The American Recovery and Reinvestment Act was enacted as an effort to boost the national economy out of a prolonged recession. The Act proposes a $787 billion economic stimulus package which contains a number of items that likely will offer grants for organizations that invest in green IT solutions. Below are specific areas that may hold potential funding opportunities for spend allocated to IT data recovery solutions.
Digitizing Health Records. The medical industry is facing new mandates to make patient records
more secure. $19 billion will be allocated for modernizing healthcare record-keeping and
implementing health information technology to lower costs and improve quality. Doctors’ practices
will receive between $44,000 and $64,000 in incentives to computerize medical records, and hospitals
will get as much as $11 million each. RenovoData helps meet the critical need for data storage,
security and virtualization for disaster recovery which the government mandates as a uniform,
nationwide benchmark in patient record-keeping and compliance.
IT Energy Efficiency. Energy providers will provide significant incentives for entities that
implement projects toward reducing energy consumption. $20 billion in tax rewards for energy
efficiency projects will be awarded out of the stimulus. RenovoData provides economic and ecological
solutions through server virtualization and data deduplication, which reduces energy utilization and
streamlines the IT infrastructure within an organization.
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Distribution of funding by Federal agencies