Wow.. IBM has really opened up it’s wallet and is on a big shopping spree. ECM market has been growing rapidly and IBM has been lagging for quite some time in that space behind FileNet and Document. EMC (Documentum was bought by EMC) is the second biggest player after FileNet and 3rd position was IBM. Perfect positioning for IBM to be in the top seat now in the Content Management market. Close to half a billion dollar revenues coming from this alone for IBM now.
IBM is opening up it’s pockets now for big buys here. 2 big purchases in a week. This would be a great news for FileNet customers and IBM customers alike. FileNet has some excellent products and again it’s veritical industry strength is something that IBM can leverage to the maximum extent.
Hats off to Mr. Goyal and team, good thinking on this one.