Good news from Datamonitor
. The industry trends watchdog expects global demand in Enterprise CMS
to continue climbing.
Datamonitor also predicts that the market will be worth around US$4 billion per year by 2012.The firm conducted a survey among 800 CIOs and IT managers, finding that 80 percent use some form of formal content management solution.
But managers realize the scope of many of these deployments are generally inadequate, often meeting only basic needs: Generally discrete information management issues like records management
or digital asset management
The market thus has plenty of room to ripen. Datamonitor predicts that around 20 percent of organizations will be looking to update their CMS in the next six months.
Furthermore, the enterprise CMS sector will enjoy growth of around 13 percent per annum over the next few years. What's more, 70 percent of the growth in Enterprise CMS over the next five years will be driven by small and medium sized enterprises.
Vamshi Mokshagundam, the enterprise CMS analyst at Datamonitor, has little doubt about the future prospects of the industry.
"As the workplace paradigm inexorably moves towards employee collaboration via email, intranet and new media such as blogs and wikis, enterprises are quickly realising the need to retain and harness the unstructured content generated from these activities," he said.
Computer World, UK has more on the story
Interested in the report? Visit Datamonitor