TechNavio recognizes the following companies as the key players in the Global Enterprise Content Management Market: IBM Corp., EMC Corp., Microsoft Corp., OpenText Corp., and Laserfiche.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: ”Earlier, SMEs had limited options when adopting a system that would ensure optimal business performance. This was because they did not require, or could not afford, all the features of enterprise-class software systems. Their options were limited to freeware, low-end, or open-source solutions that mainly focused on server or network monitoring. In the last few years, many SMEs have become increasingly aware of the significance of complete visibility of their operational performance and its impact on their businesses. This trend has created an opportunity for ECM software vendors to develop new versions of their products and attract SMEs, thus improving their presence in this market. Also, with growing operations, SMEs need to find a solution for their content, storage and other features. These needs are encouraging SMEs to shift toward ECM solutions.”
According to the report, one of the major drivers in the market is the need for regulatory compliance. The fear of legal liability associated with compliance requirements is the major reason propelling organizations to adopt content management solutions worldwide.
Further, the report states that the existence of in-house content management systems is one of the major challenges confronting the market. As companies have moved into digitalization, they have often established their own in-house IT teams for ECM solutions to manage and control their enterprise content.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are HP, Hyland Software, SpringCM Inc., Alfresco Software Inc., Newgen Software Technologies Ltd., and Xerox Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-enterprise-content-management-ma…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Enterprise Computing market research, please visit https://www.technavio.com/enterprise-computing
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TechNavio Announces the Publication of its Research Report – Global Enterprise Content Management Market 2012-2016
