11 September 2008

The expanding Chinese market needs archiving solutions

Archiving solutions vendor Mimosa Systems is expanding into China. The company has announced a distribution deal with Shenzhen Federal Software, which sells and localises Microsoft products, network appliances, software, and storage solutions into the Chinese market. Shenzhen Federal Software will sell and support Mimosa's Chinese version of Mimosa NearPoint, which provides an integrated data and storage management solution for Microsoft Exchange.

Similar to Sarbanes Oxley, China's Basic Standard for Enterprise Internal Control will bring stronger corporate governance to China's listed companies. The Basic Standard is currently in its public comment stage until 30 September, and will then undergo revisions before coming into effect on 1 July next year. The proposed regulations require new controls for publicly listed companies that can be managed with the Mimosa next-generation archiving solution for retention, discovery, regulatory compliance, content monitoring and data protection in a single, unified solution.

For Chinese companies preparing for compliance regulations, one of the greatest challenges they face is managing their exploding growth of e-mail and documents

Yuanzhong Huang, CEO, Shenzhen Federal Software “For Chinese companies preparing for compliance regulations, one of the greatest challenges they face is managing their exploding growth of e-mail and documents,” said Yuanzhong Huang, CEO of Shenzhen Federal Software. “The Chinese market is eager for a next-generation content archiving solution such as NearPoint to help companies comply with the Basic Standard requirement, and to also help them to streamline their storage environment and lower costs.”

According to IDC, the worldwide e-mail archiving applications market grew 48 percent in 2007 over the last year driven by the need for e-mail archiving to satisfy compliance, legal discovery, and storage optimization requirements. Archiving applications are a critical foundation of the legal discovery infrastructure platform market, which IDC expects to be worth more than US$22 billion by 2011.