This week two events caught our attention in the industry a board shuffle at RPA vendor Automation Anywhere and Gimmals latest of several acquisitions. Let’s start with the smaller of the two Gimmals acquisition of Sherpa Software.
We attended OpenText World Europe this April to learn where the ship is headed. OpenText made it very clear that it is staking its content management future on the cloud. The company announced Cloud Editions 21.2, an all-encompassing, all-in effort to achieve that long turn away from on-premise legacy software. Mark Barranchea, CEO, pledged an R&D investment of over $1 billion in R&D in their diverse stable of products. For a company with $3 billion in sales last year, that is a very impressive number.
For existing customers and community members of Nuxeo, Hylands continued approach to managing the open-source community and all that stands for will also be something to watch closely. Probably the most intriguing acquisition of the last year for us, it’s an odd one for sure, and very likely not the last of 2021.
This week Microsoft launched Viva, its employee experience platform, building on the foundational work of Project Cortex. Microsoft describes Viva as an organizing layer across 365 leveraging teams. Nothing too surprising there, but where it does get interesting is its ability to co-ordinate insights, alerts, and information across the enterprise.
If we were to believe the industry hype, a firm like Gimmal would not be in growth mode. Instead, it would be weathering a storm of big brands like Microsoft, Box, Dropbox & Amazon essentially commoditizing their markets. In reality, though, as we have loudly proclaimed regularly in our research, information management is complicated and hard to do well, indeed in a world of more and more information and increased regulation, the challenges grow more significant by the day.
2020 has been a year of misery, economic crisis, hardship, political upheaval, and of course, COVID 19. So we want to close this year out with a positive, socially distant, and safe celebration of our industry. To that end, we will soon be launching our Innovation Index Report; in this report, we highlight the technology vendors that have stood out and moved the needle for us.