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The term "Backup" means the methods and processes involved to copy computer data (system data as well as application data) to media other than the ones where the data originally live (disk, tape, optical, cloud). "Restore" in turn means the methods and processes involved in data recovery, i. e., bringing back copied computer data to their original location. Backup/Restore primarily serves as a means of protection against data loss, be it due to disaster, corruption or sabotage. It can also be used for recovering data from an earlier point in time and even for cloning machines or applications. There is a wide variety of backup/restore software available, from expensive commercial products to free or open source tools.
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if you have a t1 and about 30 to 40 gb files it would take about 2 to 3 days straight to transfer them.
the best way for you to back it up would be to use an external drive using an software like DeltaCopy and then taking that drive to your co-location and then do your back from there, the reason to use this software is once you have a full backup it only copies the bytes of the files that have changed kinda like rsync in linux therefore it will cut down on the bandwidth usage and the backups will be alot faster
Richie