Hummingbird's ECM Software Market Share Maintains Steady Growth According to Independent Research Firm
05 Luglio 2006 - 11:30PM
PR Newswire (US)
Report finds ECM technologies are helping organizations put in
place a more comprehensive process and structure that is frequently
driven from line-of-business management TORONTO, July 5
/PRNewswire-FirstCall/ -- Hummingbird Ltd. (NASDAQ:HUMCNASDAQ:
TSX:NASDAQ:HUM), a leading global provider of integrated enterprise
content management (ECM) and network connectivity solutions today
announced that a new Gartner report entitled: Market Share:
Enterprise Content Management Software, Worldwide, 2003-2005(1),
ranks the company in the top five in market share based on content
management total software revenue in 2005, among more than 60
vendors that Gartner tracks in the ECM market. Additionally,
according to the report, Hummingbird has demonstrated one of the
highest content management software revenue growth rates among the
leading vendors at 20.4 percent and nearly double the rate of the
overall content management software market. Gartner defines total
software revenue as revenue generated from new license, updates,
upgrades, subscriptions and hosting, technical support and
maintenance. The new report identifies a trend that began in 2002
toward greater acceptance of an ECM suite in the content and
document management market and states many ECM vendors provide
vertical-industry-specific and line-of-business-focused solutions.
According to Gartner, "The ability to demonstrate vertical industry
expertise helps strengthen a vendor's value proposition when
seeking new penetration into those verticals." In addition, the
report finds, "Delivering ECM aligned to line-of-business and
vertically specialized processes increases the overall value of the
ECM software and its ability to support business processes and
better align content to process requirements." "Our vertical and
horizontal solutions built on our leading ECM platform
differentiates Hummingbird from our peer group of competitors,"
said Barry Litwin, President and Chief Executive Officer,
Hummingbird Ltd. "We see Gartner's report as additional
confirmation of the value we bring to our customers with our
content centric vertical and horizontal applications." Hummingbird
has also been analyzed in several recent Gartner reports. Gartner
positioned Hummingbird in the Leaders Quadrant in the Magic
Quadrant(x) for Enterprise Content Management, 2005(2), and
Hummingbird received a "Strong Positive" rating in the Gartner
Market Scope(xx) for Records Management, 2005(3) report, the
highest possible rating. Hummingbird also received a "Positive"
rating in the Gartner Market Scope for Web Content Management,
2005,(4) for its RedDot CMS and LiveServer Web Content Management
and Content Delivery Solution. To access the Gartner Dataquest
report, please visit http://www.gartner.com/. (x)The Magic Quadrant
is copyrighted 2005 by Gartner, Inc. and is reused with permission.
The Magic Quadrant is a graphical representation of a marketplace
at and for a specific time period. It depicts Gartner's analysis of
how certain vendors measure against criteria for that marketplace,
as defined by Gartner. Gartner does not endorse any vendor, product
or service depicted in the Magic Quadrant, and does not advise
technology users to select only those vendors placed in the
"Leaders" quadrant. The Magic Quadrant is intended solely as a
research tool, and is not meant to be a specific guide to action.
Gartner disclaims all warranties, express or implied, with respect
to this research, including any warranties of merchantability or
fitness for a particular purpose. (xx)The MarketScope is
copyrighted 2005, by Gartner, Inc. and is reused with permission.
The MarketScope is an evaluation of a marketplace at and for a
specific time period. It depicts Gartner's analysis of how certain
vendors measure against criteria for that marketplace, as defined
by Gartner. Gartner does not endorse any vendor, product or service
depicted in the MarketScope, and does not advise technology users
to select only those vendors with the highest rating. Gartner
disclaims all warranties, express or implied, with respect to this
research, including any warranties of merchantability or fitness
for a particular purpose. About Hummingbird Enterprise(TM)
Hummingbird Enterprise provides an integrated platform for
enterprise content management that provides global organizations
with solutions to manage business interaction information such as
documents, records, virtual deal room exchanges, discussions,
e-mail or financial data - linking business processes, information
and people. Hummingbird solutions are designed as modular
applications that are fully interoperable with each other, enabling
customers to incrementally build an enterprise content management
solution to meet their evolving information needs in a cost
effective manner. About Hummingbird Hummingbird Ltd.
(NASDAQ:HUMCNASDAQ:TSX:NASDAQ:HUM) is a leading global provider of
enterprise software solutions. The Company's enterprise software
solutions fall into two principal categories: enterprise content
management (ECM) solutions, and network connectivity solutions.
Hummingbird's ECM solutions enable organizations to manage the
lifecycle of enterprise content from creation to disposition,
thereby enabling organizations to address critical business needs,
such as information management, business continuity, compliance and
risk mitigation. The network connectivity solutions provide a
comprehensive set of core network technologies that enables the
enterprise to connect to any type of legacy system. Founded in
1984, Hummingbird employs over 1,400 people and serves more than
33,000 customers, including 90% of Fortune 100. Hummingbird
solutions are sold directly from 40 offices worldwide and through
an Alliance Network of partners and resellers. For more
information, visit http://www.hummingbird.com/
--------------------------- (1) Gartner Dataquest, "Market Share:
Enterprise Content Management Software, Worldwide, 2003-2005," by
Tom Eid, May 18, 2006 (2) Gartner, Inc. Research Note of November
7, 2005, entitled: "Magic Quadrant for Enterprise Content
Management, 2005," is co-authored by research directors: Karen
Shegda and Toby Bell; vice presidents: Kenneth Chin and Debra
Logan; principal research analyst, Lou Latham; and vice president
distinguished analyst, James Lundy. (3) Gartner Inc. "Market Scope
for Records Management, 2005" by research vice presidents Kenneth
Chin and Debra Logan, dated December 15, 2005. (4) Gartner Inc.
"Market Scope for Web Content Management, 2005" by Lou Latham,
Principal Research Analyst and James Lundy, VP Distinguished
Analyst, dated November 4, 2005. DATASOURCE: Hummingbird Ltd.
CONTACT: Hummingbird contacts: Dan Coombes, Director, Investor
Relations, Tel: (416) 496-2200 ext. 6359, ; Michele Stevenson,
Senior Manager, Corporate Communications, Tel: (416) 496-2200, ext.
2623,
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