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IS THE MARKET FOR FADGI-COMPLIANT SCANNERS POISED FOR SUBSTANTIAL  GROWTH?

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In 2019, the U.S. Federal Government’s National Archives and Records Administration (NARA) issued M-19-21, a Memorandum calling for the digitization of government records. One of its mandates stated that all permanent records held by Federal agencies needed to be converted to electronic files with appropriate metadata for eventual transfer to NARA. This could involve some 50 billion documents.

The original deadline for compliance was Dec. 31, 2022, which partially because of the effects of COVID, has now been extended to June 30, 2024. In May 2023 , it was finally confirmed that these digital records would have to meet FADGI 3-Star compliance to be accepted by NARA.

For the past several years, multiple scanner vendors have been creating FADGI 3-Star compliant packages for certain scanner models, but to date sales have been slow. So, with the revised deadline looming and the required compliance with the FADGI 3-Star standard now verified, the question arises: Is the market for FADGI-compliant scanners ready to explode?

Infosource recently published a report addressing this question as well as others including:

  1. What is FADGI?
  2. What does the competitive landscape look like for FADGI-compliant scanners?
  3. Do agencies understand the FADGI guidelines and how they can achieve compliance?
  4. When are agencies and/or service bureaus implementing FADGI and/or looking to purchase FADGI compliant devices?
  5. Will FADGI compliance impact other vertical markets?
  6. Are there any FADGI (ISO-19264)-related opportunities outside of the U.S. market?

If you are interested in this report, which includes a presentation by Infosource analysts, please contact Barbara Richards in the U.S., [email protected] or Mark Nicholson in Europe, [email protected].

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