Extract from Jim Gill’s article “Why a Global Approach to InfoGov is Necessary with Today’s Emerging Markets”
The Legal Technology industry tends to focus heavily on North America, and in many ways, it’s easy to see why. After all, technologies and workflows must align with the jurisdictions they are serving, which vary not only from country to country, but state to state.
But when it comes to Information Governance and the management and security of enterprise data, it’s easy for those lines to get blurred. After all, data can exist in multiple locations (or no location at all) simultaneously, and today’s corporations do business with clients and legal partners globally, which means their data is also global.
One might cite the fact that the United States is still the world’s leading economy, with an estimated 21 Trillion USD in Gross Domestic Product. But emerging global markets, such as the BRICS economic bloc, show that industry, commerce, and the data that goes with them, doesn’t just exist in the US.