There’s money in that old filing cabinet, as the lower cost of data storage has led to many businesses converting their paper files to a digital format.
So far, there has been a number of companies like Document Mall that have gotten into the document management business, but today’s announcement that Google will begin testing a Medical Record Storage Branch makes it clear that there is long term potential for this market.
Medical records are an obvious first step in the file storage industry. The ability to access health information from any computer would be a huge benefit in treatment. Imagine, a doctor being able to pull up a full medical history from an emergency room. They’d know blood type, allergies, and treatment history in an instant. However, many all businesses could benefit from digital data management. Not only would it eliminate the days of misfiled paperwork, but it would be a great protection in case of disaster. Your paper files can’t stand up to fire or lood, but digital ones can.
Digital Document Storage is the way we will be sharing information in the future. There is money to be made in helping transfer paper files to digital data.
