Iron Mountain Incorporated (NYSE:IRM) has announced plans to collaborate with Microsoft Corp. (NASDAQ: MSFT) and capitalize on Microsoft’s forthcoming 2007 Microsoft® Office system platform to help organizations address the e-records management challenges they face in connection with compliance and litigation.
In marrying Iron Mountain’s expertise in records management policy, process, and archiving with Microsoft’s commonly-used office and collaboration platform technologies, the two companies intend to build a policy-based, lifecycle e-records management solution that will be practical and cost effective. The Microsoft-Iron Mountain collaboration is expected to benefit customers in three key ways:
• Native records classification and retention capabilities. Drawing on enhancements in Microsoft Office SharePoint® Server 2007 and Exchange Server 2007, customers would be able to easily apply records classification and retention policies to documents, as users go about their normal computing activities.
• Cost-effective, long-term e-records archiving capabilities. As information grows in volume or becomes less frequently accessed, businesses would be able to automatically archive these records from SharePoint Server 2007 and Exchange Server to Iron Mountain’s hosted digital archive, where the retention policies will be consistently administered.
• Compliant eRecords management policies and process. Iron Mountain Consulting services would help each customer create its own policy, process and compliant records management program that can be specifically implemented through Microsoft Office SharePoint Server 2007 and Exchange Server 2007.
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