According to IDC, the content management and retrieval software market continues to grow rapidly despite the slowdown in 2001, and content management and retrieval software spending is expected to outpace the software market as a whole for the next five years. This growth has attracted the attention of large software vendors who are increasing their attention to this market. IDC’s forecast predicts, that in 2003, pent-up demand for the next generation of content technologies, such as multimedia and multiformat search and text mining will fuel increased spending. According to IDC, this growth will only be temporary, followed by a shakeout ending with a few large players dominating the marketplace with unified enterprise information system offerings. The products that are easily integrated with other enterprise applications will have the greatest potential for success.
www.idc.com
Day: March 17, 2002
Interwoven, Inc. announced the publication of the Content Services specification, a Web Services specification for access to Enterprise Content Management functionality. This proposed standard by Interwoven has support from vendors with portal offerings, including BEA, Bowstreet, Sun Microsystems, Inc., SAP Portals, Sybase and TIBCO Software, and will be submitted this month for consideration by one of the international open standards bodies. The new standard encompasses all lifecycle elements of enterprise content management, including content transfer, metadata, workflow, workareas, locking, and many other functions. These functions are made available as Web Services in a vendor-neutral solution, promising to hide many of the differences between competing software platforms, programming languages, and hardware specifics. The Content Services specification is available now through the www.content-services.org site for anyone to review, comment on, and implement. A full reference solution is included in the Interwoven implementation. www.interwoven.com
