Features: EMC Corporation has launched its compliance range of solutions aimed at helping Indian companies to comply with the regulatory requirements in the country.
Talking to the media after the launch of EMC Centera with EMC EmailXtender for E-mail Archival and EMC Centera with EMC Documentum for Content Management, in Delhi, Manoj Chugh, president of EMC for India and SAARC Region, said that regulatory compliance would drive the next wave of IT investment by organizations in India.
“This is all about intelligent management and protection of an organizations’ data to comply with the rules and policies mandated by each regulatory act. The absence of a centralized information infrastructure, allowing the implementation of information management policies across the organization, makes compliance very difficult,” he said.
Stating that regulatory compliance required organizations to look at information across its entire lifecycle as it impacts all the aspects; ranging from retention period, to retention policy to data authenticity, he said the need to proactively adopt a company wide information infrastructure to manage these aspects and support compliance is necessary.
“EMC, with its expertise in information lifecycle management and its comprehensive portfolio of email archiving and content management solutions, can help organizations in India address their immediate and future compliance needs. With over 10,000 listed companies and over 600 ITeS /BPO organizations in India, we see tremendous potential for our compliance solutions across the country,” Chug added.
Talking on the emerging significance of regulatory compliance, Pavan Duggal, Advocate, Supreme Court of India, and a leading cyber law expert said: “Multiple regulations today define and govern the way business is done worldwide. Fines, penalties, and worst of all; loss of reputation for non-compliance, are driving companies to address compliance as a serious issue.”
“India’s increasing prominence in the global business landscape compels Indian organizations to assess the legal implications of many such regulations. From a legal perspective, data integrity is of prime importance, and organizations need to immediately evaluate their information management and protection strategies and consider partnering with specialists like EMC who offer the right solutions and expertise to help companies deal with compliance,” Duggal added.