“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 totaled $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 that “Content services sold as stand-alone, 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.”
Mark J. 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 twelve consecutive years.
Part of the OpenText EIM platform, OpenText Content Services help organizations readily access critical business content – when, where and how it is needed. OpenText enables organizations to connect content to their digital business to accelerate productivity, improve governance, and drive digital transformation.