According to a December 2004 AMR Research alert by John Hagerty, public companies are projected to spend $6 billion in 2005 to become Sarbanes-Oxley compliant. A study published in the same month by IT market research and advisory firm IDC states that email archiving applications revenue is expected
to top $180 million worldwide in 2004, up from just $33 million two years ago, and to continue to grow at a compound annual growth rate of over 50% through 2008*.
Gartner is tracking the vendors in what they call the "e-mail active-archiving market" and believes the products in this category need to
include archiving, indexing, hierarchical storage management (HSM) and basic records retention management, as well as special applications for meeting the needs of compliance officers and those tasked with producing records for legal discovery requests**.
Carolyn DiCenzo, vice president of research in storage management and e-mail archiving software for Gartner, states, "Leading solutions in this space bring together all of these components to address the retention requirements around e-mail while providing the opportunity to more efficiently
and cost-effectively manage the impact of growing e-mail data stores."
Sun Microsystems last week announced the Sun Compliance and Content Management Solution, a customer-ready system that integrates Sun's storage and compliance products, the expertise of its client solutions organization, and the Solaris Operating System with compliance software from AXS-One to deliver
a cost-effective compliance solution for electronic records.
The collaboration between Sun and AXS-One addresses the growing tide of global regulatory compliance and business governance requirements such as Sarbanes-Oxley, HIPAA, SEC 17a-4, Gramm-Leach-Bliley and their equivalents
around the world.
"In the past few months, complying with government regulations has become a top priority for organizations around the world," said Ed Valdez, vice
president of Integrated Solutions at Sun Microsystems. "Our customers have a critical need to get more out of their information assets and intellectual
property while ensuring compliance with the regulations that affect them. This solution delivers authentication of and access to corporate information while
ensuring maximum security anywhere, anytime -- and this translates into a real-time business advantage for our customers."
Sun and AXS-One recently completed a full-scale joint testing project to verify the scalability of the Sun Compliance and Content Management Solution
as well as to establish implementation and best practice recommendations for customers. The results showed that the solution successfully scales to meet
the requirements of large global corporations. This has been achieved as a result of optimization and integration of the component parts to ensure full
interoperability and maximized performance.
The solution offers different storage infrastructure options in order to address each customers' unique compliance requirements. The options include
the Sun StorEdge Compliance Archiving System for non-eraseable, non-rewriteable "WORM" disk capabilities, extendable per file retention
periods, and advanced security; and the Sun Content Infrastructure System for automated tiered archiving and other infrastructure components that may be
required. Sun leverages the expertise of its Content and Compliance Client Solutions Practice to ensure speedy delivery of the optimal solution.
Next Generation Collaboration
Sun and AXS-One are collaborating to incorporate capabilities that will supersede Sun's current e-mail archiving solution, Infinite Mailbox. The Sun
Compliance and Content Management Solution will replace Infinite Mailbox and seamlessly provide existing and future customers with a single, scalable
framework that can archive and manage all electronic records, including e-mail, while addressing storage, compliance, and content management
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