DUBLIN, OHIO, July 28, 1997. Information Dimensions' BASIS has more end-users than any other enterprise document management software, according to a new report from International Data Corp.
The report, called "Document Management Software, 1996-2001: Market Review and Forecast (June 1997)," says Information Dimensions leads the enterprise document management software market with 41.5 percent of the industry's 2.7 million users. That's more that twice the installed base of Information Dimensions' nearest competitor.
"Of total installed users, Information Dimensions captured the dominant market share with 1.1 million users," the report said. "Over the past year, IDI signed several very large contracts, including Boeing, Corning Incorporated, and the Centers for Disease Control and Prevention; these contracts account for a significant portion of the company's user base."
Amie S. White, who co-authored the report with fellow IDC analyst Ian Campbell, said, "Information Dimensions has pursued an aggressive market strategy looking towards both new industries as well as to international markets for unique opportunities. This approach, combined with a focus on the Internet, is expected to continue to fuel the growth of IDI's installed base past the turn of the century."
The findings demonstrate Information Dimensions' staying power in a volatile industry, according to Bruce Duff, Information Dimensions vice president of marketing and sales. "We're providing the tried, true and dependable document management solution in a dynamic marketplace—too dynamic for the tastes of many executives charged with making large technology investments," Duff said. "When the upstarts have failed, as some former upstarts have, we've continued to stand strong in guiding organizations that need to tap the knowledge in their very large, business-critical document collections."
The Delphi Consulting Group of Boston, Mass., in its recent report, "Document Management 1996: Market Reference Point," predicts that at the end of the current transition period: "Document management will be established as a core IT function for the information economy, and a few strong players will emerge to service the most demanding applications and push the functionality envelope forward." That report placed Information Dimensions in second place in market share for service revenues with 11.5 percent.
Information Dimensions the company that pioneered document management on the Internet, intranet and extranet--was acquired last week by Gores Technology Group, a high-technology business application software company, from the non-profit OCLC Online Computer Library Center, Inc.
This acquisition positions Information Dimensions to further penetrate a document management software market that is expected to grow by 36.8 percent annually through 2001, when it is expected to exceed $1.4 billion by 2001, according to IDC.
The IDC "Document Management Software, 1996-2001: Market Review and Forecast (June 1997)" report is available for purchase through Cheryl Toffel at (800) 343-4952.