| [November 11, 2005] |
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Stellent Listed in ''Leaders'' Quadrant in Enterprise Content Management Magic Quadrant Report from Top Industry Analyst Firm
EDEN PRAIRIE, Minn. --(Business Wire)-- Nov. 11, 2005 -- Magic Quadrant leaders have highest combined scores for ability to execute and completeness of vision; Stellent one of six vendors in "leaders" quadrant
Stellent, Inc. (Nasdaq:STEL), a global provider of content management solutions, announced today it was listed in the "leaders" quadrant in Gartner, Inc.'s "Magic Quadrant for Enterprise Content Management (ECM), 2005"(1) report. Gartner (NYSE:IT) is the leading provider of research and analysis on the global information technology industry. This report is Gartner's second edition of the Enterprise Content Management Magic Quadrant.
According to the report, "leaders have the highest combined scores for their ability to execute and completeness of vision. They're currently doing well and are prepared for the future with a clearly articulated vision. In the context of content management, they have strong channel partners, a presence in multiple regions, consistent financial performance, broad platform support and good customer support. In addition, they dominate in one or more technology or vertical markets. Leaders can deliver a comprehensive ECM suite by having all six core components and proven enterprise scalability." Gartner defines the six core ECM components as being document management, Web content management (WCM), records management, document capture and document imaging, document-centric collaboration, and workflow.
"We are pleased Gartner positioned Stellent in the leader quadrant in its Enterprise Content Management Magic Quadrant," said Robert Olson, president and chief executive officer for Stellent. "We believe this recognition confirms the global success of our Stellent(R) Universal Content Management(TM) product suite -- purchased by more than 3,000 customers worldwide -- and our ability to effectively anticipate, direct and initiate market trends. Stellent remains committed to continually expanding and enhancing our enterprise content management system to ensure it fulfills customers' evolving needs."
For example, the company recently released new retention management capabilities for Stellent Universal Content Management, extending its retention policy engine to cover all content -- records and non-records -- and allow usage analytics and other factors to drive the content retention and disposition process. This new, customer-driven functionality enables organizations to implement a strategy that provides discovery, retention and disposition for all data to help lower storage costs, facilitate and ease legal discovery, manage risks, and decrease overall content clutter throughout the enterprise.
"Our Stellent enterprise content management implementation has been a tremendous success because the technology meets a diverse set of needs across our organization," said Curt Doble, director of corporate application services for Land O'Lakes. "Stellent Universal Content Management enables us to effectively manage a variety of unstructured content and multiple content-centric applications within one architecture. We believe we saved an estimated $250,000 over one year from a single Stellent-powered application and feel the system has vast potential for additional expansion throughout our enterprise."
Along with this recognition, Gartner also has named Stellent in the visionary quadrant in the "Magic Quadrant for Financial Compliance Process Management Software, 2005"(2) report.
To access the complete Magic Quadrant for Enterprise Content Management report, visit www.stellent.com/gartnerecmmq.
Stellent Universal Content Management Features
Stellent Universal Content Management provides rapid success and distinct advantages to customers via its product functionality, breadth of content managed, unified architecture and ease-of-use -- all which enable fast implementations and quick user adoption. The Universal Content Management product suite offers a full array of enterprise content management functionality, including document management and imaging, Web content management, digital asset management, collaboration, and records management. The scalable system manages and delivers the entire spectrum of unstructured content, from documents, graphics and Web pages to scanned images, email and records.
Stellent technology is standards-based, multi-platform and service-oriented, and provides productized integrations to leading application server, portal and enterprise resource planning applications. These solutions enable customers to easily deploy multiple line-of-business applications -- such as public Web sites, secure intranets and extranets, compliance initiatives, and marketing brand management -- as well as multi-site management and enterprise-wide content management. For more information, contact Stellent at (952) 903-2000.
About Stellent, Inc.
Stellent, Inc. (www.stellent.com) is a global provider of content management software solutions that drive rapid success for customers by enabling fast implementations and generating quick, broad user adoption. With Stellent Universal Content Management, customers can easily deploy multiple line-of-business applications -- such as public Web sites, secure intranets and extranets, compliance processes, and marketing brand management -- and also scale the technology to support multi-site management and enterprise-wide content management needs.
More than 4,500 customers worldwide -- including Procter & Gamble, Merrill Lynch, Los Angeles County, The Home Depot, British Red Cross, ING, Vodafone, Georgia Pacific, Bayer Corp., Coca-Cola FEMSA, Emerson Process Management and Genzyme Corp. -- have selected Stellent solutions to power their content-centric business applications. Stellent is headquartered in Eden Prairie, Minn. and maintains offices throughout the United States, Europe and Asia-Pacific.
Any forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risk and uncertainties including, without limitation, risks of intellectual property litigation, risks in technology development and commercialization, risks in product development and market acceptance of and demand for the Company's products, risks of downturns in economic conditions generally and in the enterprise content management and unstructured information management markets specifically, risks associated with competition and competitive pricing pressures, risks associated with foreign sales and higher customer concentration and other risks detailed in the Company's filings with the Securities and Exchange Commission.
Stellent and the Stellent logo are registered trademarks or trademarks of Stellent, Inc. in the USA and other countries. Outside In and Quick View Plus are registered trademarks of Stellent Chicago, Inc. in the USA and other countries. All other trade names are the property of their respective owner.
(1) "Magic Quadrant for Enterprise Content Management, 2005," J. Lundy, et al, Nov. 7, 2005.
(2) "Magic Quadrant for Financial Compliance Process Management Software, 2005," F. Caldwell, et al, Oct. 24, 2005.
The Magic Quadrants are copyrighted 2005 by Gartner, Inc. and reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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