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well good afternoon everybody im eric lenask im with tmc and its my pleasure to kick off todays live webinar hopefully you can all see on your screens the title of todays session is called hidden costs to consider when choosing a backup vendor um you know why are we having this conversation well you all know data really is a new currency last year um its been reported that more than 59 zettabytes of data was created consumed captured and copied across the world thats about 161 exabytes per day and by 2024 that figure is expected to about triple on a daily basis you know all of that data of course has become the cornerstone of business operations and that means that storage management uh security all those things and backup are critical to business success you know the challenge though today is that uh todays i.t landscape has helpful beneficial and in many ways efficient as it is also brings increased risk and opportunities for that data to be lost corrupted stolen or hijacked