San Francisco, CA (PRWEB) October 2, 2007
Xythos Software, a leading developer of basic content services solutions, announced that Gartner has placed Xythos in the "visionaries" Magic Quadrant for Enterprise Content Management, 2007.1
According to Gartner, "the ECM market is worth approximately $2.9 billion in 2007, based on worldwide total software revenue. Gartner predicts that total software revenue from the worldwide ECM market will grow at a compound annual rate of 12.9% through 2011." The Gartner report continued, "This Magic Quadrant assesses content management vendors and their enterprise content management product suites' completeness, maturity and integration."
Xythos' open-standards based architecture enables businesses of all sizes take advantage Web 2.0 tools with a common content repository to securely store and manage this information, as well as the documents and other files that users need to share.
"Organizations of all sizes are realizing the business benefits of being able to share documents in an easy, cost-effective and secure way," said Ed Miller, chief executive officer of Xythos. "For years, we've designed Xythos products to enable organizations to reduce costs, achieve complete accountability, and integrate with other products through open standards. In my opinion, placement in Gartner's Magic Quadrant is strong validation that both our strategic vision and technology approach are on track."
About Xythos Software
Xythos Software is a leading developer of basic document management applications and services. Xythos' open standards-based solutions help customers safely capture, manage, store and share content throughout its lifecycle. Xythos technology is licensed to over three million users at commercial, education and government organizations around the world. To learn more about Xythos, visit http://www.xythos.com. Experience Xythos as a software service (SaaS). A free 30-day trial of Xythos on Demand is available at http://www.xythosondemand.com.
1) Gartner, Inc. ,"Magic Quadrant for Enterprise Content Management, 2007" by Karen M. Shegda et al, Sept. 21, 2007
The Gartner Magic Quadrant is copyrighted Sept. 2007 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.