Regulatory Compliance Pushing Need for Document Image Management Solutions21 Mar 2011 • by Natalie Aster
With regulatory compliance becoming mandatory, organizations have been increasingly opting for document image solutions. This technology has also been significantly aiding eDiscovery during legal cases. Document image management solutions have been effectively meeting these regulation compliances apart from providing robust security for data.
TechNavio has published a report on this subject titled “Document Image Management Market 2010-2013”. The report has been prepared based on a study of the global document image market. Inputs from industry experts, vendors and end-users were used in the analysis. The report includes a market size estimate and forecast, market landscape based on segments along with trends, challenges and drivers.
Publication Date: Feb, 2011
Price: USD 1,800.00 USD 1,500.00
An increase in shared service centers and physical documents have been pushing various industries to opt for document image management services. However demand has been predominantly from government and financial sectors that are under regulatory pressure.
TechNavio’s analyst says, “With ECM players also entering the market, traditional players have been upgrading their products with superior data extraction capabilities. As a result document image capture solutions today are far more sophisticated that the ones available a few years ago.” According to TechNavio the market is expected to grow at a CAGR of 12 percent.
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