{"id":2120,"date":"2011-05-23T07:00:12","date_gmt":"2011-05-23T15:00:12","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=2120"},"modified":"2011-05-23T07:00:12","modified_gmt":"2011-05-23T15:00:12","slug":"ecm-sizing-up-the-market","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/ecm-sizing-up-the-market\/","title":{"rendered":"ECM: Sizing Up the market"},"content":{"rendered":"<p>New numbers from <a title=\"Frost and Sullivan\" href=\"http:\/\/www.frost.com\/prod\/servlet\/frost-home.pag\" target=\"_blank\">Frost and Sullivan<\/a> try to size up the enterprise content management (ECM) market. \u00a0The report <a title=\"Frost and Sullivan estimate of the ECM market\" href=\"http:\/\/www.marketwire.com\/press-release\/availability-total-ecm-solutions-proliferation-digital-content-widens-scope-world-enterprise-1507678.htm\" target=\"_blank\">estimates <\/a>that the ECM solution market size in 2009 was on the order of $795 million and that the entire ECM ecosystem was on the order of $2.1 billion.<\/p>\n<p>The Frost and Sullivan forecast is that the global ECM solution market will in 2016 reach $1.75 billion and the ECM ecosystem market size will grow to $6 billion. Loren Johnson, Frost and Sullivan industry analyst, comments that &#8220;With the capabilities of ECM solutions stronger than their component parts, the ECM industry, consumers and companies have started to recognize the inherent value of implementing full ECM solutions.&#8221;<\/p>\n<p>Whenever numbers grow into the the billions of dollars, it is often hard to fathom exactly what it means. \u00a0And when compared to a similar report by Gartner, we find a wide disparity. \u00a0<a title=\"Gartner 2010 ECM software sales estimates\" href=\"http:\/\/www.hyland.com\/hyland-software\/media-room\/analyst-coverage\/magic-quadrant-2010.aspx\" target=\"_blank\">Gartner estimates<\/a> that 2009 ECM software license and maintenance revenue was $3.5 billion and will exceed $5.7 billion in 2014.<\/p>\n<p>But the Frost and Sullivan report may be more strict in what they consider constitutes an ECM solution. &#8220;ECM solutions offer a unique productivity solution that singular products, components, and content management modules cannot.&#8221; \u00a0The report defines a \u00a0complete ECM solution as one that contains the following components:<\/p>\n<ul>\n<li>Back-End Assessment Management<\/li>\n<li>Front-end Presentation<\/li>\n<li>Workflow and Business Process Management<\/li>\n<\/ul>\n<p>In the view of Frost and Sullivan, only six vendors are capable of offering complete ECM solutions.<\/p>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fecm-sizing-up-the-market%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fecm-sizing-up-the-market%2F&amp;title=\" 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