Monday, February 6, 2012

Why the traditional forms of backup do not work

It seems like a simple question. Many of us over time have figured out
that we need to backup our hard drives. Hard drive failures and
catastrophe will occur and it is just a problem of when it will
happen, not if. Many people have already experienced a computer
disaster and have spent hours or days trying to correct our computers
before we could start working again.

Data loss costs companies billions of dollars a year and yet it could
all be avoided. Floppy disks, DVD's, tape and even online systems can
be set today to work in the background and keep our computer backup's
up to date, so what is the concern? Why when catastrophe occurs do we
still lose data? Why do days and even weeks go by trying to restore
and recover the latest versions of our documents


The fix lies not just in how you backup your computer, on account of
backing up your computer does not insure your data is safe. It is only
half of the solution. It does not do anyone any good if you cannot
restore your data that you backed up when you need it.


Almost every backup medium and service today has the same problems, the restore.

1. CD, DVD -Media has unknown shelf life, the issue of losing disks or the media itself getting deleted

2. Tape-Needs the tape drive to restore. Tape may also need the same software versions installed to restore and work properly. The media itself it vulnerable to the environment and can get destroyed if too
hot or cold, in a fire or flood,etc.

3. Online or cloud backups-Typically backs up incrementally and
downloads in clusters. Large data files have to be re-built 2gb at a
time. Many time this causes your data to be chopped. You need same
software versions installed for reinstall to work properly. Trying to
reinstall to new hardware is problematic


I am sure everyone reading this has experienced some if not all of the
problems above. Trying to buy new hardware and then have to reinstall
old software versions to make versions compatible so that your new
computer can read the backed up files seem ridiculous.


To backup your computer the best backup and one that every computer
owner should be using today is one that offers online document
management software as a service (Saas) like Filocity.com. An Saas
(software as a service) provides you the ability to backup all of your
information in the background as you work. Various versions of your
documents are tracked and can be referred back to. If catastrophe
strikes, all you need is to walk over to a working web browser to
access your Saas service and you can keep working uninterrupted .

Services such as this not only allow you to backup your computer
securely but also allow you to view, edit, share and access your
files, documents, spreadsheets and projects just as if you were
sitting in front of your office computer. You can even use the service
in your daily business life to collaborate and share files, send large
emails, schedule tasks and more. Open a file from your secure cloud
space or your local desktop. Every time you save that file, the latest
version is saved "live" in your secure cloud work space. Never worry
about a backup, hardware or software versions again.


When tragedy strikes just walk over to any web browser log in and open
your word, excel or powerpoint document. MS office tools will allow
you to edit and share online without having Microsoft word or excel
installed. You can open a pdf, edit and create pdf books online. All
of your contacts, distribution lists and groups when uploaded can
create an environment where you can collaborate and share information
and projects just like you would do with a fully customized version of
Sharepoint. Features like the cloud connect dropbox or MS Office
integration will allow you to work and share from anywhere without
being tied in to one software version. Your files are useable from
anywhere when you backup with the proper online backup service.



Resource

Filocity.com is an enterprise backup and collaboration, online
document management and online project management software as a
service platform in the cloud. Full MS office integration and cloud
connect dropbox allow you to work from your office, home or laptop on
the latest versions at any times. You can set permissions to allow
co-workers, vendors and team members to collaborate on projects and
documents with notifications to notify you of the latest version being
received. Filocity.com provides the virtualized infrastructure to
backup a with live office in the cloud backoffice tools.

Tuesday, December 6, 2011

Investment bankers turn to online project management systems to streamline operations


Online Project Management Software for Investment Bankers

Investment bankers are some of the many people that can benefit directly from an online project management program customized and tailored to meet their individual needs. There are many programs that are available to meet the needs of investment bankers. Online project management software will allow you to organize, evaluate, simplify, and collaborate so that you can expand your opportunities.

Improving Productivity to Create a More Successful Business

As a successful investment banker, it is important to ensure that you have an effective management system in place that will allow you to organize and control your environment effectively. This will help you streamline and sort your business process. With online project management, you will be able to collaborate with team members, organize all of your important documents, integrate and save new documents as needed.  Many of these programs all you to scan paper files and have them load directly into your online project management files.

The power of an online project management system

Online project management software systems provides the tools to handle investment banking deals, track due diligence and collaborate with ease.  Bankers can setup their transactions into a transaction folder, break down their project and share the files and documents with potential investors, vendors, legal counsel and anyone else that can be beneficial to their deal. 

Online project management software systems allow you to share and track documents and files, assign various roles and tasks and track them on one shared calendar.  Online  project management and document management services provide workable and productive solutions for professional investment bankers. The filing process is simple and quick, and the folder structure is easy to navigate and use. You can sort and name different files so that they are easily accessible. You save e-mails, physical documents, web-based documents, and a number of other data and information all in one place.  Accessible by anyone that you assign permissions to access.

Collaboration tools to Share and Store Files increase transparency and efficiency

You can allow your files to be easily shared between staff members and investors so that you can manage your business more effectively. Many of these systems allow you to set a variety of permission levels like view only or download and the ability to print or not to print. Online project management systems allow you to handle multiple deals more effectively with less people.

Online document and project management systems today can also include online file viewers and editors.  In choosing your product make a list of features that are important to you and check with your software vendor to be sure those features are included.  One of my favorite features is the ability to edit word documents online and save these documents using version control.  This not only allows for multiple parties to work together on the same documents, but allows me to go back and review older versions of documents.

The system of adding new files is extremely simple, you can add individual files or entire folder directories in one shot.  Online and cloud based project management systems today even allow for your upload to continue if interrupted.


If you are looking to promote flexibility, transparency, and productivity, online project management software is an essential tool to consider. You can save and store your documents and data easily with the right project management solution.

Filocity (http://www.filocity.com) provides the virtualized infrastructure and toolsets that expand the current model for computing both on and offline. Filocity, with a zero cost of entry, allows individuals and company’s enterprise level back office features never before available in one place, with hosting utilizing the latest in secure “cloud” services.

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For more information or to discuss a solution for your business contact Doug Thaler at filocity.com.  Contact  doug@filocity.com