Electronic document management and delivery creates big business.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Dec. 6, 1994--The worldwide digital document systems and services market will grow from a $4.7 billion market in 1994 to more than $10.4 billion in 1998, 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. a recent forecast by Dataquest. The sale of tools required to electronically file, retrieve, and disseminate documents has indeed become big business. "The 1990s may well come down in history as the zenith of the digital era for office communications," said Jennifer Mitchell, principal analyst for digital document management at Dataquest. "The race to be first with new information technology products has accelerated the pace of change in business communications to breakneck break·neck adj. 1. Dangerously fast: a breakneck pace. 2. Likely to cause an accident: a breakneck curve. speed, pushing digital document management solutions to the forefront of IS priorities." North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. accounts for 61 percent of all digital document systems and services revenue in 1994. Electronic document management technology is spreading quickly to the rest of the world primarily through the efforts of the large systems integrators, so North America's share of the worldwide market will shrink to 49 percent by 1998 (see Table 1). -0-
Table 1
Digital Document Systems and Services Revenue Forecast
(Billions of Dollars)
1993 1994 1995 1996 1997 1998
North America 2.2 2.9 3.5 4.1 4.7 5.1
Worldwide 3.4 4.7 6.1 7.4 9.0 10.4
Source: Dataquest (December 1994)
-0- Dataquest defines the digital document systems and services market to include imaging systems such as those offered by IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Wang, and Minolta and document-related consulting and systems integration such as those performed by EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , Andersen Consulting See Accenture. , and SHL SHL Shift Logical Left SHL Schweizerische Hochschule für Landwirtschaft (German: Swiss College of Agriculture) SHL Southern Hockey League SHL Silver Haired Legislature SHL Single Hidden Layer (neural networks) Systemhouse. Dataquest s digital documents research service also tracks software for creation, management, and electronic delivery of documents and peripherals for scanning and reproduction of documents in print. Dataquest's digital document management market forecast is included in a Market Trends report, entitled "The Digital Document Era Unfolds." The report includes specific market size estimates and forecasts for each aspect of the digital document market as well as an examination of vendor strategies and Dataquest's analysis of the market dynamics. "The Digital Document Era Unfolds" is available for $3,995. For more information about purchasing this report, call 800-419-DATA. More information about Dataquest's services, descriptions of recent research reports, and full text of press releases can be found on the Internet at http://www.dataquest.com. Dataquest Incorporated, headquartered in San Jose, Calif., is a 23-year-old global market research and consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a serving the high-technology and financial communities. The company provides worldwide market coverage on the semiconductor, computer systems and peripherals, communications, document management, software, and services sectors of the information technology industry. Dataquest is an international company of The Dun & Bradstreet Corporation. CONTACT: Dataquest, San Jose
Paul Wheaton, 408/437-8312
pwheaton@dataquest.com
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