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.
Scott Bekker is editor in chief of Redmond Channel Partner magazine.