With the recent news that EMC is shopping Documentum in preparation for the Dell purchase of EMC, we have had lots of activity including the post on Monday regarding our thoughts about the what would happen to Documentum after the sale. EMC announced earnings this morning which includes the ECD (Enterprise Content Division), the division that includes Documentum. This post will discuss our thoughts on the earnings announcement.
With the recent announcement by Bloomberg about EMC shopping Documentum as well as EMC World/Momentum just two weeks away, many clients have been asking us about our thoughts on the impending sale of Documentum. Unlike the original purchase of Documentum by EMC in 2003, this sale is more of a fire sale as Dell/EMC are looking to sell off non-core assets for cash to reduce the massive amount of debt required for the EMC purchase. This post will address:
- Our thoughts on the current state of Documentum including revenues, technology, and value of the Brand
- Which companies may buy Documentum
- Our thoughts on what it means to current Documentum customers.
Over the last six years, OpenAnnotate has evolved from supporting only simple annotations to gradually supporting all XFDF features as well as additional collaboration capabilities. Driven by our clients, OpenAnnotate has added a variety of different functionality including collaboration, highlighting, indexing, and redaction. With a modern approach, OpenAnnotate has successfully replaced numerous legacy annotation tools including Documentum’s PDF Annotation Services and AnnoDocs. This post will present all of the new features that are available in OpenAnnotate 2.5.
Bloomberg reported yesterday that EMC is seeking to sell Documentum. As we have been reporting here when the Dell deal was initially announced, as well as when Dell announced the sale of their information-technology services business to NTT Data Corp (formerly Perot Services), we have predicted that Dell will look to sell off non-strategic components to reduce the debt burden. Bloomberg surmises that “a private equity firm will probably acquire it, though a sale won’t happen quickly”. Full article avaialble at http://www.bloomberg.com/news/articles/2016-04-06/dell-and-emc-said-talking-to-buyers-for-emc-s-documentum
Good video from MSN here – http://www.msn.com/en-nz/video/worldnews/dell-emc-weigh-sale-of-documentum/vi-BBrrNXU
As we have stated here a number of times, with Dell buying EMC for $67 Billion, we are predicting that Dell will likely sell off non-core assets like Documentum. Announced today, Dell is closing on it’s sale of IT Services (originally Perot Systems) to Japan’s NTT Data. Just a quick post, but earlier reports had mentioned that Dell had shopped the services firm to TCS along with other non-core businesses.
For those doubters out there asking “Why would Dell sell off a profitable business?”, with a debt of $43 billion, the “Cash Cow” or “Rising Star” businesses are the ones that will generate the most interest and amounts. We would expect that once the deal closes, Documentum to be one of those businesses similar to the earlier sale of Syncplicity before the merger.
With the upcoming purchase of EMC by Dell taking the lead of EMC related headlines, most of us missed the EMC earnings announcement that included the ECD division and Documentum. As we presented in 2014 (EMC Announces 2014 Earnings, Layoffs and thoughts of a spin-off) and 2013 and 2012, here are our thoughts on the earnings for 2015.
Similar to Documentum’s PDF Annotation Services End of Service/Support, CSC’s AnnoDoc team has announced that their Annotation tool for Documentum will be moving to unsupported as of July 2016. As a strategic partner with CSC, TSG is currently working with a multiple AnnoDoc clients to deploy TSG’s OpenAnnotate as a more robust, supported and lower cost replacement. This post will present how to migrate from an AnnoDoc environment to OpenAnnotate.
Based on multiple recent client efforts, TSG is formalizing our solution for Accounts Payable. This post will present how Ephesoft Smart Capture, a open source document capture solution, can be combined with OpenMigrate and HPI to deliver a more robust invoice and check processing solution for Alfresco, Documentum or Hadoop
During our development of our Contract Management Solution, we found a common requirement to initiate a contract is the extraction of values from the CRM system. For one client, the information from their CRM system (Salesforce) was a easy way to jump start the contract development process while improving data integrity and reducing keying. This post will present how capturing data from the CRM system (ex:Salesforce) can initiate the contract management process.
TSG is happy to announce our new Documentum D2 plugin that allows Documentum D2 users to leverage OpenAnnotate for their PDF annotation needs. OpenAnnotate is a next generation web based annotation tool (no client side components) that allows users to quickly create rich annotations on a PDF document or rendition. Continue reading