Remember when the government got compliance-happy a bunch of years ago (Sarbanes-Oxley, HIPAA), and smaller firms screamed because they knew they couldn’t shoulder the cost of compliance as readily as the big ones could?
I developed solutions that leveraged the Hummingbird content management functionality in addressing contract management, the integration with a GIS environment, and compliance regulations, specifically Sarbanes-Oxley. I also was responsible for recruiting and managing strategic partnerships, both services and technologies
Yet even within the traditional ECM vendors, records management was not part of the core platform until 2002, when the Sarbanes-Oxley Act was passed
My work has appeared in Forbes , The Dallas Morning News , Search CIO , The Sarbanes-Oxley Compliance Journal and others
EU antitrust investigations conducted by DG Competition in Brussels to prevent various unfair forms of competition that result in higher consumer prices. Sarbanes-Oxley non-compliance for companies with a US listing can result in serious penalties
Some others, such as the Sarbanes-Oxley Act, tend to be more opaque, only demanding companies to establish the reliability and stability of business procedures, meaning they should demonstrate they are tracking applications and the infrastructure for inappropriate activities
This also explains the increasing interest in and reports on Enterprise Information Archiving, information valuation, and information governance, in general, by organizations such as Gartner (see Enterprise Information Archiving Transforms the Strategy and Approach for Archiving by Kenneth Chin and Sheila Childs, G00201236) and various other analysts. Just as the Sarbanes-Oxley act turbo-charged the enterprise content management industry in 2002, e-discovery and additional oversight and regulations will turbo-charge the search, content analytics and archiving industry
I strongly believe that eDiscovery will turbo-charge our industry in the coming years, similar to the way Sarbanes-Oxley litigation did a few years ago
I will not even mention that whole Sarbanes Oxley mess. I have been fortunate to work with a tremendously talented group of ECM professionals in my career
Another benefit is that if your equipment is destroyed or damaged, your data is residing safely in the cloud which reminds me; any of you out there suffering under the burdensome legislation that is Sarbanes-Oxley will realize additional benefits as related to disaster planning
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