Saturday, April 02, 2005

The Big Business Of Compliance

Why IDC estimates a 22% CAGR for compliance tools

Courtesy of Optimize.

When you think about regulatory compliance, what does it touch in your company? Perhaps the better question is: What doesn't it touch? According to a new IDC report, the worldwide market for information-management tools as they relate to compliance will hit $20 billion in 2009, growing at a 22% compound annual growth rate (CAGR) from now until then. In fact, those costs were estimated using a model that cut across more than 35 markets—software, hardware, and services—that IDC tracks.


Contributing Web editor Howard Baldwin talked with Julie Rahal Marobella, senior research analyst at IDC, to get a better sense of CIOs' concerns when it comes to preparing for compliance in the coming years.

See full Interview.