OpenText named a leader in Gartner Magic Quadrant for Content Services Platforms
OpenText (NASDAQ: OTEX, TSX: OTEX), the global leader in Enterprise Information Management (EIM), today announced it has been positioned as a leader in Gartner's 2018 Magic Quadrant for Content Services Platforms.
"OpenText's vision for the intelligent and connected enterprise is rooted in our longstanding market leadership in content services. As companies embrace the power of AI, automation and IOT, the value and volume of data and content are rapidly increasing," said Mark J Barrenechea, Vice-Chair, CEO and CTO, OpenText.
"OpenText has been investing heavily in this vision and our customers continue to benefit from our investment in cloud, our vibrant partner ecosystem, and our continued commitment developing new and innovative applications."
According to the Gartner report: "The worldwide content services software revenue totalled $9.6 billion in 2017 (up from $8.4 billion in 2016). The overall market grew 15.7% in US dollars in 2017 (down from 16.0% in 2016)."
The report also notes: "Content services sold as standalone, on-premises products are a declining portion of the market, because packaging, with other products in a suite, or with digital transformation services, has been the more successful sales approach."
Barrenechea continued: "We believe that Gartner's survey of this market is an important moment to reflect on this changing sector, and this year is no different. As one of the most trusted industry analyst firms globally, we feel that this continued recognition from Gartner is an enormous point of pride for OpenText, our employees and our partners."
This is the second consecutive year that OpenText has been positioned as a leader for content services platforms. The company was also named a leader in the Gartner Magic Quadrant for Enterprise Content Management for 12 consecutive years.
Part of the OpenText EIM platform, OpenText Content Services help organisations readily access critical business content, when, where and how it is needed. OpenText enables organisations to connect content to their digital business to accelerate productivity, improve governance and drive digital transformation.
Click here to download a complimentary copy of the report.
* Gartner, Magic Quadrant for Content Services Platforms, Karen Hobert, Michael Woodbridge, Monica Basso, 25 October, 2018. This report was previously titled the Magic Quadrant for Enterprise Content Management.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organisation and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.