| EU
Data Protection Directive – 95/46/EC |
This directive covers the use of data held on private individuals within the EU. It mandates that data must be handled fairly and openly, limited to the purpose for which it was gathered, stored securely and limited in its distribution. Individuals have rights to access and redress for any inaccuracies.
This act is augmented by two other acts specific to the telecommunications and electronic communications sectors which look at the automatic gathering of data and its uses.
US companies can comply through the US “Safe Harbor”
scheme. |
Security
Database
Content Management
Storage
Backup
Disaster Recovery
CRM Systems
Document Management |
Operational
Operating and IT solutions emerging. |
|
EU Working Time Directive |
EU legislation designed to prevent damage to the health of workers through working excessive hours. Effects all companies of all sizes, requires various collection of data. |
Data Storage
Data Management
CRM
Various Applications |
Operational
In operation and IT systems in procurement, usually adapting ERP HR system. |
| EU Audit
Directive |
A new Directive on statutory audit in the EU. Objectives are to ensure that investors and other interested parties can rely fully on the accuracy of audited accounts and to enhance the EU's protection against the type of scandals that recently occurred in companies such as Parmalat and Ahold. |
Information lifecycle management (ILM)
Storage
Archive
Disaster Recovery
Email Management
Email Content Audit
Database
Data Mining Tools
Risk Assessment and Management Tools
Point Solutions |
Deadline
Review under way. |
| EU Electronic Data
Directive |
Requires Member states to allow filing of company records electronically. Additionally requires certain company particulars (e.g. registered address, registration number) to be all company documents, including electronic submissions, and on company websites. |
Updates to accounting packages, Data Storage and Data Management. |
Operational
IT systems being implemented. |
| Environmental Information Regulations
(2004) |
This law, which compliments the FOI Act, gives the public the right to request environmental information. Manufacturers, in particular, will have to make data available on areas such as, pollution, carbon emissions, noise, radiation, the use of genetically modified organisms and health & safety information. |
Workflow
Database
Security
Storage
Data Mining
Portal
Communications
Networking
Backup
Disaster Recovery |
Operational
Operating and IT solutions emerging. |
|
EU Waste Electrical & Electronic Equipment Directive [WEEED] |
New standard for the collection, treatment, recovery & disposal of waste material and electronics. |
Information & tracking through storage, database and potentially enhanced retail and warehouse solutions. |
Operational
Operating and IT solutions emerging. |
| Data
Protection Act |
Affects all companies, which must comply with the 8 enforceable principles of good practise in management of personal data. Takes precedence over FoI Act. |
Security
Data Management
CRM
Workflow
Document Management Systems |
Operational
Operational and demand for IT solutions as part of an integrated |
|
Sarbanes-Oxley Act (SOX) |
Act (part of 2002, Sarbanes-Oxley Act) which
mandates that all auditing firms retain
records relevant to audits and reviews
also has significant implications on
companies’ IT resources. |
Document
Retention Systems
Email Management Systems
Content Management Storage Solutions |
Operational
SOX 404 deadline for non-accelerated filers and foreign private issuers in 2007 opening IT solutions for automated reporting including US owned off-shore corporations. |
| The
Companies (Audit, Investigations and
Community Enterprise) Act |
The Act is designed to improve the reliability of financial reporting and reinforce auditor independence and auditor regulations. Includes the need to ensure disclosure of all relevant information to auditors, increased inspection with more detailed reports. |
Storage
Disaster Recovery
Database
Changes to accounting packages / software systems
Report Generators |
Operational |
| RFID Supply
Chain |
Radio Frequency Identification (RFID)
code tags attached to products to
provide greater efficiency in tracking
and identification. |
Data storage
Database solutions
Integration with ERPSCM for greater supply chain visibility and fast decision-making. |
Operational
RFID mandated by [a] leading retailers (Walmart, K-Mart, Tesco, M&S etc) [b] US Department of Defence to defence contractors, and [c] FDA for pharmaceuticals for fraud detection & clinical trials. |
ISO 20000
IT Service Management Standard |
ISO 20000 comprises two parts: ISO 20000-1 is the 'Specification for Service Management, and ISO 20000-2 is the 'Code of practice for Service Management'.
Together, these form a top-down framework to define the features of service management processes that are essential for the delivery of high quality services.
ISO 20,0000 allows IT organizations to formally certify their IT services, using ITIL [Information Technology Infrastructure Library] global best practice for IT service delivery. |
Security Management
Storage Management
Business Application Management
Server, Network & Device Management |
Operational
Rapidly adopted as the international standard for IT Service Management based upon ITIL based upon substantial TCO reduction as business case. |
|
ISO 27001
Information Security Standard |
ISO 27001 is the formal standard against which organizations may seek independent certification of their Information Security Management Systems to reduce businesses’ information security vulnerability. |
ERP solutions
IT Security Applications and services |
Operational
Rapidly being adopted worldwide as the
standard for business’ information
security. |
|
IAS (International Accounting Standards) |
International standards on accounting and the regulation of financial result calculation. Designed to improve transparency and represent a step towards a common global accounting standard. |
Enterprise
integration systems
Data gathering systems. |
Operational
The legislation will require significant
investment in appropriate systems to
facilitate internal reporting and data
gathering. |
| Chip and
PIN |
New transaction standard, requiring all retailers to up-grade their point-of-sale hardware and software. |
Point-of-Sale (PoS) technology Microchip technology
Training and service support to retailers. |
Operational
Standard rapidly being adopted by large retailers. |
| GCI (Global
Commerce Initiative) |
Headed by over 40 major international companies, the GCI
has built a set of standards in the
retail/manufacturing industries, to
promote global supply chain efficiency
and enhance consumer value. |
Electronic
Data Interchange
XML
SCM
ECMS |
Operational
Implementation taking place and integrated IT solutions for supply chain emerging. |
| UCC net |
Uniform Code Council standard for product identification designed to improve supply chain efficiency by storing all product information in its GLOBAL registry. |
Supply
Chain Technology
Database solutions
Internet solutions
Hardware (scanners) |
Operational
Standard being rapidly adopted particularly by large retailers. |
