Hardware expense is a costly part of operating a business, especially with an ever-growing database. This is expensive, but necessary in this day and age of information technology. By archiving your old and irrelevant Microsoft Dynamics® GP data, you can cut your storage costs by at least 80%. Here’s a look at hardware costs at their simplest:
- A 450 gigabyte 15,000 RPM drive runs from $460 to $730 at NewEgg. Buying this type of hardware from Dell or HP can cost twice as much. On average, it comes to:
$1.32 per gigabyte │With archiving $0.264
- A 500 gigabyte 7,200 RPM drive goes for $39 to $125. That formulates a price of:
$0.164 per gigabyte │With archiving $0.0328
So the 15,000 RPM drive is about eight times more expensive. If you archive your database, there will be no need to purchase new hardware. A new storage device starts at $5,000 for the bare box, no drives, and you’ll need at least three. You can easily spend $15,000. It’s quite common for small to mid-sized business to spend close to $50,000 on hardware. The good news is these steep costs can be avoided. Moving your archival data to a less expensive external drive will not only increase the speed of your live company, but possibly save you thousands of dollars. Stay lean and mean by moving historical data to a slower, cheaper drive.
Archive your historical data today with Company Data Archive for Microsoft Dynamics GP and starting saving thousands on your hardware expenses.