Enterprise Information Management Market Insights, Emerging Trends, Growth and Forecasts, 2016-2020

Summary

Technavio Announces the Publication of its Research Report – Global Enterprise Information Management (EIM) Market 2016-2020

Technavio recognizes the following companies as the key players in the global enterprise information management market: EMC, IBM, Oracle, SAP, and SAS.

Other Prominent Vendors in the market are: AABYY, Adobe Systems, Canto, CMO Software, Cognizant, Enablon, Gimmal, HP, Hyland Software, Intelex Technologies, KCura, Mega International, Metric Stream, OpenText, and Resolver.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is boosting market growth is big data governance. Enterprise-level information governance is becoming complex and growing rapidly because of cross-functional workgroups, business processes, disparate locations, and unstructured data. Enterprise level data grow at the rate of 30%-40% per year. Therefore, it is imperative for organizations to adopt effective and efficient solutions for data lifecycle management, compliance, and security.

Browse Detail Report With TOC @

https://marketreportscenter.com/reports/316897/global-enterprise-information-management-market-2016-2020

According to the report, a key growth driver is the increased need to comply with regulatory requirements. Organizations are subject to follow regulatory requirements to manage corporate data. Governments worldwide are enforcing acts and policies such as Sarbanes–Oxley Act (SOX) in the US, the Health Insurance Portability and Accountability Act (HIPAA) in the US, and data breach notification laws that companies need to comply for conducting business effectively. SOX details various controls essential for handling financial information. HIPAA establishes instructions to secure and deal with protected health information.

Further, the report states that one challenge that could curtail market growth is the reluctance to adopt new systems.

The study was conducted using an objective combination of...