This IDC study presents a five-year forecast for the worldwide information management for compliance, as well as segments the market opportunity by software, hardware, and services. Worldwide spending is provided for 2004 and a five-year growth forecast for the market is shown for 2005–2009. This study also introduces and defines the information management for compliance market and discusses the market trends and drivers.
"A significant amount of risk and material weakness exists within IT systems. As a result, there is an increased onus on IT departments to audit, monitor, and report on all systems, from databases to physical and data security to storage, to mitigate risk throughout the enterprise. This increased need will drive organizations to invest in technologies and services that help to ensure sustainability of compliance-related processes, mitigate risk, and manage ongoing costs." — Julie Marobella, senior research analyst, Records Management and Compliance Infrastructure
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