By Steve Jones, Vice President, Xenos Solutions Strategy
With claims that data volumes are expected to increase tenfold by 2011 from 2006 levels, and that corporations today are spending as much as 40% of their IT budgets on storage infrastructure, now more than ever, organizations must re-evaluate their data and document storage needs and look for effective ways to lower related expenses.
Despite the opportunity that High Volume Transactional Output (HVTO) presents for storage reduction, it is an area that has historically eluded the focus of vendor and end user communities.
HVTO encompasses business-critical documents such as internal operational reports and customer facing content such as statements, policies, bills, investment registers and consumer correspondence. These documents, traditionally destined for physical print and fulfilment, are typically stored in enterprise content management (ECM) systems for internal stakeholder use, customer support access, audit compliance and online customer presentation.
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