Winter is coming ... and so is World Paper Free Day. This year, it will be celebrated Nov. 6.
It's an AIIM (Association for Information and Image Management) initiative that encourages people and businesses to go paper free for one day. AIIM wants everyone to automate and digitize their paper-centric processes — at work and home — in the name of efficiency, collaboration and general well-being.
According to WRAP, a non-profit dedicated to waste reduction and sustainable choices, the average office worker uses up to 45 sheets of paper per day — and half of those papers are considered waste.
AIIM agrees. In an industry watch on document management last November, it concluded the paperless office is only a dream, and we should be setting our sights a little bit lower. Even though office workers are mobile, computer literate and aware that paper-free processes improve productivity and lower costs, most organizations are still struggling against the tide of paper documents that clog offices and stall business processes, the research found.
This year's as yet unpublished version of the report "Paper-Free Progress: Measuring Outcomes" is just as discouraging: about 31 percent of executives surveyed admit their offices are piled high with paper.
While AIIM President John Mancini admits it will never be possible to get rid of paper entirely, he thinks it's certainly feasible to reduce its use. And that starts by getting everyone to think twice before hitting the print button.
VASCO Acquires Silanis for $85M
Oakbrook Terrace, Ill.-based VASCO Data Security International is investing $85 million to buy privately held Silanis Technology, a provider of Electronic Signature (e-signature) and digital transaction solutions. Montreal, Quebec-based Silanis' e-SignLive platform is used by banks, insurers and government agencies.
Silanis Technology CEO Tommy Petrogiannis claims the deal will fuel global e-signature adoption. “The strength of VASCO’s presence in the European and Asia-Pacific markets, in conjunction with the global expansion efforts that Silanis started mid-year with IBM Cloud to meet in-country data-residency requirements will help realize our global game plan,” he noted in a statement.
VASCO noted that it anticipates significant revenue synergies from the acquisition. The firm has identified demand for digital transaction solutions among its customer base and plans to immediately start selling Silanis solutions to its own global banking customers, one of e-SignLive’s main verticals.
Under the terms of the agreement, Silanis will become a subsidiary of VASCO. But Petrogiannis promised “the acquisition will not impact operations, sales and support structure, nor will it impact our product roadmap commitments or portfolio in any way."
iDatix’s New Name
Clearwater, Fla.-based iDatix is rebranding. It's changing the name of the company and its signature document management and workflow automation software to DocuPhase. The software was formerly sold under the iSynergy Document Management name.
The company boasted that it has refreshed the user experience to include "Wait Task" functionality in routing, electronic wet signatures on forms via mouse or touch screen, created a customizable landing screen on initial log-in and refined two-way interaction between Active Directory and DocuPhase.
The charges are designed to help the company compete with providers such as Square 9, Docuware and Docushare.
Iron Mountain’s Art Ambitions
Iron Mountain is buying Crozier Fine Arts, a storage, logistics and transportation firm for high-value paintings, photographs and other types of art. The transaction, expected to close Dec. 1, includes four storage facilities totaling nearly 500,000 square feet.
While Iron Mountain is best known for its data storage and management services, it also has a legacy of preserving items such as films, photographs, music recordings and historical archives.
Financial details of the acquisition were not disclosed.