Documentum announced the latest version of Documentum, a hosted, subscription-based collaborative workspace that can be tailored for specific projects, processes or business initiatives, such as new product development, contracts negotiations, client engagement and supply chain management. Suited for small to mid-sized businesses and departments or divisions within larger organizations, Documentum can be implemented and configured for hundreds of users. Hosted by EMC’s Solutions Center based in Hopkinton, Massachusetts, Documentum offers organizations management, security and protection of their applications and content. The new Documentum Channel Program enables partners with expertise in vertical industries such as manufacturing, pharmaceutical, energy, transportation and government, to customize and sell industry-specific collaboration solutions built on the platform to their own customers. Documentum is immediately available. Pricing is a based on a monthly, sliding scale model, based on the number of users. Pricing for 100 users averages $20 per person per month.