Machine learning has emerged as an important tool in the field of data security. The introduction of machine learning technology for data security is shaping the enterprise file synchronization and sharing (EFSS) market. In addition, in 2021, Marriott International reported that hackers gained access to 5.2 million records, including personal data of visitors through employee login information at one of their franchise facilities. To protect data, enterprise file-synchronization and sharing (EFSS) platforms integrate security features such as authentication, data encryption, containerization, and tracking.Īccording to IBM’s 2020 Cost of a Data Breach Report, the cost of data breach incidents is $8.64 million, the highest in the world, followed by the Middle East at $6.52 million. Many businesses are concerned about the security of their digital data. Data protection is an important aspect of an overall security plan that includes identifying, evaluating and mitigating threats associated with protecting sensitive data. Rising data security concerns are expected to fuel the growth of the enterprise file synchronization and sharing market in the coming years. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Asia Pacific is expected to be the fastest growing region in the forecast period. North America was the largest region in the enterprise file synchronization and sharing (EFSS) market in 2021.
It has been implemented in various verticals such as IT and Telecommunications, Banking, Financial Services, and Insurance, Retail, Manufacturing, Education, Government and others. Various deployment modes include on-premises and cloud and are used in enterprise content management systems, enterprise storage, and backup, enterprise document collaboration, enterprise mobility, and more. The ability to use the cloud to provide employees with important files while maintaining security controls is known as an enterprise file synchronization and sharing (EFSS) solution. Posted in Analytics, Archiving, Audit, Backup, Business Continuity, Business Intelligence, Capture, Change Management, Communications, Compliance, Content, Content Management, Content Services, Content Strategy, Data Analytics, Data Governance, Data Management, Data Storage, Digital Preservation, Digital Transformation, Discovery / eDiscovery, Disposition, Document Management, Document Strategy, Electronic Records Management, Enterprise Content Management (ECM), Enterprise File Synchronization & Sharing, Enterprise Search, Featured, Foundational Concepts, Imaging, Information Access, Information Analytics, Information Architecture, Information Assurance, Information Governance, Information Management, Information Security (Information Protection), Information Technology, Interoperability, Knowledge Management, Knowledge Strategy, Legal, Metadata, Metrics, Migration, Mobility, Native Creation / Upload, On-Premises, Physical Records Management, Privacy, Process Automation, Process Management, Records Management, Records Strategy, Retention, Retention Management, Scanning, Search, Taxonomy, Vital Records, Web Content Management, Workflow.The core components in enterprise file synchronization and sharing are solutions and services. Written by ARMA International on December 31, 2019. Introducing the Information Governance Implementation Model (IGIM)
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