Library Technology Guides

Product and Company News and Announcements

Press Release: Preservica [July 24, 2019]

Former OpenText CEO John Shackleton joins Preservica as Chairman of the Board

Boston, MA and London, UK – 24 July 2019: Preservica, the market leader in SaaS-based active digital preservation, welcomes enterprise information management veteran John Shackleton to its board to spearhead the company's next phase of global expansion. Shackleton will play a hands-on role in guiding the Preservica board and management team as it further scales the business through product innovation and key partnerships.

US-based Shackleton will also work with Preservica's growing Boston, MA team headed by CEO Mike Quinn as the business continues to rapidly expand in North America. Steve Curl, the current Chairman, will step down, but continue as a non-executive Director.

Shackleton draws on an impressive 30+ year track-record of success in the software industry, including driving significant growth while President and CEO at OpenText. Under his leadership the company grew revenues from $60 million to over $1.3 billion to become the world's leading independent provider of Enterprise Content Management (ECM) software.

John Shackleton comments:

"Preservica has a disruptive cloud-based platform that uniquely addresses the challenge of ensuring digital content is accessible and usable over decades. Legacy enterprise content management and archiving vendors are failing to address this, which means Preservica has already attracted an impressive customer base of enterprise, government, education and cultural organizations. Working with Preservica users and the wider community I see an exciting opportunity to make digital preservation an integral part of every organization's content strategy."

Preservica's technology is especially well-positioned as the volume, diversity and complexity of digital objects continues to grow along with the pressure to decommission legacy applications and meet increasingly stringent industry regulations, statutory government mandates and privacy compliance, like the GDPR and CCPA.

In a recent industry research report that studies the trends in digital preservation Janice Clatterbuck, ex CIO, Federal Reserve Bank of Richmond and now director of executive services at Info-Tech Research Group, an IT Research and Advisory firm, highlighted the risk to enterprises of not having a proactive approach to long-term digital preservation of critical information assets:

"CIOs must acknowledge how technological advances might leave critically important digital materials unusable. Having digital files stored somewhere means nothing if these assets are not readable or usable. Digital preservation is a relatively new concept and should be a key component of your information management strategy that complements your content management system (CMS), records management application (RMA), or other collaboration tools."

Mike Quinn, CEO, Preservica comments:

"Everyone at Preservica is delighted that John will be actively working with us on our next stage of expansion. It reflects a real confidence in the vision and opportunity for the business and builds on the recent $10 million series B investment from Mobeus Equity Partners. John's experience will be invaluable as we collaborate with existing and new customers to make digital preservation a seamless and automated part of content and records lifecycle."

Jon Tilbury, Founder and CTO, Preservica adds:

"John's insight and knowledge will enable us to really push the boundaries in product innovation and align with key technology and alliance partners. Our recently launched next-generation active digital preservation platform (v6.0) already has APIs and intelligent connectors for automated capture from ECM systems such as SharePoint and OpenText, and we are actively innovating in automated preservation technology, Blockchain and AI/Machine Learning."

Trevor Hope, Partner, Mobeus Equity Partners comments:

"As a SaaS player with a leading position and focus on digital preservation, Preservica has shown through its varied customer base the extent to which long-term preservation of digital content is becoming a key element of content management. We are very pleased that John, with his experience of building billion-dollar software companies, is joining our Board to assist with Preservica's next stage of growth."

During 2018 the company reported its fastest growth in revenues and is on track to do the same again this financial year. This growth is underpinned by a continued focus on excellence in Information Security (ISO 27001), quality (ISO 9001), GDPR compliance, and the highest levels of enterprise-grade SaaS cloud-hosting operations as an AWS Advanced Technology Government & Education Competency partner and advanced Microsoft Azure partner.

About Preservica

Preservica is changing the way organizations around the world protect and future-proof critical long-term digital information. Available in the cloud (SaaS) or on premise, our award-winning active digital preservation software has been designed from the ground-up to tackle the unique challenges of ensuring digital information remains accessible and trustworthy over decades.

It's a proven solution that's trusted by a growing number of businesses, archives, libraries, museums and government organisations around the world - including HSBC, the Associated Press, Unilever, Transport for London (TfL), Pernod Ricard, the World Bank, Amnesty International, 22 US state archives including Texas, California and Massachusetts, Yale University, and the European Commission - to name a few.


Summary: Preservica, the market leader in SaaS-based active digital preservation, welcomes enterprise information management veteran John Shackleton to its board to spearhead the company’s next phase of global expansion. Shackleton will play a hands-on role in guiding the Preservica board and management team as it further scales the business through product innovation and key partnerships.
Publication Year:2019
Type of Material:Press Release
LanguageEnglish
Date Issued:July 24, 2019
Publisher:Preservica
Company:
Company: Preservica
Subject: Executive appointments
Permalink: https://librarytechnology.org/pr/24451

LTG Bibliography Record number: 24451. Created: 2019-07-24 08:10:52; Last Modified: 2019-07-24 08:12:51.