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(StatePoint) Given how much has changed about the way people do business over the last few years, experts say it may be time for entrepreneurs to rethink how they store and protect company data, and collaborate with their teams.

According to Brian Mallari, a marketing director in Western Digital's hard drive business unit, a shared storage or network attached storage (NAS) solution can help, and here's why:

• Cost: As every owner of a small- or mid-sized business (SMB) knows, cutting costs without cutting corners is key to protecting the bottom line. While cloud storage fees can incur o...