Dataquest Ranks DOCUMENTUM Number One In Electronic Document Management; DOCUMENTUM's 71% Revenue Growth Propels Company to Market Share Leader.PLEASANTON Pleasanton, city (1990 pop. 50,553), Alameda co., W Calif., a suburb of the San Francisco–Oakland area, in a vineyard and dairy region; inc. 1894. Wine and cheese are produced, and there are publishing and stone-quarrying industries. , Calif.--(BUSINESS WIRE)--Nov. 19, 1997--DOCUMENTUM Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DCTM), the recognized leader in enterprise document management solutions for Web and client/server environments A networking environment that is made up of clients and servers running applications designed for client/server architecture. See client/server. , today announced that Dataquest, a division of Gartner Group (company) Gartner Group - One of the biggest IT industry research firms. Address: Connecticut, USA. , reports DOCUMENTUM as having the highest percentage of market share for an electronic document management vendor. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Dataquest "1996 Collaborative Software This is a list of collaborative software (or list of groupware) applications. Wiki software is on a list of wiki software. Open source or free software The following are open source or free software applications. Market Share Survey," DOCUMENTUM holds 15.5% of the market, and registered $34.6 million in factory revenue. This is a 71% increase from DOCUMENTUM's factory revenue of $20.3 million and 10.6% market share recorded in 1995. "The results from Dataquest's comprehensive report reflect DOCUMENTUM's commitment to helping Global 2000 companies manage business-critical information," said Larry Warnock, DOCUMENTUM's director of marketing. "Going forward, our Industry Solutions Group will continue to deliver what customers have been demanding, tailored vertical market solutions that manage business processes and leverage existing investments in other enterprise systems. Analyst consensus indicates that the need to manage knowledge stored in documents has developed into a market opportunity, and DOCUMENTUM is poised to lead the way." About DOCUMENTUM DOCUMENTUM (http://www.documentum.com) develops, markets, delivers and supports object-oriented client/server and intranet software solutions that address the challenges of managing business-critical documents effectively across large enterprises. Headquartered in Pleasanton, DOCUMENTUM sells its products and services worldwide through a direct sales force, systems integrators An individual or organization that builds systems from a variety of diverse components. With increasing complexity of technology, more customers want complete solutions to information problems, requiring hardware, software and networking expertise in a multivendor environment. , and affiliated distributors. DOCUMENTUM is the recognized leader in the document management market, with global customers in the pharmaceutical, process manufacturing The manufacturing industry that uses process control systems. See process control. , computers/electronics, and finance industries. -0- Note to Editors: DOCUMENTUM and the DOCUMENTUM Enterprise Document Management System are trademarks of DOCUMENTUM Inc. and may be registered in certain jurisdictions. All other company and product names are used for identification purposes only and may be trademarks of their respective owners. CONTACT: DOCUMENTUM Inc. Sharon McNeill, 510/463-6800 smcneill@documentum.com or Niehaus Ryan Group Inc. Michele Nishiyama, 650/827-7045 michele@nrgpr.com |
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