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OpenText CTO, Eugene Roman said he saw OpenText's position as a Leader in the Gartner and Forrester reports as 'further confirmation of our focus on helping our customers do more with their content as we continue to push forward with key initiatives around managing content in the cloud, mobility, social business and business process management."
"Since OpenText was founded 20 years ago, we have stayed true to our mission of helping companies manage business content more effectively and to driving productivity improvements," Roman said.
According to the Gartner ECM report, while budgets in many areas of information technology were under extreme pressure, enterprise content management (ECM) spending actually grew, by 5.1 percent in 2009 and by 7.6 percent in 2010. The firm also reports that ECM software revenue alone was US$3.9 billion in 2010, and forecasts that this growth will continue at an 'impressive' compound annual growth rate (CAGR) of 11.4 percent through 2015.
Gartner, which says that leaders have the highest combined scores for ability to execute and completeness of vision, and in this year's ECM report the analyst first says it placed more emphasis on 'demonstrated enterprise deployments' such as integration with other business applications and content repositories, incorporation of Web 2.0 and XML capabilities, and vertical-process and horizontal-solution focus.
In its evaluation of the ECM market, Forrester looked at vendors across 66 criteria, and positioned OpenText as a leader in each of the four segments as well as a vendor who "lead[s] the pack across all ECM technologies," citing the company's ability to provide a "one-stop shop for ECM functionality." Forrester further said "OpenText addresses foundational content with the 'strongest integration support among all evaluated vendors for [Microsoft] SharePoint."
According to Forrester's research, organisations in the ECM sector "continue to grapple with an explosion of unstructured content" while "the types of content are becoming increasingly diverse." Meanwhile, "information workers still demand simple and easy-to-use content management tools," Forrester reports.
