Symantec Survey Reveals Digital Information Costs Businesses $1.1Trillion
MOS Study Guide for Microsoft® Office 365
Experian Launches Online Tool That Helps Improve Cash Flow
Dell Financial Services Offers Zero Percent Financing on EqualLogic Storage Solutions to Help Growing Businesses Keep Up with Data Demands
The promotion is the first zero-percent financing offer available to Dell channel partners
Dell Financial Services (DFS) is offering zero percent financing on Dell’s award winning EqualLogic storage systems for growing businesses feeling the pressure of data growth. With the offer, small and medium businesses have access direct from Dell and through trusted partners to highly virtualized storage technology that scales with their business, enabling them to manage and store critical data as they grow.
The Zero-Percent EqualLogic promotion helps small and medium businesses manage their growing data storage needs while preserving their capital for sales, marketing and R&D. Dell EqualLogic arrays, regardless of generation, work together to automatically manage data, load balance across all resources and scale as business demands change. A recent analysis by analyst firm Enterprise Strategy Group found Dell EqualLogic systems have the lowest total cost of ownership (TCO) .Today’s offer includes a zero percent $1 buyout lease on a 36-month term on all EqualLogic storage equipment. Dell Financial Services helps customers manage their budget with fixed monthly payments.
“The number of devices, data movement and usage makes storage a crucial component of accommodating business growth. However, access to capital remains an obstacle for many small and medium businesses looking to scale their IT infrastructures, “said Erik Reichman, vice president and general manager, Dell Financial Services for Small and Medium Business. “With Dell Financial Services, we eliminate a key barrier for customers who can now move forward on long delayed purchases.”
Zero Percent Promotional Financing from Dell Financial Services a Dell Channel First
The Zero-Percent EqualLogic promotion is the first zero-percent offer for the Dell partner channel, making it easier for Dell small and medium business channel partners who are storage certified to help their customers acquire business-critical storage. Dell is committed to being a long-term partner for the channel community and is using this offering to set the standard for integration of Dell Financial Services with the PartnerDirect community.
“The Zero-Percent Dell Financial Services EqualLogic offering is a sign of our commitment to making it easy for our partners to work with Dell, enabling them to help growing businesses store their data while providing a flexible way to manage their budget with fixed monthly payments,” added Greg Davis, vice president and general manager Dell Global Commercial Channel.
Pricing and Availability
The Zero-Percent EqualLogic offering is a 36-month zero percent $1 Buyout lease on all EqualLogic storage components with no minimum purchase amounts necessary and runs through August 3, 2012. The $1 buyout lease gives customers a predictable budget with fixed payments through the end-of-lease term and equipment ownership. In addition, equipment may qualify for a standard depreciation schedule (tax treatment).
Symantec Survey Reveals Digital Information Costs Businesses $1.1Trillion
Yet Businesses Still Struggling To Protect Information Efficiently
MOUNTAIN VIEW, Calif. – Symantec Corp. (Nasdaq: SYMC) today announced that information costs businesses worldwide $1.1 trillion annually, according to its first ever State of Information Survey. From confidential customer information, to intellectual property, to financial transactions, organizations possess massive amounts of information that not only enable them to be competitive and efficient – but also stay in business. In fact, the survey revealed that digital information makes up 49 percent of an organization’s total value.
“The vast amount of information that organizations produce today can help them better serve their customers and increase productivity. However, the same information can also become a major liability if it is not properly protected. Companies that effectively use their information will have a major competitive advantage over those who cannot, and in some cases it can be the difference between success and failure,” said Francis deSouza, group president, Enterprise Products and Services, Symantec Corp. “With its increasing value and rising cost, successful companies will find ways to more effectively protect their information and unleash the productivity it can bring.”
Information is Skyrocketing and It’s Expensive: Businesses of all sizes are dealing with enormous amounts of data. The total size of information stored today by all businesses is 2.2 zettabytes. Small to medium sized businesses (SMBs) on average have 563 terabytes of data, compared with the average enterprise that has 100,000 terabytes. The survey also reveals that information is expected to grow 67 percent over the next year for enterprises and 178 percent for SMBs.
On average, enterprises spend $38 million annually on information, while SMBs spend $332,000. However, the yearly cost per employee for SMBs is a lot higher at $3,670, versus $3,297 for enterprise. For example, a typical 50-employee small business spends $183,500 on information management, whereas a typical large enterprise with 2,500 employees would spend $8.2 million.
The Business Impact of Lost Information: The consequences of losing business information would be disastrous. “We would have to fold our operations for at least a couple of years before we’d come back again,” noted an IT manager at a large engineering firm when asked about the consequences of losing the enterprise’s information. Respondents highlighted the impact of data loss to their business, including lost customers (49 percent), damage to reputation and brand (47 percent), decreased revenue (41 percent), increased expenses (39 percent) and a tumbling stock price (20 percent).
Protection Measures are Falling Short: With so much at stake, protecting information should be a top priority, yet businesses are still struggling. In the last year, 69 percent of businesses experienced some form of information loss for a variety of reasons, such as human error, hardware failure, security breach, or lost and stolen devices. In addition, 69 percent have had confidential information exposed outside of the company, and 31 percent have experienced compliance failures related to information. Another challenge is the amount of duplicate information businesses are storing – an average of 42 percent of data is duplicated. Storage utilization is also low, at only 31 percent within the firewall and 18 percent outside.
All these risks and inefficiencies result in businesses spending more than necessary on storing and protecting their information. A key issue identified by 30 percent of businesses is information sprawl – the overwhelming growth of information that is unorganized, difficult to access and often duplicated elsewhere.
Businesses Need to Put the “I” Back in “IT”
To help businesses more effectively protect their information, Symantec has the following recommendations:
Focus on the information, not the device or data center: With BYOD and cloud, information is no longer within the four walls of a company. Protection must focus on the information, not the device or data center.
Not all information is equal: Business must be able to separate useless data from valuable business information and protect it accordingly.
Be efficient: Deduplication and archiving help companies protect more, but store less to keep pace with exponential data growth.
Consistency is key: It is important to set consistent policies for information that can be enforced wherever it’s located… physical, virtual and cloud environments.
Stay agile: Plan for your future information needs by implementing a flexible infrastructure to support continued growth.
MOS Study Guide for Microsoft® Office 365
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Experian Launches Online Tool That Helps Small Businesses Improve Cash Flow
BusinessIQ ExpressSM helps small businesses better manage their customer relationships and get paid faster and more reliably
Costa Mesa, Calif., /PRNewswire — Experian®, the leading global information services company, today announced BusinessIQ ExpressSM , a complete online tool that helps small businesses improve cash flow by empowering more informed decisions about their business customers, suppliers and partners. The new service provides information and tools for evaluating and monitoring business relationships to help support profitable growth. Additionally, the service provides tools and resources to help small businesses collect on outstanding debts and avoid future losses.
Experian designed BusinessIQ Express to help small businesses keep their cash flowing by enabling owners and principals to quickly and easily make better decisions across the entire Customer Life Cycle. These important decisions help businesses meet their obligations and often can mean the difference between success or failure.
“Maintaining a profitable business is a challenge that all business owners face. Small-business owners especially feel this pressure because access to tools that enable them to effectively manage their business relationships have been too costly, too complex or too difficult to use,” said Adam Fingersh, senior vice president of Experian’s Business Information Services. “We designed BusinessIQ Express to address these challenges and level the playing field for small businesses as they compete in the marketplace with larger businesses that have historically had access to these types of tools and resources.”
The new online tool is available now, and offers three key ways to help members manage their business relationships quickly and easily:
- Evaluate — BusinessIQ Express members can evaluate prospects, customers, suppliers and partners on their likelihood to pay or deliver on time.
- Monitor — Members can easily monitor their business relationships with alerts and notifications of key changes, allowing them to take appropriate account actions and maintain beneficial relationships.
- Collect — The tool offers small-business members unique options that may have never before been easily accessible to them to help collect on outstanding debts and avoid future losses.
BusinessIQ Express delivers valuable real-time data on more than 99.9 percent of all U.S. businesses. Members of the service also can rate an organization, as well as provide comments that can be viewed and used by other community members when evaluating a business. Additionally, the site is loaded with tutorial videos, tool tips and support options to assist small-business professionals at every stage of the Customer Life Cycle.
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