CMS Watch Finds Lower-Cost ECM Alternatives Thriving
| Manoj Jasra - Tuesday, October 07, 2008 1 Comments |
Enterprise Content Management (ECM) technology buyers are under pressure to cut costs and justify expenses at a time when small and mid-market vendors are now providing less expensive alternatives to larger ECM vendors.
Enterprises typically use ECM technology to automate manual processes and reduce information redundancy, thereby improving efficiency while reducing staff and infrastructure costs.
This analysis stems from research CMS Watch conducted for its recently released "ECM Suites Report 2009," which evaluates forty ECM solutions head-to-head.
As part of The ECM Suites Report 2009, CMS Watch released the newly updated "ECM Suites Cross-Check(tm)" diagram – offering a buyer-oriented risk assessment of the ECM marketplace. The diagram specifically addresses vendors' evolution as it relates to product development, providing an overall marketplace assessment.
Specifically, the chart suggests that:
Enterprises typically use ECM technology to automate manual processes and reduce information redundancy, thereby improving efficiency while reducing staff and infrastructure costs.
This analysis stems from research CMS Watch conducted for its recently released "ECM Suites Report 2009," which evaluates forty ECM solutions head-to-head.
"ECM technology buyers are in a unique position," notes Alan Pelz-Sharpe, lead analyst for the report. "ECM provides many opportunities for cutting real costs, while marketplace evolution continues to make such technology more and more affordable," adds Pelz-Sharpe.
As part of The ECM Suites Report 2009, CMS Watch released the newly updated "ECM Suites Cross-Check(tm)" diagram – offering a buyer-oriented risk assessment of the ECM marketplace. The diagram specifically addresses vendors' evolution as it relates to product development, providing an overall marketplace assessment.
Specifically, the chart suggests that:
- Market leaders continue to represent the highest risk to buyers in terms of product stability and corporate change (IBM, EMC, Microsoft), due to continued rapid development of new product features and the difficulty of digesting acquired assets
- Mid-market and small specialist vendors today typically represent a lower risk in terms of both product and corporate stability (e.g., Hyland, Saperion, EVER, Laserfiche, Xythos, ISIS, and KnowledgeTree, among others)
The ECM Suites Report 2009 is available for purchase online from CMS Watch (http://www.cmswatch.com/).
Great post Manoj,
Another way that many companies are "improving efficiency while reducing staff and infrastructure costs," is by switching a lot of former manual processes to Saas-model business tools. One are that is seeing a lot of growth in this area is online document storage. Many small businesses have to rely on a staffed position to maintain their files.
While there are many consumer Saas tools to store data online, there are few reliable small business tools that do this. One new tool, DocLanding, http://www.doclanding.com, offers some very nice security and document annotation features. If you are interested in checking out the tool, you can sign up for a free account (up to 256MB) at http://www.doclanding.com.
Keep up the great posts,
Will