There are 5 different things that can contribute to System Volume Information folder size,
1) System Restore points. You can disable System Restore from the "System" control panel.
2) Distributed Link Tracking Service databases for repairing your shortcuts and linked documents. (note this service can be disabled for most users)
3) Content Indexing Service databases for fast file searches. That is the content indexer itself, busy scanning your files and building its database so you can search for them quickly. (If you created a lot of data in a short time, the content indexer service gets all excited trying to index it.)
4) Information used by the Volume Snapshot Service (also known as "Volume Shadow Copy") so you can back up files on a...