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McLean, VA – June 03, 2008 – ZyLAB, an innovative developer of Information Access Solutions, today announced that the company has received a “Promising” rating in Gartner’s “MarketScope for Records Management” report (Kenneth Chin, May 20, 2008). According to the report, "Organizations should approach the selection of a records management solution strategically as it has a long-term impact on the enterprise.” It further states, “that records management involves managing document retention and preservation, and reducing the risk of lost content. A good records management system includes people, processes and technology.”
The ZyIMAGE Information Access Platform (IAP) is a complete XML-based system that provides a robust foundation for the archiving and long-term management of vital information, from digitized paper documents, to electronic files, to email and attachments, to multimedia. The IAP’s comprehensive core technology enables organizations to find, access, and organize specific data through a standard browser in a quick, easy, and secure fashion. Users can add additional modules to create the exact, cost-effective solution they require.
The ZyIMAGE Records Management and Archiving (RMA) Module provides users with full control over all information that enters or leaves an organization. This module is one of the few RMA tools on the market that fully complies with the US DoD 5015.2-STD and National Archives (PRO) standards for electronic records management systems (ERMS). Based on an organization’s file plan, the ZyIMAGE RMA Module enables users to secure and preserve the content of not only electronic records but also their context and structure over time so that records are auditable and “locked” in their final form.
Gartner’s MarketScope estimates that “the worldwide records management market was worth approximately $400 million in software license and maintenance revenue in 2007, an increase of 30 percent from 2006. This market is forecast to have a five-year compound annual growth rate (CAGR) of 25 percent between 2008 and 2013.” The MarketScope also outlines several strategic planning assumptions including, “By 2013, 50 percent of all Global 2000 companies will implement enterprise-wide records management solutions; By 2013, records management will be pervasive and will extend beyond existing content repositories into file stores, archive repositories and business applications; and by 2013, discovery support will be a core capability for records management solutions.”
“We are in an excellent position to capture significant marketshare and are pleased that Gartner has identified us as ‘Promising’ in this report,” said Dr. Johannes Scholtes, President, ZyLAB North America LLC. “Backed by 25 years of technology innovation, our records management solution has a number of unique differentiators including our ability to store content in either XML or native file formats, integration with search and discovery modules, and ease of use to eliminate the need for significant professional services support.”
For more information on ZyLAB’s records management solution, customer references and whitepapers, visit: http://www.zylab.com/indexes/index_records_management.html
About the MarketScope
The MarketScope is copyrighted December 2007 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About ZyLAB
For 25 years, ZyLAB has provided commercial and government organizations around the world with award-winning information access solutions. The ZyIMAGE Information Access Platform is a complete XML-based system that provides a secure foundation for the long-term archiving, management and retrieval of information, from digitized paper documents, to electronic files, to e-mail and attachments, to multimedia.
With over 7,500 installations and 350,000 users worldwide, ZyLAB has a wealth of experience and knowledge across a variety of industries and business applications. Federal clients include the Executive Office of the President and the Departments of Agriculture, Commerce, Homeland Security, Justice and Defense, as well as all branches of the US Armed Forces and investigative teams at the FBI, SEC, and Amtrak's OIG. Hundreds of state and local governments also rely on ZyLAB, such as The State of California, Montgomery County, Maryland, and The Town of Jackson, Wyoming. ZyLAB's numerous commercial clients include leading companies like American Express, Anheuser-Busch, Dominion Virginia Power, Lockheed Martin, Pacific Life, and Shell Oil. For more information visit: www.zylab.com
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