Demand from Financial Services Sector Driving Growth of Document Centric Collaboration Market18 Mar 2011 • by Natalie Aster
Almost one-third of the Global 2000 companies are expected to adopt document centric collaboration platforms. The market is expected to see steady demand with continued improvements in the technology front in the form of cloud computing and collaboration tools. The growing need for a coherent set of capabilities that enable collaborative activities has been driving this market.
TechNavio has published a report on this subject titled “Document Centric Collaboration Market 2010-2013”. The report has been prepared based on a study of the global document centric collaboration market. Inputs from industry experts, vendors and end-users were used in the analysis. The report includes a market size estimate and forecast, market landscape based on segments along with trends, challenges and drivers.
Publication Date: Feb, 2011
Price: USD 1,800.00 USD 1,500.00
Demand continues to be strong from document centric industries such as financial, legal and healthcare. The financial sector has been leading market demand with a share of 36 percent. This industry is under great regulatory and legal pressure to maintain electronic records. With its advantage of a common platform for integrated access, document centric collaboration has been extremely popular in this industry.
TechNavio’s analyst says, “Collaborative tools have been extremely useful in leveraging the information assets of an organization. Document centric collaboration in particular has been enabling cross organization process control and helping teams make better informed decisions.”
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