Research and Markets, a research group that tracks the Enterprise CMS
industry, has released a report that predicts the Enterprise CMS and Document and Records Management (DRM) markets will see drastic growth in the coming years, with sales numbers more than doubling from US$ 1.6 billion now to US $3.5 billion in 2012.The report
goes on to say that the first wave of DRM systems
was adopted by groups within enterprises that needed a system to fill a team or a department's need. Now, entire enterprises are looking to bring Enterprise Content Management Systems online and are considering a different product altogether. This second wave of wider CMS adoption will be fruitful for those companies in the Enterprise CMS market, such as Microsoft and IBM.
Why Enterprise CMS?
Why are organizations looking at different content management solutions? Three reasons are becoming prevalent:
# The company or group was not satisfied with the original content management system they selected
# Their implementation did not go well, spoiling the adoption process
# The enterprises’ needs have changed, resulting in a new set of requirements for an enterprise content management system
DRM's Importance in the Enterprise
Organizations of all sizes are looking to utilize DRM systems to contain and house the vast amounts of records and operational data the enterprise depends upon for day-to-day operation. Implementation failures occur, according to the study, most often when an implementation team fails to gather requirements properly -- especially, those surrounding the kinds of information an organization uses.
Another costly error presents itself when a team does not respect information that is not meant to be in the public domain is leaked
, causing Intellectual Property issues.
What Are the Options?
New developments in the enterprise CMS market are attractive to potential customers as well. Microsoft, with the release of Microsoft Office SharePoint Services 2007, is an attractive option
for many companies that have already invested into a Microsoft-centric server environment. Microsoft is positioning SharePoint
to be an attractive extension of Microsoft Office for workgroups to collaborate on, as well as a robust platform to build enterprise-focused applications to deliver Business Intelligence
and business data solutions upon.