TechNavio today published its report Record Management Market in the US 2010“2014 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, The US Government has passed stringent regulations, such as the SOX Act for large enterprises, for effective and transparent management. Record management software helps those large organizations to meet the compliance requirement by providing effective and efficient record management. Regardless of their size, organizations are required to disclose information and documents such as specific compliance, auditing, and retention needs for litigation purposes.
According to the report, integration of record management with Microsoft Office and other infrastructure applications is one of the major trends in the market. The increasing adoption of infrastructure applications such as instant messaging, email, and enterprise social networks creates demand for integrated record management. Increasing adoption of infrastructure application increases the risk of record management scalability, and amount of data handling which in-turn create demand for integrated record management software.
The report also discusses the various challenges faced by this market including low return on investment.
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/record-management-market-us-2010-2014
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TechNavio Announces the Publication of its Report “ Record Management Market in the US 2010“2014
