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Content Management Revenue Growth Bucks Technology Trend
2003-04-28 admin
Documentum''''s rose from $25.1 million to $34.4 million.
FileNet''''s rose from $31.2 million to $35.5 million.
Mobius'''' rose from $5.2 million to $9.4 million.
Open Text''''s rose from $15.5 million to $19.0 million.
Hummingbird did not break out its license revenue.
License revenue at several content management vendors jumped in the first quarter of 2003, observe analysts at Gartner.
Among the content management vendors which reported revenue growth from last year, the analyst firm looks at Documentum, FileNet , Hummingbird, Mobius Management Systems, Open Text
“In addition to stable or growing revenue, four vendors also reported strong growth in software license sales from calendar 1Q02 to 1Q03” says a recent brief, with a summary of results as follows
According to the analysts growing political and social forces demanding greater corporate accountability will drive enterprises to increased adoption of content and records management technologies
With renewed sales and license growth, enterprises can have more confidence in the viability of the content management market. But in making decisions about new implementations, enterprises should first determine what role content management should play in a unified application strategy and select a vendor whose product strategy provides a good match.
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