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

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