IDC: E-mail Archiving Coming to a Data Center Near You
- By Scott Bekker
As requirements demanding companies be able to find, retrieve and protect e-mail and other electronic records become coded into our legal and regulatory institutions, the market for e-mail archiving applications is exploding.
According to a new study by IDC, e-mail archiving application revenue should surpass $180 million worldwide in 2004. IDC says the figure is up from $33 million two years ago, and the firm predicts a compound annual growth rate of 50 percent through 2008.
"Whether it is delivered as dedicated solutions or as embedded functionality, e-mail archiving will most likely be appearing in a data center near you," Mark Levitt, an IDC research vice president, said in a statement.
The demand is being fueled by growth in the volume of e-mail and other electronic records, a stricter regulatory environment, the recent focus on corporate governance and the need to respond immediately to litigation requests.
About the Author
Scott Bekker is editor in chief of Redmond Channel Partner magazine.