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Symantec to Bet on Data Archive Biz (Asia)

This article was originally published in PharmAsia News

Executive Summary

U.S.-based security software-maker Symantec is looking to increase its Asian data-archiving business, especially in India, in light of the booming Asian clinical and pharmaceutical research sectors. India's clinical research outsourcing market is growing at around 20 percent per year, reports Frost & Sullivan. Symantec believes data-archiving for this and other industries also is growing at the same pace. Asian data management needs in general--not considering Japan--comprises an expanding business growing at around 16.6 percent per year, with India's data needs expanding at 27.7 percent, according to estimates. (Click here for more

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