Archiving is a process of management of vital records that helps in storing inactive data which they might use in future. This archived data may or may not be used again in the future but can be stored for long period of time until the end of its retention schedule.
Data archiving is highly advantageous for growing businesses. Any information that has not been archived on a secured repository could be lost forever. However, data recovery experts might be able to retrieve this information that might cost you heavily. Therefore, it is important for employees archive required data safely in repository. It is equally prudent to hire employees who are expert in data archiving & retrieving to prevent data loss.