Like any movement in the U.S.
macroeconomy, the current banking implosion and subsequent credit contraction
are hurting a lot of enterprises, but it also is uncovering some opportunities
for those in the right place at the right time.
As the government takes over banks such as Washington Mutual and investment
houses such as Bear Stearns, you can bet plenty of digital research is starting
up behind the scenes to find out who made what bad decision and why. They're
also going to be looking for who was cheating, who knew what (and when did they
know it), and who ended up with money they weren't supposed to have.
There is renewed interest in the e-discovery software sector, along with other
subsets of the IT market, such as secure and managed file transfers, risk
management software, enterprise search, and second-tier disk and tape backup
and archiving.
E-discovery
search and storage providers await a litigation boom following the financial crash.
Click here to read more.
It's funny what a real-life crisis can do to compel businesses—as well as
individual citizens—to think and plan ahead. As a result of this growing
national problem, there appears to be an Iron
Mountain (pun intended) of work
ahead for so many people.
Prosecutions, indictments, lawsuits and civil actions are forthcoming. Lawyers are
going to be busier than usual for the next few years on these cases. They will
be scouring through disk- and tape-based storage on all levels for documents,
e-mails, spreadsheets, Web archives, PowerPoint presentations, IM
transcriptions, audio tape and videos to find out the truth.
No desktop, laptop, storage array, tape cartridge, cell phone, BlackBerry,
database, Web page or memory stick involved in any of this will be left
untouched.
We thought we would break down these categories and examine their busyness
prospects.
5
Technology Businesses Poised to Boom in the Financial Crisis. Click here for
the full list.