| According to Jude Umeh from Capgemini, 2009 is going to be the year to look at and implement an Information Rights Management solution. He highlights that the uptake of such technologies has been relatively slow and blames the lack of obvious immediate return of investment. The pure play IRM vendors have now mainly been picked up by the larger corporations (but who's going to be buying Liquid Machines?). We were the fortunate ones being acquired by Oracle, our IRM technology is now being integrated and developed into Fusion Middleware making Oracle IRM the only true middleware IRM technology. |  |
Jude predicts that;
- "The frequent reports of data loss incidents mean that the corporate world has had to start looking at ways to prevent future mishaps. However, even current initiatives like wholesale corporate data encryption and data loss prevention strategies are not totally fool proof; therefore many organisations are still likely to need a more effective approach towards managing and securing information, especially one that will work even after data is lost or misplaced."
Even more so in this economic climate. With many companies concerned of how to survive through the next few years, top of their list will be to avoid any unwarranted press attention regarding loss of intellectual property, financial data or such. Such incidents have a direct affect on already very fragile stock prices and as the new US government comes up to speed, regulatory fines are going to be painful to pay when loss of data breaches government mandates.
- "There are signs that ERM vendors are waking up to the key role they have to play in creating the ecosystem of solutions required to tackle data loss issues head-on. For example, some vendors have begun integrating their ERM products with existing Data Loss Prevention systems in order to provide effective control of information, both within and outside the enterprise security perimeter."
Since our acquisition with Oracle we have already released integrations with the Oracle content management solutions and are continuing to create ways to integrate with other technologies. Also the 11G release of IRM sees a large port of the IRM technology into the Oracle Fusion Middleware stack enabling many out of the box capabilities that are just unavailable in any IRM technology today.
- "A recent study of the ERM market shows a steady increase in awareness and adoption by organisations in various sectors like finance, healthcare and IT consulting among others."
Our experience here in Oracle confirms this and we've seen sales in the past few quarters from a variety of companies in all sectors.
