StoredIQ, a global leader in actionable information governance solutions for eDiscovery, records management, compliance and storage management, today announced support for cloud-based Exchange and SharePoint data residing within Microsoft Office 365 (formerly Microsoft Business Productivity Office Suite – BPOS). With this extended capability, Microsoft Office 365 customers can utilize StoredIQ to gain the same deep visibility and understanding of their cloud-based email and SharePoint data as they do with StoredIQ’s on-premise information governance solutions.
Customers, including a major U.S. car manufacturer, are using StoredIQ to quickly connect to Microsoft Office 365 to identify, collect and manage Exchange email and SharePoint data for responding to eDiscovery requests, applying records policies, and adhering to regulatory compliance mandates. As a result, StoredIQ provides enterprises with actionable information governance solutions to realize the benefits of cloud computing while still fulfilling their legal and compliance requirements.
According to 451 Research, a division of The 451 Group, cloud computing continues to grow at a compound annual growth rate of 24 percent and will reach $16.7 billion in revenue by 2013. “As enterprises continue moving data to the cloud, information governance challenges are becoming more complex,” said David Horrigan, analyst, eDiscovery and information governance at 451 Research. “StoredIQ’s Platform connects to Microsoft Office 365 and indexes its data, combining the ability to identify, collect, and manage cloud-based data for legal discovery and records management into an integrated information governance application as a means of preempting litigation and reducing potential legal risks associated with cloud data storage.”
“As a way to minimize storage costs and IT investments, we are seeing more and more customers move data to the cloud,” said Amir Jaibaji, vice president of product management for StoredIQ. “Whether on-premise or in the cloud, StoredIQ can provide a highly scalable solution for governing all enterprise data and ensure that data placed in the cloud is discoverable for litigation, regulatory inquiries, and records retention scheduling.”
StoredIQ’s support for Microsoft Office 365 includes:
- Identification and collection of data from both Microsoft Exchange Online and Microsoft SharePoint Online
- Integration with Active Directory
- Auto–detection of both mailboxes and SharePoint sub-sites in the cloud
- Connection throttling to Microsoft Office 365 in order to maximize network efficiency
- Managed security and access, along with automatic activity and chain-of-custody reporting
StoredIQ is a global provider of actionable Information Governance solutions, enabling organizations to gain visibility and control over business-critical information to meet their compliance, information management and legal discovery requirements. The company provides a range of integrated solutions for fast response to litigation and investigations, for proactive “litigation readiness,” and for information protection and risk management, as well as storage management. Industry-leading companies rely on StoredIQ’s award-winning technology to streamline their information management and eDiscovery processes to reduce the risk, complexity and cost of litigation.