TechNavio today launched its report Enterprise Content Management (ECM) Market in the EMEA Region 2011-2014 based on an in-depth study. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Enterprise Applications team said, There has been a growing trend toward the use of ECM software by SMEs. With the increased rate of business operations and growth of SMEs, they are now faced with issues related to storage, documentation, retrieval and update of business processes. Though only large-scale companies initially faced these problems, SMEs, which are growing at a phenomenal rate in the EMEA region, are no longer immune to these issues. With growing operations, they need to find solutions for their content storage, documentation, and other features such as retrieval and updation of business processes. These needs are pushing SMEs toward the use of ECM solutions.
According to the report, the continued consolidation of the market through mergers and acquisitions (M&A) activity is driving the ECM market in the EMEA region. For instance, Open Text acquired Nstein and Vignette, which has enabled it to offer a much wider variety of content management solutions. Similarly, Oracle’s acquisition of Fat Wire has enabled it to offer ECM solutions that it could not have previously. M&A activity will also often result in expanded market reach coupled with improved support and services with a larger customer base.
The report also discusses that data and content overload is a major problem for businesses and the main challenge for Enterprise Content Management vendors is to find a solution that can manage the huge amount of accumulated information.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/enterprise-content-management-market-emea-2…
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TechNavio Announces the Publication of its Report – Enterprise Content Management Market in the EMEA Region 2011-2014
