order to do their jobs. The key rationale for doing so is to comply with corporate governance or to save money on storage.
The aim of the data archive is to allow an organisation to store and quickly retrieve information that is vital to the running of that company.
The retention of data records in business is a requirement in law. In order to maintain business system efficiencies this data is archived [and retrievable] should retention be required. Vendors like Symantec, CA, Iron Mountain, Risc Group, EMC, CommVault and Data Barracks operate in what is a very competitive field.
The Future of Data Archiving
The data archiving market is set for continued growth simply because organisations are often required to retain information in order to comply with international codes of conduct and in many cases local legislation. This means that many organisations must retain key data in order to comply with these rules for a pre-set number of years. These rules are most unlikely to be relaxed. Indeed if anything, are likely to become more rigid. This together with the fact that data retention periods are getting longer, is likely to increase demand for content archiving systems.
As a result of these codes, information needs to readily available and this scene is set to continue especially in light of activities in the early 2000s, such as the Enron scandal, and 911. Both had a major impact on the way that content is viewed, primarily as with case with Enron, is that information was withheld and some cases destroyed in order to cover up illegal activities. With regard to the 911 tragedies, it became apparent that terrorist could misuse company assets, mainly computer networks and internet access, in order to plan terrorist activities.
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