DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/fa9a4b/enterprise_content) has announced the addition of the "Enterprise Content Management Market in EMEA 2011-2014" report to their offering.
One of the key factors contributing to this market growth is the rise in demand of record management. The Enterprise Content Management market in the EMEA region has also been witnessing increased adoption of ECM in Small and Medium-sized Enterprises (SMEs). However, data inaccessibility and poor infrastructure could pose a challenge to the growth of this market.
Key vendors dominating this market space include EMC Corp., OpenText Corp., and IBM Corp.
Commenting on the report, an analyst from TechNavio's Enterprise Applications team said, There has been a growing trend toward the use of ECM software by SMEs. With the increased rate of business operations and growth of SMEs, they are now faced with issues related to storage, documentation, retrieval and update of business processes. Though only large-scale companies initially faced these problems, SMEs, which are growing at a phenomenal rate in the EMEA region, are no longer immune to these issues. With growing operations, they need to find solutions for their content storage, documentation, and other features such as retrieval and updation of business processes. These needs are pushing SMEs toward the use of ECM solutions.
According to the report, the continued consolidation of the market through mergers and acquisitions (M&A) activity is driving the ECM market in the EMEA region. For instance, Open Text acquired Nstein and Vignette, which has enabled it to offer a much wider variety of content management solutions. Similarly, Oracle's acquisition of Fat Wire has enabled it to offer ECM solutions that it could not have previously. M&A activity will also often result in expanded market reach coupled with improved support and services with a larger customer base.
The report also discusses that data and content overload is a major problem for businesses and the main challenge for Enterprise Content Management vendors is to find a solution that can manage the huge amount of accumulated information.
For more information visit http://www.researchandmarkets.com/research/fa9a4b/enterprise_content