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A very common tendency that can be observed among teenagers and adults alike is the premium they place on the data storage capacities of their PCs. In the personal computing environment, five hundred gigabytes and one terabyte have become a minimum requirement, and even that does not suffice in most cases. However, with the advent, popularity and affordability of cloud services, physical data storage media are gradually becoming redundant. A part of this paradigm shift can be attributed to the complexities, hassles and concerns about the safety of data and IT assets storing them, be it accidental or a result of any malicious cyber attack. For enterprises, the stakes are even higher, and so are the risks associated with IT assets and data storage. The probable consequences of any negligence in this regard can be illustrated by some horrifying facts and figures pertaining to the USA only - 94% of companies that suffered catastrophic data losses did not survive any further than two years, among which a staggering 43% closed their shutters immediately after taking the hit, and the rest resorted to filing for bankruptcy within a year of such disastrous incidences. Be it a data-centric corporation or a funky start-up at some garage, no one can simply afford to lose their data and dream of recovering from the abyss. Surveys conducted on the American soil suggested that 77% of the companies who tested their data back-up facilities found critical failures and major loopholes in the mechanism employed for storing data, because 50% of those tapes and disks crashed when subjected to heavy data load and retrieval request. The results were alarming enough to shake CIOs of several companies, who decided to migrate to the cloud storage facilities that are available commercially; flagging the existing archaic storage system in their organization as RAIDs (redundant array of independent disks). Cloud storage facilities are clearly a notch above conventional hard drives, and this holds true for individuals as well as enterprises. Because of the distinct advantages like automated and off-site data back-up and recovery options, scalability, portability and affordability that cloud storage offer, it is deemed by experts as the future of data storage. As a matter of fact, giant IT firms are providing professional services to help companies migrate to the cloud computing environs. However, in spite of meticulous efforts in creating awareness about the potential pivotal role of cloud storage facilities in foreseeable days, 96% of business workstations are still not backed up. This sort of lackadaisical attitude on the part of companies and ordinary citizens can cost them dearly, and it is the high time for them to embrace the cloud. Interestingly, such changes in the realm of data storage technology have also influenced the job market heavily. a comparison based case study was made by a leading online job portal on the availability and the median salary of experienced professionals having expertise in the domain of cloud technology. For the right skills, companies are willing to shell out anything between $129,000 and $175,000 for talents in Boston. The amount is 26% higher than that of what is being offered in other parts of the USA except for Silicon Valley, the haven of cutting-edge technology; indicating unprecedented prospects in the careers of IT professionals belonging to the New England region. This shows that traditional data recovery services are no match for cloud computing in terms of attracting talent. Quite evidently, firms rendering services like data and IT asset recovery in Boston, with their limited human resources, have targeted small businesses and individuals who are not so conversant with technology. Consequently, such business that is on the verge of becoming obsolete, still has some relevance and recognition in the state of Massachusetts and also in other parts across the USA. Author’s Bio: Steve Jo is a Computer Science graduate, and has worked as a researcher in Class 100 Cleanrooms of major service providers of IT asset recovery in Boston. With the emergence of cloud computing technology, he has shifted his focus on the more reliable mechanism of data back-up.
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