Documentum Acquisition – Strategies for Moving Forward
The recent Documentum acquisition by OpenText has left the industry wondering what this means for the enterprise content management (ECM) industry. Not only this, companies currently using Documentum need to be prepared for the risks of staying with this platform.
In our webinar, hosted by Mike Mahon, CEO and Co-Founder of Zia Consulting, we discussed several topics weighing on the minds of ECM decision makers including:
- Possible outcomes of the merger
- Problems you may face
- Options and strategies for moving forward
- Migration methodology
Possible Outcomes of the Merger
While we don’t know exactly what will happen should this merger be finalized, we do know some possibilities based on past OpenText acquisitions. First, they may continue their support of Documentum. They could allow it to proceed through a slow and painful death. A forced close could occur in the not-too-distant future. Or we could see the best of both worlds.
Problems You May Face
Knowing the history of OpenText and their handling of other mergers, we can predict some things that are likely to happen—or continue—with Documentum.
- Lack of innovation
- Unfulfilled promises
- Difficult integration
- Elusive licensing model
- Doesn’t play well with anyone
In a recent article by John Newton, one of the founders of Documentum, he points out that in the past decade OpenText hasn’t seen any organic growth, they’ve simply acquired smaller vendors. Absorbing these vendors means that customers are forced onto the OpenText platform.
Options and Strategies for Moving Forward
There are three options for those currently on the Documentum platform. They can wait it out, plan for co-existence, or begin making plans to migrate. While none of these are ideal, migrating to a new, modern platform can alleviate risk to your company and, as we’ve seen on several occasions, even save your company money in the long run.
Migration Methodology
While migration can seem intimidating and risky, the proven methodology from Zia Consulting minimizes risks and makes moving to a new platform relatively simple. Our strategic consulting services have successfully helped leading organizations to create value and achieve a competitive advantage through the alignment of technology and business strategy. We ensure that your migration path is well-planned and future-proofed through easy steps that work with your daily business. See how we helped migrate 10 million documents in just seven days in our case study.
Learn more about the challenges Documentum users are facing as well as our proven methods by watching the recorded webinar here or viewing the slides here. For a personalized discussion on how our solutions can work for you, contact us today.