About information governance in social business
Information governance is the application of policies and practices to manage information from its inception to its final disposition. Information governance consists of creation, protection, value creation, preservation, and final placement of information. The volume of data at enterprise level is rising exponentially and is accentuated by the usage of third platform consisting of mobile, cloud, social media, and analytics. The need for managing information is not merely focused on records management but has become more complex because of growth of legal and regulatory requirements such as financial Dodd-Frank regulations. Similarly, legal establishments are becoming stricter with the standardization of documents and is leading to a rise in e-discovery requirements. Information governance has become a business imperative to reduce cost, extract value, mitigate risk, and increase revenues.
Technavio's analysts forecast the global information governance in social business market to grow at a CAGR of 11.6% over the period 2014-2019.
Covered in this report
The market is categorized broadly in two segments: software and services. This report covers information about the size of the global information governance in social business market by end-users. The report also covers information about the market based on geographies.
Technavio's report, Global Information Governance in Social Business Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Information Governance in Social Business Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Information Governance in Social Business Market: Accenture, ASG Software, Autonomy, FTI Consulting, IBM and Iron Mountain
Other Prominent Vendors in the market are: ABBYY, Intelex Technologies, Mega International, EMC, Resolver, Exterro, Gimmal, Metric Stream, KCura, CMO Software, OpenText, Enablon and Oracle
Commenting on the report, an analyst from Technavio’s team said: “A number of vendors are offering automated solutions to organizations that assist with the selection, execution, configuration, and continuous monitoring of tools, which automates compliance with corporate social media policies. This includes sending notifications of business rules to employees regarding sensitive data usage, as well as monitoring potential data loss via social media channels.”
According to the report, with rapidly change in technology, it has become imperative for organizations worldwide to continuously innovate and keep revising their existing business models and enterprise infrastructure. In the present scenario, the market is seeing high demand for integration.
Further, the report states that lack of skilled workforce for information governance in social businesses hinders the market growth, as acquiring and retaining talent has become a difficult task.
Accenture, ASG Software, Autonomy, FTI Consulting, IBM, Iron Mountain, ABBYY, Intelex Technologies, Mega International, EMC, Resolver, Exterro, Gimmal, Metric Stream, KCura, CMO Software, OpenText, Enablon, Oracle