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Report links smaller vendors to lower buying risk
In a new report titled "Content Management Tools Can Help Cut Costs," CMS Watch has found that lower cost ECM vendors are thriving and that there is actually more buyer risk associated with choosing a large vendor because of the likelihood it may make substantive changes to the product more often. These large changes force customers to retool. The report also suggests that larger vendors have more trouble "digesting acquired assets."
In what will be a continuing theme in this space in the coming months, companies looking to cut costs and justify large expenditures are going to need to find lower-cost solutions that provide good bang for the buck. As the report points out, you can make a case for ECM because it can make your content more accessible, reduce redundancy and increase productivity by preventing your employees from reinventing the wheel because they couldn't find a piece of existing content.
The report concludes that mid-market vendors represent a smaller risk. But risk, of course, is subjective, and depends on what your requirements are and how well the vendor, whatever its size, meets your needs and objectives in terms of both practicality and cost.
To learn more:
- check out the CMS Watch report here
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