May 30, 2008
Enterprise Rights Management of Critical Importance
By Eve Sullivan, TMCnet Editor
A research brief from ABI Research (News - Alert) addresses the reasons why Enterprise Rights Management (ERM) is growing in importance.
“The confidential data held by businesses and other organizations has never been more critical or less secure, especially in light of the trend to outsourcing and offshoring,” says ABI Research industry analyst Zippy Aima. “Until recently, many companies were rather unaware of the need for higher security. Now, however, the consequences of data loss – compromised commercial strategies, financial liability, tarnished brand image, violation of government regulations and more – are better understood, and the market for Enterprise Rights Management is growing steadily, with expected revenues of $450 million in 2013.”
Recent news stories on ERM show the need for importance, including one about a U.S. government consultant accessing the passwords of 38,000 FBI employees and the UK’s department of Revenue and Customs losing discs containing personal information of 25 million Britons.
The manufacturing, financial, healthcare, government and life sciences sectors are ERM’s early adopters. ERM operates at the level of the individual document, generally using a client-server model to attach rights and restrictions to specific files. While the technologies involved are not revolutionary or radically different from one another, vendors are constantly adding new features and supporting more file formats.
Just five large firms – market leader Microsoft (News - Alert), EMC, Oracle, and Adobe – and one smaller one, Liquid Machines, serve the world's ERM demand. (EMC and Oracle entered the market by acquiring Authentica and Stellent (News - Alert) respectively; Stellent had previously acquired a DRM company called SealedMedia.) Although ERM implementations are found in Asia and Europe, the bulk of demand and revenue come from the United States.
“ABI Research expects stable and robust ERM market growth,” says Aima. “The next few years probably represent the strongest growth potential, before ERM becomes commoditized.”
“ABI Research expects stable and robust ERM market growth,” says Aima. “The next few years probably represent the strongest growth potential, before ERM becomes commoditized.”
The brief, “Enterprise Rights Management,” discusses the need to deploy ERM and explains its associated benefits. It forecasts market growth for the period 2007 to 2013, and includes vendor profiles and analysis of their offerings.
ABI Research is a leading market research firm focused on the impact of emerging technologies on global consumer and business markets. Utilizing a unique blend of market intelligence, primary research, and expert assessment from its worldwide team of industry analysts, ABI assists hundreds of clients each year with their strategic growth initiatives. For information, visit www.abiresearch.com, or call +1.516.624.2500.
ABI Research is a leading market research firm focused on the impact of emerging technologies on global consumer and business markets. Utilizing a unique blend of market intelligence, primary research, and expert assessment from its worldwide team of industry analysts, ABI assists hundreds of clients each year with their strategic growth initiatives. For information, visit www.abiresearch.com, or call +1.516.624.2500.
Eve Sullivan is a contributing editor for TMCnet. To read more of Eve’s articles, please visit her columnist page.
