SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Open Text
OTEX 33.01+0.5%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael L. Bland who wrote (157)1/1/1997 3:42:00 PM
From: White Shoes   of 1195
 
Happy New Year, everyone:

Intranet Integration,
Training Growth
Predicted For '97

By Randy Barrett
December 31, 1996 12:26:46 PM EST
Inter@ctive Week Online

The Intranet explosion will continue in
1997, with integration and training the big
sellers, according to a new market study
due for general release next week.

The study by CAP Ventures Inc. in
Marshfield, Mass., gleaned information
from 550 midsized and large U.S.
corporations and targeted Intranet surveys
of 150 companies.

Market size is expected to grow 106
percent in 1997 to $8.4 billion. Key areas
of expansion will include Intranet
development; integration and
programming, up 171 percent to $1.8
billion; and training, up 165 percent to
$1.2 billion.

"Whereas 1996 was the year of setting up
the Intranet, 1997 will be the year of
putting the Intranet to use," the study said.
"Companies wanting to take a position in
this market will have a potentially unique
opportunity to establish a share in a
climate of unusually fast growth."

Overall, the CAP Ventures numbers are
more conservative than those Zona
Research Inc. released last fall.

"Zona's numbers say all the dollars will be
made on the systems side," said study
author Bill Zoellick. "We don't find that at
all." For example, the CAP Ventures study
predicts authoring program sales will
grow 66 percent to $435 million and
content management packages will jump
187 percent to $700 million.

The report also includes a breakdown of
1997 Intranet expenditures by industry.
Finance houses lead the pack at $1.3
billion. The communications industry runs
a close second at $1 billion, followed by
printing and publishing at $500 million.

____
Keep in mind that Open Text's market is global. The German scientific journals announcement and the fact that French publisher Grolier Inc. and Oxford University Press are customers indicate that Open Text is a favorite in the publishing industry.

I have a feeling that one of these weeks or months the market will decide to factor in all of this 1997 and 1998 growth, possibly all at once.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext