Each year, Aragon Research selects Hot Vendors across multiple markets that are doing something truly new or different. They may have new technology that expands capabilities, a new strategy that opens up markets, or just a new way of doing business that makes them worth evaluating.
Part II of our Hot Vendors Special Report for 2016 includes Hot Vendors in Digital Transaction Management, Hot Vendors in Mobile Content Management, and Hot Vendors in Unified Communications and Collaboration PaaS.
Digital Transaction Management is one of the fastest growing categories in overall digital transformation. With a market size that Aragon estimates to be $30 billion by 2020, there is unlimited opportunity, in part because there is so much paper that drives many business processes. Aragon estimates that enterprises still spend 1 to 2.5% of revenues on paper processes. These six Hot Vendors are helping enterprises take the first necessary step to becoming fully digital.
Content is everywhere, and it needs to be managed more securely than ever before. Enterprises are seeking ways to monitor their content no matter where it resides or who is accessing it, and whether it is being accessed via mobile or in a traditional office environment. The four Hot Vendors identified in this report are addressing the need to manage content in multiple clouds and on a variety of devices.
Communications and Collaboration PaaS is seeing rapid adoption by existing and new application providers because these capabilities allow developers to build and deploy new bleeding-edge contextual collaboration apps. Aragon identifies three Hot Vendors in this category.