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Alan Pelz-Sharpe Tony Byrne Jarrod Gingras Analysts, Real Story Group ECM Mythbusters! Exposing the real weaknesses and strengths of web and enterprise technology products

Ecm mythbusters the_real_story_behind_vendor_marketing

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Page 1: Ecm mythbusters the_real_story_behind_vendor_marketing

Alan Pelz-Sharpe Tony Byrne

Jarrod Gingras Analysts, Real Story Group

ECM Mythbusters!!Exposing the real weaknesses and strengths of web

and enterprise technology products

Page 2: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Real Story Group: What We Do

Analyze weaknesses and strengths of the tools....and vendors

Advise on successful technology selection

Page 3: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

What Independence Means To Us

3

Page 4: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Mythbusters?

4

Source: geekologie.com

Page 5: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Myth

•  Myth #1:

5

We are a market leader in this space.

Page 6: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Do NOT assume that there is a BEST vendor/product

6

GEEKS MYSTICS

LOSERS POSERS

Page 7: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Myth

•  Myth #2:

7

We experienced 100% YOY growth.

Page 8: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Copyright © 2011 REAL STORY GROUP realstorygroup.com

Document Management

CROSS-CHECK 2011

FOCUS ON DM

VE

ND

OR

SIZ

E Microsoft

IBM

Oracle

EMC

Xerox

OpenText

Autonomy

Westbrook

Fabasoft

SpringCM KnowledgeTree

Laserfiche Xythos

DocuWare

Hyland EVER

Alfresco

Nuxeo

HP Formtek

Pitney Bowes

Objective

Saperion

FileBound

Perceptive (Lexmark)

Page 9: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Myth

•  Myth #3:

9

Our product is extremely flexible and highly extensible.

•  Myth #4:

That functionality is basically out of the box.

Page 10: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Products vs. Platforms

10

Most enterprises overbuy…

Platforms Products

More Less

Costly Functionally Rich

Complex

Time to Deploy

Page 11: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Myth

•  Myth #5:

11

Here’s a demo of our product that is exactly the solution you’re looking for.

Page 12: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Running a demo

•  Make sure your team is represented

•  Beware of the “canned” demos

•  Demo your scenarios

•  Each vendor should demo same scenarios

•  Ask the tough questions –  Especially around pricing

Page 13: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Myth

•  Myth #6:

13

It usually take 4-6 weeks to get you up and running.

Page 14: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Implementation Project Timeline/Phases

14

Project Planning

• Hardware/ Software setup •  Team formation •  Project plan and schedule

Requirement Specs & Analysis

• Requirement documentation •  Functional specifications documentation •  Test strategy definition

Design

• Component, use case, sequence diagram design • Data model, UI, custom report definition •  Identification of re-usable components

Build and Unit

Testing

• Coding • Unit testing

Integration & Systems Testing

•  Integration testing •  Systems testing

Acceptance Testing

•  Perform acceptance testing • Close reported issues

Page 15: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Project Timeline

15

•  Phased approach almost always better than “big-bang” •  Core services followed by strategic on-boarding of departments

Page 16: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Myth

•  Myth #7:

16

You won’t need a developer.

Page 17: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Development

Your ECM system is an application –  Configuration

•  Easiest = browser-based •  Sometimes modifying text files

–  Customization •  Usually a script interface

into an API

–  Extension •  Writing custom objects

–  Integration •  Connecting to other systems

EA

SIE

R H

AR

DE

R

“You break it, you own it”

Page 18: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Myth

•  Myth #8:

18

Our open source / cloud / SaaS model is dramatically cheaper than traditional licensed products.

Page 19: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Cheaper?

19

Comp

Company Risk

1st year license fees Implementation

Content Migration Training Hosting Recurring Upgrade

5 yr summed investment

Vendor A $120 $106 $50 $12 $27 $24 $100 $619

Vendor B $103 $86 $50 $15 $24 $103 $0 $786

Vendor C $114 $306 $50 $25 $27 $16 $100 $808

VendorPrice

Always do 5 year cost analysis Get clear agreements on support vs. customization

Page 20: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Myth

•  Myth #9:

20

24/7/365 global support

Page 21: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

IBM Microsoft Oracle

Alfresco

Nuxeo

OpenText

ECM Worldwide

Xerox HP

Hyland

Infogrid

EVER Newgen

Objective

Autonomy

Fabasoft

KnowledgeTree

Saperion

SpringCM

Page 22: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Myth

•  Myth #10:

22

Our migration scripts will easily move all of your content to the new repository.

Page 23: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Do NOT assume you are JUST purchasing software

•  The real costs are in services

•  Integration and professional service needs --------------------------------------

•  Best Practice: Budget 2x to 8x for consulting, customization, integration, migration.

Page 24: Ecm mythbusters the_real_story_behind_vendor_marketing

Copyright © 2011 Real Story Group www.realstorygroup.com

Thank you

Get a free sample of the research reports:!http://realstorygroup.com/Sample/ Purchase the report now: http://www.realstorygroup.com/Purchase/ Learn about our Premium Subscription options: http://www.realstorygroup.com/Subscribe/ Contact us for more information:

–  [email protected] –  Twitter: @realstorygroup –  + 1 800 325 6190 (USA)

+ 44 (0) 20 3318 1911 (UK) + 1 617 340 6464 (Int'l)

@jarrodgingras [email protected]