Everyday business goes hand in hand with producing large amount of invaluable data stored within the IT infrastructure of the company. Yet, companies are rarely aware of the volatility of digital data. Customer information, website content, mailing data, ERP files etc. are only a few examples of data that are crucial to be easily accessed and most importantly: safe at any time. Cybersecurity incidents are increasing at an alarming pace, disrupting supply of essential services. Economies depend in information and communication technology working seamlessly. All actors need to recognize shared responsibility and take action to protect themselves in order to improve preparedness of private sectors.
Data loss or damage causes significant financial or other hardship to any organization and continues to be a primary concern for IT professionals due to lost productivity and the high cost of data retrieval. The cost of a data loss episode impacting hardware devices is estimated at approximately 2.000€, assuming the data can be retrieved. Episodes of data loss that compromise data records can run into millions of euros, depending on the data loss episode and the industry under consideration.
iSave Ltd. created an SSD(R)-based backup with the world’s fastest image and file level restore that combines the security of local backup, ultrafast recovery and a scalable system structure. Major IT users/companies like Deloitte, HBO, K&H, T Systems, and Kürt Inc. tested and appreciated our product, confirming that the technology may answer to their critical needs and expressed their willingness to buy.
iSave had three objectives during the Phase 1 project and we can say that all of them are successfully completed. The objectives are the followings:
Objective 1 – Market research focusing on willingness to buy and willingness to pay
Objective 2 – Preparing the commercialization strategy
Objective 3 – Planning IPR protection
