EMC Corp. (NYSE: EMC) has formed a technology alliance with email archiving software firm KVS Inc. and document storage services company Iron Mountain Inc. to cash in on the emerging market for email archiving (see EMC, Iron Mountain, KVS Archive Email).
Essentially, KVS has created a mailbox archive to work on Centera, EMC's disk-based near-line backup device, giving users the ability to easily store and search through archived email, says Mary Kay Roberto, VP of sales for North America at KVS. Iron Mountain, a third-party services company, provides the remote replication part of the offering (see EMC Has Eyes for Huge Archives).
"This technology alliance delivers the only integrated email archiving solution including the third-party service piece to comply with new regulations," says Roy Sanford, VP of markets and alliances for EMC's Content-Addressed Storage (CAS) division.
Gartner Inc., in an August 2002 report, estimated the market for email active archiving will grow to $134 million by 2006. But with the Securities and Exchange Commission (SEC) starting to enforce regulations that require financial institutions to better manage email communications or face huge fines, vendors are expecting it to be much larger.
All securities companies now have to keep a copy of their email with a third-party provider and be able to provide access to it at the SEC's request, says Margaret Rimmler, VP of digital archives at Iron Mountain.
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