Study Sets Stage for Vapor Niches

October 7, 2011

The global market intelligence firm International Data Corporation (IDC) has published a new vendor assessment profiling the leading providers in the worldwide standalone early case assessment (ECA) applications market which is currently an undeveloped niche. This report rigorously scores current search software providers and predicts their market capabilities and strategies.

The Sept 19 news release IDC MarketScape: Worldwide Standalone Early Case Assessment Applications 2011 Vendor Analysis reveals leaders in a hitherto unknown niche. The release states:

DC sized the revenue for the standalone ECA applications market at $281 million in 2010. The top 5 vendors, by revenue, accounted for 71% of total revenue during this period. Given the reported revenue growth of the market leaders in the first half of 2011, IDC forecasts revenue for the standalone ECA applications market will total $400.8 million in 2011 and will reach $857.0 million in 2015,” said Vivian Tero, program director, Governance, Risk & Compliance (GRC) Infrastructure at IDC.

Consultants and advisors continue to struggle to get their arms around vendors who are changing direction without logic, notice or much reason. Consultants who fail to recognize this run the risk of creating “vapor niches”.

Jasmine Ashton, Sept 24, 2011

Written by Stephen E. Arnold · Filed Under Consulting, EDiscovery, News, Search, Search enabled applications

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Stephen E. Arnold monitors search, content processing, text mining and related topics from his high-tech nerve center in rural Kentucky. He tries to winnow the goose feathers from the giblets. He works with colleagues worldwide to make this Web log useful to those who want to go "beyond search". Contact him at sa [at] arnoldit.com. His Web site with additional information about search is arnoldit.com.