META Group, Inc. today announced the availability of its newest METAspectrum(SM) In Depth report, covering the enterprise content management (ECM) tools market. This market comprises vendors supplying software that focuses primarily on the capture, storage, retrieval, and dissemination of digital content for enterprise use and life-cycle management. The ECM market will reach $2.3B in software and $7B in services by 2007
, representing a compound annual growth rate of 15%.
"Although this is a growing market, vendors will continue to consolidate through 2005," said Charlie Brett, senior program director with META Group's Technology Research Services and lead author of the report. "By 2006, approximately 60% of Global 2000 organizations will standardize on a strategic ECM framework
, though many will maintain existing investments in tactical or line-of-business (LOB) content deployments."
Key Findings and Guidance
The Enterprise Content Management Tools report evaluates 14 vendors in this market. During the preparation of this METAspectrum, several major acquisitions were announced. This report contains evaluations and ratings based on individual vendors, and does not reflect any implications of such recent acquisitions. Future revisions of this evaluation will consider mergers and acquisitions once they are approved and finalized. The analysis found:
-- Leaders possess global presence, significant installed bases, full technology components, deep integration capabilities, robust channels/partners, and the ability to support high-volume, strategic, and enterprise deployments. Long-term vendor viability is playing an increasingly important role.
-- Challengers often exhibit a strong focus on a specific technology or vertical expertise. This segment contains both traditional document management vendors and vendors evolving to ECM from static archival, Web content, and imaging/workflow.
-- Followers generally trail due to limitations in terms of technology components or lower overall market presence. Typically, these vendors have a stronger focus in core legacy capabilities and view ECM as secondary to their core target market. Read the abstract