EDM Spend to Double by 2009


Spending on enterprise data management projects will double over the next four years as firms come to grips with increased data burdens mandated by regulatory pressures, according to a report from Boston-based consultancy Aite Group.

According to the report by managing partner Sang Lee, spending on EDM projects will rise at a compound annual growth rate of 15 percent over the next four years, growing from $1.1 billion last year to more than $2 billion by 2009, compared with a projected CAGR o