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NAICS Code 493110-01 Description (8-Digit)

The Records-Stored industry involves the storage and management of physical records, such as paper documents, microfilm, and other media. This industry is responsible for the secure and organized storage of records for businesses, government agencies, and other organizations. Records may include legal documents, medical records, financial statements, and other sensitive information that must be kept confidential and accessible.

Hierarchy Navigation for NAICS Code 493110-01

Parent Code (less specific)

Tools

Tools commonly used in the Records-Stored industry for day-to-day tasks and operations.

  • Barcode scanners
  • Document management software
  • Fireproof safes
  • High-density shelving systems
  • Inventory tracking software
  • Label makers
  • Locking file cabinets
  • RFID technology
  • Security cameras
  • Shredders

Industry Examples of Records-Stored

Common products and services typical of NAICS Code 493110-01, illustrating the main business activities and contributions to the market.

  • Medical Records Storage
  • Legal Records Management
  • Financial Document Storage
  • Government Records Archiving
  • Historical Document Preservation
  • Educational Records Storage
  • Human Resources Document Management
  • Insurance Records Storage
  • Real Estate Document Archiving
  • Engineering Records Management

Certifications, Compliance and Licenses for NAICS Code 493110-01 - Records-Stored

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Certified Records Manager (CRM): A professional certification for individuals who manage records and information. The Institute of Certified Records Managers (ICRM) provides this certification.
  • Certified Document Imaging Architect (CDIA+): A certification for professionals who design and implement document imaging solutions. CompTIA provides this certification.
  • NAID AAA Certification: A certification for companies that provide secure destruction services for paper or electronic media. The National Association for Information Destruction (NAID) provides this certification.
  • FACTA Disposal Rule Compliance: The Fair and Accurate Credit Transactions Act (FACTA) Disposal Rule requires businesses to take appropriate measures to dispose of sensitive information derived from consumer reports. The Federal Trade Commission (FTC) enforces this rule.
  • HIPAA Compliance: The Health Insurance Portability and Accountability Act (HIPAA) requires healthcare providers and their business associates to protect the privacy and security of patients' protected health information (PHI). The Department of Health and Human Services (HHS) enforces this regulation.

History

A concise historical narrative of NAICS Code 493110-01 covering global milestones and recent developments within the United States.

  • The "Records-Stored" industry has a long history dating back to ancient times when people used various methods to store important documents and records. In the 19th century, the industry saw significant growth with the introduction of the first commercial record storage facilities. In the United States, the industry experienced a boom in the 1950s and 1960s with the advent of electronic data processing and the need for secure storage of paper records. In recent years, the industry has continued to evolve with the introduction of cloud-based storage solutions and the increasing demand for digital record-keeping.

Future Outlook for Records-Stored

The anticipated future trajectory of the NAICS 493110-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Records-Stored industry in the USA is positive. The industry is expected to grow due to the increasing demand for secure and efficient storage of physical records. The rise of digitalization has not eliminated the need for physical records, and many businesses still require secure storage for their paper documents. Additionally, the industry is expected to benefit from the increasing need for compliance with data privacy regulations. As businesses face stricter regulations, they will need to ensure that their physical records are stored securely and in compliance with the law. Overall, the Records-Stored industry is expected to continue to grow in the coming years.

Industry Innovations for NAICS Code 493110-01

Recent groundbreaking advancements and milestones in the Records-Stored industry, reflecting notable innovations that have reshaped its landscape.

  • Automated Storage and Retrieval Systems: These systems use robotics and automation to store and retrieve records quickly and efficiently, reducing the need for manual labor and increasing accuracy.
  • Cloud-Based Record Storage: This innovation allows businesses to store their records in the cloud, providing easy access from anywhere and reducing the need for physical storage space.
  • RFID Tracking: Radio-frequency identification (RFID) technology allows businesses to track their records in real-time, improving inventory management and reducing the risk of lost or misplaced records.
  • Mobile Record Shredding: This service allows businesses to have their records shredded on-site, reducing the risk of data breaches and ensuring compliance with data privacy regulations.
  • Climate-Controlled Storage: This innovation provides specialized storage environments for records that require specific temperature and humidity conditions, ensuring that the records remain in good condition over time.

NAICS Code 493110-01 - Records-Stored

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