Enterprise of any form of ownership and size poses a primary goal i.e. to achieve sustainable development. Yet working with relevant documents, comprising the financial statements, few people think about possible problems. For example, because of blackouts, or the impact of malicious virus programs it could cause your computer hard disks, which entails loss of information. It is a fact that information is often far more valuable than the hard drive itself, as it can be easily replaced by a new, but to return the lost information is unlikely to retain again. Thus, lost information is not necessarily important for a person or organization to appreciate its value. Even the current documents, which could not be saved, will seem valuable when you spend hours of their time on restoration.
Importance of Storing, retrieving and archiving information
Managing data in a manner that ensures efficiency and security is extremely important to most businesses. However, secure storage of data is of critical importance to the oil and gas industry where information is an asset in its own right and its effective management can drive competitiveness.
A majority of energy organizations has taken advantage of the advances in computer technology and has recognized the value of considering data as a company asset. Historically, this data stored in various media such as paper, magnetic tapes, diskettes and spreadsheets, which were typically scattered over distinct departments and confidential files. Now with the advent of large data storage facilities, the oil and gas industry has benefited from a high level of data quality and data access and sharing by geoscientists and planners (Corti, 2009).
Data volumes are doubling annually, and different technologies (such as social media), unused storage locations (such as “The Cloud”), and new formats ...