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Targeting the demand for a unified digital market

Jaclyn Jaeger | July 11, 2016

Many companies around the world and across industries now use digital signatures to conduct business transactions—but incompatible digital signature technologies traditionally have made the process cumbersome, not to mention fraught with security weaknesses. A group of cloud-service providers is now looking to change that.

Paper signatures are the slowest and least efficient way to sign a document and certainly the least secure. According to a global survey conducted by IDC—a market research, analysis and advisory firm—46% of 1,518 line-of-business leaders surveyed said they aren’t sure they always have copies of all signed agreements. More than a third said they have problems with agreements that are missing signatures, initials, or dates—or that have been signed by the wrong person.

Another 51 percent of respondents to the IDC survey said they have problems with...

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