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Iron Mountain Joins Forces With Paragon Solutions, Adding Services For Managing Electronic Records

Stocks in this article: IRM

Iron Mountain® Incorporated (NYSE: IRM) can now advise customers on how best to store and manage electronic files, thanks to a new relationship with Paragon Solutions, an advisory consulting and systems integration firm.

Paragon’s expertise in managing electronic records rounds out Iron Mountain’s existing consulting services and solutions for hardcopy documents. The combination of the two firms now gives customers a more comprehensive partner that can help them better store, access and use their information, regardless of its format.

Announced today at the start of the ARMA 2013 Conference & Exhibition, the relationship offers clients a mix of technology and consulting for tackling common information challenges. These include ensuring information pertinent to a lawsuit can be found quickly, improving records-retention policies and implementing enterprise content management technology.

“Our customers must manage a complex data environment of physical and electronic information, making sure it’s both secure and accessible,” said Blaine Rigler, senior vice president and general manager, Records Management for Iron Mountain. “To help our clients meet their challenges, we seek partners who can complement our strengths and make our offerings as comprehensive as our customers’ needs. Paragon better enables us to help organizations achieve information governance.”

The practice of information governance inside most companies strives to mitigate risks like potential data loss, regulatory noncompliance and discovery unpreparedness, with the rewards of uncovering business intelligence in the data. The job has never been more complex with the rapid growth of information and the expanding landscape of regulations.

“We think this is an ideal marriage, coupling Paragon’s years of digital information governance expertise with Iron Mountain to deliver a complete set of solutions our mutual clients need and value,” said Erik Raper, senior vice president, corporate alliances for Paragon Solutions.

Iron Mountain’s solutions allow organizations to centralize the management of physical and electronic records, making it easier to apply one set of policies for access rights, retention periods and destruction protocols, regardless of where information is stored. The company offers consulting for assessing and improving records programs, as well as services for information destruction, data backup and recovery, and document scanning. As a result, organizations can find information faster, lower their risks of noncompliance and cut storage costs.

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