TechNavio today launched its report Global Records Management Market 2011“2015 based on an in-depth study. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Enterprise Applications team said, Incorporating records management with Microsoft Office and other infrastructure applications is one of the major trends in the Global Records Management market. The solution can be deployed and managed using common tools and services, which allows end-users to take a more active role in authorizing, publishing web content, and sending business documents to long-term storage repositories. Further, the increasing adoption of infrastructure applications such as instant messaging, e-mail, and enterprise social networks increases the risk of records management scalability and the amount of data handling, which creates a demand for integrated records management software.
According to the report, demand in the Global Records Management market continues to be driven by the increasing need for regulatory compliance. The fear of legal liability associated with compliance requirements is the major reason forcing organizations to adopt records management. Moreover, most of the content including office documents, e-mails, faxes, images, and electronic transaction is unmanaged in several organizations, which means that there is still demand for efficient records management systems to comply with regulatory requirements.
Further, the report also discusses that lack of participation of management affects the adoption of records management and this is hindering the growth of the Global Records Management market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-records-management-market-2011-2015
Follow us on Twitter @ Technavio