DefendX CEO, Joe Cutroneo's, Forbes Tech Council Published Article:
Covid-19 has caused a shift in cost-cutting among companies in industries across the board. In fact, according to a Gartner, Inc. survey, 62% of the 317 CFOs and finance leaders assessed are planning cuts. While 38% of finance leaders are hoping to avoid cuts in 2020, 18% are planning to downsize budgets in all categories. Data file archiving has always been an essential part of business; it has quickly become a necessity, positioned at the front of the line for "must-have projects."