The larger the business or government agency is, the bigger the volume of data it deals with. That translates into massive efforts to manage that data to meet ever-increasing compliance regulations for adequately maintaining electronic records. Any software company that can figure out how to manage this process better than its competition can become king of the vendor hill. Humans created 161 exabytes of data in 2006 alone. This was about 3 million times the information in all the books ever written, according to research firm IDC.
July 09th 2008