|Thursday, June 02, 2005|
|Content Management on the rise|
Forecasted as one of the most important business drivers for the near future, Content Management Solutions is on the rise.|
According to software evaluation firm TEC, significant increases has been tracked in customer demand for Content management selection projects, with numbers growing seven-fold since 2004. Over the next year, projections suggest that revenue in licensing for Content Management will grow from 1,280.8 to 1,861.4 (millions of dollars, USD) through 2009. “Due to current governance and regulatory compliance regulations, Content Management Solutions will become more and more important in order for organizations to be able to meet the requirements of these acts”, according to Hans Mercx, ECM and BPM analyst at TEC.
Research by The Standish Group shows that 52.7 percent of IT projects cost 189 percent of the original estimates. This represents $75 billion (USD) yearly that is spent on failed IT projects in the United States alone (2005). Organizations are losing billions of dollars each year because they select the wrong hardware, middleware, and software, which is due to inadequate vendor information and evaluation processes. Such losses are increasingly apparent within price-sensitive, small and medium enterprises, which require accurate IT information to be collected quickly and cost-effectively during software evaluation processes.
According to TEC, solutions for Content Management Solutions, ERP, CRM, or SCM may fail to accomplish what customers want, because customers did not begin their selection processes with a good understanding of their requirements. TEC believes that problems arise when customers do not prepare a proper request for information (RFI) to evaluate the pertinent responses from their shortlisted vendors. However, TEC states that its sophisticated means for performing requirements analysis will ease customers' selection burdens.
The TEC Content Management Evaluation Center aims to support end users to match their requirements to the functionality provided by a variety of Content Management Solutions. Organizations can use the center to analyze vendors on approximately 1,200 criteria covering Content Management functionality. Vendors presenting solutions for comparison include 80-20, AMCO, CentricMinds, Crown Peak, Day Software, Emojo, Hannon Hill, iUpload, Kentico, Numotion, Serena, SilkRoad technology, Stellent, and Snakeware. The TEC Content Management Evaluation Center (http://www.ecmevaluation.com/press) covers a broad range of features from content acquisition, approval and syndication, to document management, record management, digital asset management, workflow, and publication of the actual content.
Igor Gramc @
Get awesome blog templates like this one from BlogSkins.com