What is Data Archiving and why is it in Trend?

While discussing data archiving trends it is important to know what is Data archiving exactly? Data archiving is the process in which the data which is no longer actively used is stored in a separate storage device for long-term retention. This old data will hold the information about the company, which it still needs but will only be indexed again to retrieve for future reference and regulatory compliance. Company can also search file of its interest and can retrieve it because data archives are indexed and can be located. Today, every company inspires to be global and for them to be global, data management will provide accessibility, reliability, and timeliness of the data for its users. Archiving data will help them in to meet compliance regulations, to retain historical data, or simply to save resources. Many companies use data archiving system for data that they are required to keep in order to meet regulatory standards like HIPAA, GDPR or PCI-DSS. ...