Open Text’s has reported that third quarter financial results, ending 31 March, 2009, showing the company’s global revenues up 7% quarter on quarter from 2008.
According to Pullen, “not only are more companies seeking out content management solutions, but our existing customers are now looking to expand their ECM portfolios to achieve compliance and quite simply manage greater portfolios of responsibility with fewer resources.”
Pullen says Open Text’s regional sales and support operation has doubled since this time last year and last month the company appointed StoneBridge Systems as a new partner in Australia and New Zealand.
“All our partners have been hand-picked by Open Text for their market proven ability to provide greater customer reach and support across the region as well as local expertise and a strong existing customer base.”
Pullen says part of Open Text’s growth includes planned expansion into markets such as China (Shanghai) to complement the company’s already strong existing presence in Australia, Singapore, Japan and Hong Kong.
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According to Pullen, Open Text has also augmented its already large group of key customers in the region, including Aurora Energy, Australia Post, BHP Billiton, Dexus Property Group, Energy Australia, SingTel, Cerebos Pacific Limited, Orica, Petronas, Google India, Telstra, VicRoads and Woolworths.
Pullen also says that, in line with Open Text’s growth in the Asia Pacific region, there’s a prediction from IT analyst firm, Hydrasight, that Asia-Pacific will enjoy continued growth in ECM.
And, according to John Brand, research director at Hydrasight, growth in enterprise content management solutions in the Asia Pacific region will continue, “irrespective of global economic conditions, through to at least 2012.”
Brand says that organisations are still being faced with an “explosion of information” from sources ranging from paper documents, emails, video and audio files, plus new content demands from social media applications.
“Ultimately, Hydrasight believes the enterprise content management market will be worth more than the relational database market - though it will be harder to define because of the vast number of competing vendors and implementation approaches.
“While each region across Asia Pacific has very different levels of maturity and investment capacity, commercial ECM solutions are expected to continue to dominate, especially in enterprise accounts, due to the requirement for integrated security, policy management, efficiency of storage, performance, social content and reliability of enterprise search.”