reduce costs with migRaven.24/7 Data Management

Content

The white paper highlights several areas where companies can realize significant savings potential through structured data management. Here are the most important areas:

1. Technical infrastructure

• data reduction: Reducing the amount of data leads to less storage requirements.
• backup efficiency: Less data means shorter backup times and less storage requirements.
• hardware savings: Optimized data management requires less hardware.
• Energy consumption: Fewer servers and more efficient data management reduce energy consumption and thus electricity costs.

2. Labor Costs

• minimize search times: Employees spend significant time searching for files every day. Optimizing filing structures can significantly reduce this time.
  Example: In a company with 500 employees, inefficient search processes can cost over 100.000 euros annually.
• Reduce IT support: Less administrative workload for the IT department, as specialist departments can independently manage data and access rights with improved tools.

3. Risks due to lack of compliance

• Avoid fines: Data protection violations can lead to significant penalties (e.g. 160 million euros in GDPR fines in Europe according to Haufe.de).
• Protect your reputation: Data loss or unauthorized access can damage a company’s reputation.
• Minimize internal security risks: Half of all cyberattacks originate from the company itself; optimized data management reduces unauthorized access.

4. Efficient data management

• Cost reduction through data retention: Unused or less important data is outsourced and archived on cheaper storage.
• Promote collaboration: With tools like migRaven.24/7 Employees can find relevant data faster and use it more efficiently.