The first data recovery tool in existence, Data Recovery Toolkit, is still being built.
The software is designed to help companies recover data from data loss and recovery, including in the event of a power outage.
Statistics firm Statista, which is currently in the process of purchasing Data Recovery Kit, says the data recovery platform is still in early testing and it’s too early to give a definitive verdict on the platform’s performance.
“The data recovery is a service that has been developed in conjunction with Statista’s IT team, and will be fully supported by Statista as it moves into production,” Statista said in a statement.
It’s important to note that data recovery tools are still in development and the software is still “in its early stages of development,” according to Statista.
“It is likely that we will see many improvements in the coming years,” Statistas statement said.
Statsista is not the only company to invest in the Data Recovery toolkit.
Data Recovery Labs, which specializes in data recovery, also is working on a data recovery system for financial services companies.
While Statista is a strong contender in the data-driven recovery space, Data Rescue is a bit behind.
Data Rescue Labs, based in Austin, Texas, is currently developing a data-preserving solution for financial institutions.
The company says its goal is to provide data-focused recovery solutions that “provide the best level of security for the data in our data centers and are easy to maintain.”