(MoneyNewsWire.Net, September 27, 2018 ) Enterprise content management can be defined as a process of accurately defining, sourcing, integrating, storing, and effectively retrieving and reconciling massive amounts of enterprise documents and making the right document .available at the right time. Most of the business personnel involved in making strategic decisions rely on the enterprise content produced inside organizations. This content is highly unstructured and scattered. Therefore, a majority of the organization’s time is taken up in the search, transformation, processing, and extraction of the suitable content to construct the necessary business models and implement them strategically to improve decision making in organizations. Making vital business data easily available and in structured documents form can result in increased efficiency and reduced overhead costs of content management.
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Objectives of the Study: The main objective of this report is to define, describe, and forecast the Enterprise Content Management market on the basis of segments which include component, deployment type, organization size, business function, vertical, and region. The report provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges).
Industry Ecosystem The ECM ecosystem comprises service and solution providers such as Microsoft Corporation (US), IBM Corporation (US), Hyland Inc. (US), OpenText Corporation (Canada), Oracle Corporation (US), Laserfiche (US), Newgen Software (India), and M-Files (US).
The report forecasts the market size with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The report strategically profiles key players and comprehensively analyzes their core competencies. This report also tracks and analyzes competitive developments such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities in the ECM market.
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