In an interesting turn of events, Iron Mountain announced it was getting out of the digital records management business. Selling its business lines to Autonomy, a European technology services firm, Iron Mountain returns to its roots as an efficient off-site records management firm.
Never profitable for the company, Iron Mountain Digital, always seemed like a sideline business for the firm. While those working in the unit were dedicated professionals, their pricing, offerings, and technology did not always stand up well to the competition. And, the company was never able to convey an integrated approach to hard copy and electronic records management.
The sales leaves current Iron Mountain customers somewhat stranded. While Autonomy will no doubt continue operations for a period of time, one must expect that at some point in the future customers will be asked, encouraged, or forced to migrate over to Autonomy’s systems and solutions. Also unclear is what will happen to local support.
Fortunately, customers can take the initiative and explore their options. With minimal overlap of services, customers can migrate to other online backup solutions that offer more features at a lower cost.
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