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.

Why Data Archiving is necessary and frequently practised?

• Data archiving is vital for any business and adds up value to your business too. It saves money by reducing data volume on primary storage that needed backing up, which strengthen backup and reinstate performance while lowering secondary costs. 
• It can be used to remove no longer needed data but can still be useful from your system and online. Removal of excess data may speed up response time and enable swifter processing interval. It can give your system a revolution of productive production environment.
• Data archiving solutions even provide data archiving in read-only format to avoid editing or any further modification. 
• Data archiving compliance storing data for a long term as well as amalgamating data for easy access in case of an audit.
• The achieve files are small that it usually takes less time for restoring.