Forrester, a technology research and advisory firm, recently published The Forrester New Wave™: Cloud Content Platforms — Multitenant SaaS, Q3 2019 report. The report identified and assessed the 13 most significant cloud content platforms, evaluating each based on 10 key criteria related to their current offering, overall strategy and presence in the market.
However, the term “cloud content platforms” may have left many – particularly those not working directly within the information management industry – scratching their heads. So, what is a cloud content platform? And what are the benefits of a cloud content platform for most businesses? We’re breaking it down for you.
The Drive to Digital Information Management
What began as a shift from basic digital document storage to enterprise content management (ECM) systems has now evolved into a movement toward cloud-based information management solutions. Traditional ECMs, recognizing the strengths and potential of the cloud, are redesigning their platforms to be cloud native. At the same time, vendors who have previously offered cloud enterprise file sync and share functionality are now expanding to include content repository services as well.
According to Forrester, this intersection of traditional ECMs and cloud enterprise file sync and share functionality has created the cloud content platforms segment.
What cloud content platforms offer, then, is essentially the best of both worlds: the sweet spot of information management where the benefits and capabilities of ECM combine with the speed and agility of the cloud to deliver a broad range of powerful, flexible capabilities.
Cloud Content Platforms: The Best of Both Worlds
With cloud content platforms, companies gain the capabilities of a traditional ECM as well as the power and scalability of cloud computing. Simply by virtue of being cloud-native, these platforms provide businesses a heightened level of flexibility and agility.
The scalability of cloud content platforms allows organizations to adjust resources to meet their business demands as necessary and in real time, without requiring additional hardware. New features can be added and fixes made automatically and remotely – with no need for manual or on-site maintenance.
And, already on the cutting edge of technology, cloud content platforms are constantly innovating and delivering new and improved capabilities to users.
Finding the Right Cloud Content Platform for Your Business
“The Forrester New Wave™ Cloud Content Platforms – Multitenant SaaS, Q3 2019” report is intended to help companies select the right partner for their cloud content management needs. For companies considering undergoing a digital transformation, Forrester’s report is a valuable resource that provides an introduction to the benefits of cloud platforms and an analysis of the top platforms available.