Iron Mountain News & Articles

Last year Iron Mountain sold off its digital assets to Autonomy. Then Autonomy got gobbled up by HP and we thought that was that. But any fears that Iron Mountain exited the information management space can be put to rest by today’s announcement of its new records management product that works with SharePoint.

Walking the halls at ILTA it’s very clear how far the legal tech community has come. Wasn’t it just two years ago that vendors in the e-Discovery space were talking about how lawyers should get empowered to adapt new technologies into their workflow? And now, not only have they begun to adapt, they’re reshaping the landscape of legal tech.

This week there is OpenText’s announcement that Metastorm BPM has been given some very serious security certifcation, EMC buys Syncplicity and offers cloud governance, Iron Mountain outlines the problems created by SharePoint and Social Media in records management and BWise moves on from acquisition.

Even with the Thanksgiving weekend, there’s been a few notable releases in the document management space. KnowledgeTree announces the release of the Private Cloud edition of document tools, harmon.ie offers SharePoint functionality in LotusNotes, while iNimated offers access to PC documents via iPad. Iron Mountain has also been busy.

In a financial reporting season that can’t have disappointed anyone, Autonomy has been no exception. The British infrastructure software company reported revenues of US$ 256 million for the second quarter of 2011, up 16% from the same quarter in the previous year.

It has also been busy this week in the GRC space. For Lotus Notes, Daegis has announced functionality on its e-Discovery platform that enables enterprises to preserve collaborative application data throughout the e-Discovery process, Iron Mountain and GimmalSoft get together for SharePoint 2010 records management, there’s new archiving abilities for Office 365, OpenPeak secures Android, and BIA offers e-Discovery on iPads and iPhones.

For those who are not happy with the records management functionality of SharePoint 2010, the latest partnership between Iron Mountain (news, site) and GimmalSoft (news, site) will be welcome as the companies are getting together to develop a means of managing both physical documents and electronic files for SP 2010.

While the sight of a business manager bristling with indignation over “inefficiencies” in the enterprise is a common one, and one of the accepted methods of increasing productivity is better business processes, research published by Iron Mountain would seem to suggest that, from an IT perspective, a good deal of the problem lies with institutionalized inertia rather that with particular products or workforce segments.

This week, Microsoft announced that it will be enhancing the security of Office with the acquisition of Prodiance, kCura upgrades its e-Discovery platform, Autonomy closes acquisition of Iron Mountain’s digital assets and gets DoD certification for Records Manager, while Aveska offers governance for unstructured content in SharePoint.

The big event in the GRC space this week was the release of Gartner’s first Magic Quadrant for e-Discovery. Otherwise, RSA and SOA have integrated to provide cloud security, OpenLogic offers new collaboration capabilities for compliance, Iron Mountain shows that enterprises are still struggling to find files, while companies worried about GRC can learn it from ARC Logics.

This week, SAP brings business analytics to GRC, researchers in Germany say they have identified a security hole in Android, Autonomy has bought the digital assets of Iron Mountain, VMWare has been on the acquisition trail and Compliance 360 releases Universal Assessments.

Autonomy (news, site) announced today that it is acquiring Iron Mountain’s archiving, e-discovery and online backup business for US$ 380 million in cash. This acquisition makes Autonomy big. How big? According to company statistics, Autonomy is now responsible for 25 petabytes of customer data and over 25,000 customers, who will now have Autonomy's advanced  technology for information governance in private clouds.

While there hasn’t been a lot in terms of new releases this week, the ongoing problems in Iron Mountain are again in the spotlight, while research from both the not-for-profit ISACA, as well as SaaS GRC vendor Compliance 360, shows that compliance will be the major concern for enterprises in the coming 12 months. GRC was also mentioned at last week’s Oracle Collaborate conference.

At a time when technology journals are reporting on a weekly basis about advances in cloud computing, ongoing cloud deployment and how lucrative the cloud market is and will be, the announcement that Iron Mountain (news, site) is stepping out of the public cloud storage market is somewhat of a surprise.

This week has seen a considerable amount of cloud action among vendors including Modulo, which has taken its risk manager into the cloud; Iron Mountain, which offers medical records access in the cloud; and Compliance 360 has added flexible reporting to its platform. Autonomy, meanwhile, offers e-Discovery across social media.