Wednesday 11 February 2015, Amsterdam
The new report recognizes the following companies as the key players in Global SaaS-based ECM Market: EMC Corp., OpenText Corp., Oracle Corp., SpringCM Inc., Alfresco Software Inc., Fabasoft AG, HP Co., Hyland Software Inc., KnowledgeTree Inc., Limelight Networks Inc, and Software Innovation.
Commenting on the report, an analyst from the new reports team said: “Continuous developments in cloud computing and mobile technology have enhanced the traditional ECM trends and practices. Hybrid cloud-based ECM is seen as an emerging opportunity for organizations that use cloud applications without compromising the security of business-critical content. Hybrid SaaS-based ECM solutions are seen as the right model for enterprise solutions as they allow end-users to move their content to the cloud. Organizations are still in the early stage of this shift because many organizations are exploring the private cloud and virtualization. However, some organizations are planning to run their own data centers to move all their mission-critical applications to the cloud. In addition, hybrid ECM is a suitable solution for cloud-based applications because mobile users can enhance the collaboration without disturbing existing production applications.”
According to the report, one of the major drivers in the market is the need for effective management of corporate information. ECM helps store and publish content as well as maintain a collaborative environment. This in turn provides information to professionals regarding their existing and new clients as well as new ventures undertaken by the organization. Hence, ECM systems offer a user-friendly experience to customers by pushing targeted content including email management and campaign management.
Further, the report states that one of the major challenges confronting the market is data security concerns. Data security is critical for most businesses because client information, payment information, personal files, bank account details, and other confidential information can be difficult to replace. Also, this information can be dangerous if it is available to third parties. Data breaches or leaks are the major concern mentioned by customers during contract negotiation for on-demand solutions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.technavio.com/report/global-saas-based-ecm-market-2014-2018
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