LONDON--(BUSINESS WIRE)--Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Enterprise Content Management Market Procurement Research Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the managed services industry. This report breaks down the data and analysis behind the procurement of enterprise content management solutions and acts as an all-inclusive guide for making smart purchasing decisions.
“The rapid growth of the e-commerce industry has resulted in the generation of massive amounts of data related to consumers and processes, which in turn is triggering the growth of the ECM market,” says SpendEdge procurement analyst Anil Seth. “ECM solutions help organizations in minimizing the complexities related to retrieval of complex data and also improves their operational efficiency,” added Anil.
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Procurement analysts at SpendEdge highlight the following top three market trends that are contributing to the growth of the Global Enterprise Content Management Market:
- ECM solutions with remote access capabilities
- ECM solutions with geo-location functionality
- Provision of SaaS ECM solutions
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ECM solutions with remote access capabilities:
The buyers of ECM solutions prefer solutions that have remote access capabilities as they offer several advantages including the ability to view data on mobile devices even when not connected to the company network. Moreover, ECM solutions with remote access capabilities help in reducing the procurement costs for buyers as there is no involvement of third-party vendors. It also increases data accessibility for buyers.
ECM solutions with geo-location functionality:
Leading suppliers of ECM solutions are increasingly focusing on providing ECM solutions that have geo-location functionality. This is mainly because through the use of geo-location functionality the buyers can quickly retrieve data based on geographic specifications. It also reduces the operational costs for buyers, as they do not have to sort and filter data based on different geographic locations manually.
Provision of SaaS ECM solutions:
Suppliers are increasingly providing SaaS-based ECM solutions to buyers to cater to their additional storage requirements without additional investments in the storage infrastructure. SaaS-based ECM solutions also help in reducing the complexity regarding data migration and conversion. Moreover, it also helps in cutting down the procurement costs for buyers as data centers of suppliers can be shared with the other buyers.
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