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Global Enterprise Information Management Market 2016 - Forecasts to 2020 - Research and MarketsDUBLIN, July 15, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Enterprise Information Management Market 2016-2020" report to their offering. The global enterprise information management market to grow at a CAGR of 19.51% during the period 2016-2020. A trend which is boosting market growth is big data governance. Enterprise-level information governance is becoming complex and growing rapidly because of cross-functional workgroups, business processes, disparate locations, and unstructured data. Enterprise level data grow at the rate of 30%-40% per year. Therefore, it is imperative for organizations to adopt effective and efficient solutions for data lifecycle management, compliance, and secuity. According to the report, a key growth driver is the increased need to comply with regulatory requirements. Organizations are subject to follow regulatory requirements to manage corporate data. Governments worldwide are enforcing acts and policies such as Sarbanes-Oxley Act (SOX) in the US, the Health Insurance Portability and Accountability Act (HIPAA) in the US, and data breach notification laws that companies need to comply for conducting business effectively. SOX details various controls essential for handling financial information. HIPAA establishes instructions to secure and deal with protected health information. Further, the report states that one challenge that could curtail market growth is the reluctance to adopt new systems. To calculate the market size, we consider the revenue generated from the deployment of EIM solutions both on-premise and in the cloud. The solutions covered in the report includes: - Business intelligence (BI) - EMC - AABYY Media Contact: Research and Markets |