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Other popular solutions that data can be stored and protected on , include cloud storage , servers and local external storage solutions . However , experts recommend using more than one form of backup and storing them in multiple locations . There is a simple rule of thumb to ensure that backups are done optimally : have three copies of data saved on two different types of media and one backup should be kept off-site in case of disaster . In doing so , this ensures the data remains safe in the event of theft or other unexpected events . According to a 2022 report by the UK government , 24 % of UK businesses use both standalone devices and cloud providers , either public or private , to store their data .

An on-premises or on-site option that can be implemented by many small businesses is a network-attached storage ( NAS ) system . A great advantage of NAS is that data is stored centrally , which enables its backup and protection while allowing remote access and sharing at the same time . NAS systems facilitate an environment of work and collaboration . By choosing from a variety of

Redundant Array of Independent Disks ( RAID ) levels , NAS solutions can be easily optimised to meet an organisation ’ s particular needs and offer the best performance , data protection and capacity . With this , it allows SMEs to save and share their files from anywhere , at any time . As long as there is an Internet connection , team members can manage their files all in one place to help make their workflows more productive and efficient .

Data plays an increasingly vital role in business development , regardless of its sector or function , ranging from informed choices , predicting trends and discovering new opportunities for growth and success throughout the business lifecycle . It is , therefore , critical for SMEs to have the right storage solutions in place to be able to truly understand available data and act accordingly . �

ULTIMATELY , THE ANALYSIS OF CUSTOMER DATA CAN LEAD TO FURTHER DATA BEING CREATED AS INSIGHTS .