The
enterprise information archiving market has garnered investor attention in
recent times with a predicted growth from $4.31 billion in 2015 to $7.55
billion in 2020 and a compound annual growth rate (CAGR) of 11.8%, according to
the report “Enterprise Information Archiving Market by Content Type (Email,
Social Media, and Others), Service, Deployment Type, End User, Industry
Application (BFSI, Life Science and Healthcare, and Others), and Region –
Global Forecast and Analysis to 2020” (http://dtn.fm/NE5w3).
Because
of the U.S. government standards and regulations, North America is at the
forefront of the adoption and implementation of enterprise information
archiving applications. Other factors influencing the rapid growth of this
market include the need for affordable storage solutions for data not in use,
the ongoing need to keep data due to laws and corporate governance
requirements, and the need for high performance business processes.
Cloud
deployed archiving is becoming increasingly popular, as not only a flexible way
of storing data in order to avoid losing important information, but as a system
that is being adopted worldwide in order to enable automatic software updates.
In addition, it allows for increased collaboration and is more affordable than
other forms of storage. Cloud-based applications also improve scalability and
use less manpower, freeing up team members to focus on other projects.
Thanks
to its acquisition of ArcMail, iGambit, Inc. (OTCQB: IGMB) is now able to
benefit from this fast growing industry. Acquired by IGMB in 2015, ArcMail is a
leading provider of enterprise information and email archiving solutions for
businesses of all sizes across a range of industries. ArcMail allows its
clients to meet and stay up-to-date with state compliance and regulations
according to the needs of each individual industry.
Since
its acquisition by iGambit, Inc., ArcMail has been selected as one of the most
innovative companies to watch in 2016 and was named one of CIOReview’s “20 Most
Promising Enterprise Security Companies” of 2016. Every ArcMail client’s
information is stored using a compliant and secure solution that can be
measured, is dependable, and is easy to get started with and maintain.
For
more information, visit the company’s website at www.iGambit.com
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