What Technologies Are Part of the IG Products Market?
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In our previous look inside last year’s IGI Annual Report 2015-2016, the industry’s most comprehensive research on information governance (IG) as a concept, profession, and market, we discussed predictions for IG spending in 2016. Today, we look at what technologies the community considers part of the IG market.
We asked the IG community which technologies they believed were part of the IG product market. As we saw last year, survey respondents have a very broad understanding of what makes up this market. This is not surprising given the breadth with which the IG community views the concept of IG. The range of technologies required to serve these disparate information-related functions and to address the ways in which information moves between them would necessarily be fairly broad.
Of the twenty-two enumerated technologies, fourteen of them received 50% or more support for inclusion in the IG product market. RIM, information security, e-discovery, data governance, and data storage and archiving were the most popular. Though we did add several additional technologies since last year, we note that across the board for technologies listed both years, the percentage of votes for inclusion in the product market is down. We saw a similar drop for facets the IG community would include in the concept of IG. We see this as a sign that the IG market is starting to mature and that both the technologies and functional areas that make up IG’s core are coming into greater focus.
We do not mean to say that any of the listed products that comprise the IG product market are “IG technologies,” per se, as they are not broad enough to cover all information-related activities in an organization. Each of them is rather a point of management and control of information within the facets to be coordinated by IG.
That said, we were curious to see whether the community thought that there was a category of software or technology on the market that they considered to be “IG” software or technology. Almost half said no; 30% were not sure. However, around a fifth (22%) said yes. Contenders for such a role, as suggested by the comments respondents provided, were technologies that integrated several of the information-related functions of multiple facets across the enterprise. We will continue to focus on these and related questions as we conduct further research on the emerging IG market.
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