OpenText Positioned as a Leader in the 2010 Magic Quadrant for Enterprise Content Management
Evaluation Based on Completeness of Vision and Ability to Execute
Waterloo OpenText announced it has been positioned by Gartner, Inc. in the “Leaders” Quadrant of the “Magic Quadrant for Enterprise Content Management” based on the company’s ability to execute and its completeness of vision.
The Gartner report helps CIOs and business and IT leaders who are developing ECM strategies to assess whether vendors have the right products and enterprise platforms to support them. View the full report here: Gartner Magic Quadrant for Enterprise Content Management 2010
According to the report, “Leaders have the highest combined scores for Ability to Execute and Completeness of Vision. They are doing well and are prepared for the future with a clearly articulated vision. In the context of ECM, they have strong channel partners, presence in multiple regions, consistent financial performance, broad platform support and good customer support. In addition, they dominate in one or more technology or vertical market.
Leaders deliver a suite that addresses market demand for direct delivery of the majority of core components, though these are not necessarily owned by them, tightly integrated, unique or best-of-breed in each area. We place more emphasis this year on demonstrated enterprise deployments; integration with other business applications and content repositories; incorporation of Web 2.0 and XML capabilities; and vertical-process and horizontal-solution focus. Leaders should drive market transformation. There are six Leaders in this year's Magic Quadrant.”
The report notes that, “ECM is becoming as much an essential part of enterprise information infrastructure as it is an investment in strategies suites and solutions.” Gartner forecasts the total software revenue in the ECM market will grow at a compound annual rate of 10.1 percent through 2014. Strong growth is expected to start in 2010, with growth rates climbing to double digits and worldwide ECM software revenue exceeding $5.7 billion by 2014.
“We believe OpenText’s position as a ‘Leader’ in the Enterprise Content Management quadrant by Gartner confirms our continued investments in offering customers the industry’s most comprehensive, fully integrated ECM solution suite,” said Lubor Ptacek, Vice President of Product Marketing at OpenText. “With the recent debut of ECM Suite 2010, our largest innovation effort in the company’s history, OpenText’s core focus is helping our customers across the globe regain control and effectively manage their content so they can run a more productive and profitable business.”
OpenText gives organizations the power to move ECM beyond projects or functional deployments, where ECM crosses systems and departments to add greater value, helping to reduce costs, increase productivity and drive revenue growth. The unique value of ECM Suite 2010 is its combination of integrated technologies covering all aspects of ECM.