Forbes for Symform

December 4, 2012

The explosion of electronically stored data represents the fastest growing segment of IT. Storage media and disk drives are becoming cheaper, and yet many backup services charge thousands of dollars a year to back up an $80 disk drive; Amazon costs close to $250 a month to back up 2 TB, notes Praerit Garg, president of Symform, a new cloud network that uses sharing to offer low-cost storage and backup services.