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Global Content Services Platforms Market (2022 to 2027) – Growing Inclination Toward Adoption of RPA Presents Opportunities

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Dublin, July 01, 2022 (GLOBE NEWSWIRE) — The “Content Services Platforms Market with COVID-19 Impact Analysis by Component, Enterprise Size, Deployment Mode, Business Function (Accounting & Legal, Sales & Marketing, and Procurement & Supply Chain) Vertical and Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.

The global content services platform market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period, to reach USD 101.6 billion by 2027 from USD 48.9 billion in 2022.

As per business function, Human Resources segment to grow at a the highest CAGR during the forecast period

The content services platform market is segmented is sub segmented into Human Resource (HR), sales & marketing, accounting & legal, and procurement & supply chain management. As per business functions, HR is expected to grow at the highest CAGR during the forecast period.

The human resource management department is one of the crucial departments at every organization involved in managing employee-related processes, from recruitment and onboarding to payroll and administration. Traditionally, to manage employee databases for performance management and employee tracking, various Enterprise Resource Planning (ERP) suites or Human Resource Information Systems (HRIS) solutions are used to cover the basic human resource activities and processes. human resources systems help human resources maintain, manage, and process detailed employee information and human resources-related policies and procedures.

However, ERP and human resources software lack a few of the capabilities. Therefore, organizations across various verticals have been using content services platforms in the human resource department to manage employees’ unstructured content.

As per deployment mode, on-premises to have the highest market size during the forecast period

As per deployment mode, on -premises is estimated to have the highest market size during the forecast period in the content services platform market. On-premises solutions are provided for a one-time license fee as well as a service agreement. For huge infrastructure and a private data center that are crucial for installment of solutions in on-premises deployment is cost incurring. Therefore, SMEs usually face the problem of choosing between hosted and on-premises solutions. However, enterprises with good capital financing prefer on-premises solutions as they offer improved security linked to cloud-based solutions.

As per component, solutions to grow at the highest CAGR during the forecast period

As per component, solutions is estimated to hold the highest Compound Annual Growth Rate (CAGR) in the content services platform market. The solutions segment of the content services platform includes document & record management, workflow management, data capture, content reporting & analysis, case management, information security & governance, and other solutions. Other solutions include collaboration, version control, and eDiscovery. The solution providers offer tailored solutions to businesses according to the need of the business. The content services platform solutions enable organizations to fulfill demands along with helping businesses to grow.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in Content Services Platform Market
4.2 Market, by Component (2022 Vs. 2027)
4.3 Market, by Enterprise Size (2022 Vs. 2027)
4.4 Market, by Deployment Mode (2022 Vs. 2027)
4.5 Market, by Vertical (2021 Vs. 2027)
4.6 Market Investment Scenario

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Need to Enhance Content Security and Optimize Business Processes with Automated Workflows
5.2.1.2 Growing Adoption of Smac Technologies
5.2.1.3 Need for Regulatory Content Management for Enhanced Operations
5.2.2 Restraints
5.2.2.1 Complications in Handling Data Post Mergers and Acquisitions
5.2.3 Opportunities
5.2.3.1 Increasing Adoption of End-To-End Cross-Platform Solutions
5.2.3.2 Growing Inclination Toward Adoption of Rpa
5.2.4 Challenges
5.2.4.1 Increasing Security and Data Privacy Issues with Cloud Deployments
5.2.4.2 Lack of Skilled Workforce and Poor Management in Creating User Adoption Process
5.2.4.3 Difficulties with Integration and Implementation of Content Services Platform with Current Applications
5.3 Case Study Analysis
5.3.1 Case Study 1: Larsen & Toubro Infotech Financial Services Technologies Inc. Used Newgen Software’s Solutions
5.3.2 Case Study 2: John Carroll University Deployed Hyland’s Onbase to Manage Petition Process
5.3.3 Case Study 3: Legal Aid Western Australia Used Opentext Extended Ecm to Manage Content
5.3.4 Case Study 4: Powersouth Energy Cooperative Deployed Ibm’s Solutions for Content Management
5.3.5 Case Study 5: Astrazeneca Used Micro Focus’ Content Manager to Simplify Archive Process
5.3.6 Case Study 6: Mitani Deployed M-Files’ Solution to Manage Its Workflows
5.4 Porter’s Five Forces Analysis
5.5 COVID-19-Driven Market Dynamics
5.5.1 Drivers and Opportunities
5.5.2 Restraints and Challenges
5.6 Technological Outlook
5.6.1 Artificial Intelligence and Automation
5.6.2 IoT Technology
5.6.3 Augmented Reality
5.6.4 Blockchain Technology
5.7 Pricing Analysis
5.8 Value Chain Analysis
5.9 Ecosystem
5.10 Patent Analysis
5.11 Regulatory Landscape
5.12 Key Conferences and Events in 2022
5.13 Key Stakeholders & Buying Criteria
5.13.1 Key Stakeholders in Buying Process
5.13.2 Buying Criteria
5.14 Trends/Disruptions Impacting Buyers

6 Content Services Platform Market, by Component
6.1 Introduction
6.1.1 Component: Market Drivers
6.1.2 Component: COVID-19 Impact
6.2 Solutions
6.2.1 Document & Record Management
6.2.1.1 Electronic Way of Storing Data, Easy to Manage and Monitor, to Drive Demand for Document & Record Management
6.2.2 Workflow Management
6.2.2.1 Need to Run Multiple Tasks to Create Demand for Case Management Solutions
6.2.3 Data Capture
6.2.3.1 Data Capturing Reaching New Levels for Technical Improvement in Ai to Drive Data Capture Solutions’ Adoption
6.2.4 Case Management
6.2.4.1 Growing Need for Managing Business Processes to Create Demand for Case Management Solutions
6.2.5 Information Security & Governance
6.2.5.1 Growing Awareness Against Data Breaches to Create Need for Information Security & Governance Solutions
6.2.6 Content Reporting & Analytics
6.2.6.1 Very Complex and Difficult Data Collection Analyzing to Drive Adoption of Content Reporting & Analytics Solutions
6.2.7 Other Solutions
6.3 Services
6.3.1 Training & Consulting
6.3.1.1 Need to Resolve Business Challenges to Boost Demand for Training & Consulting Services
6.3.2 Support & Maintenance
6.3.2.1 Client Concerns Regarding Installed Program to Drive Demand for Support & Maintenance Services
6.3.3 Deployment & Integration
6.3.3.1 Need for Back-End Integration to Boost Growth of Deployment & Integration Services

7 Content Services Platform Market, by Deployment Mode
7.1 Introduction
7.1.1 Deployment Mode: Market Drivers
7.1.2 Deployment Mode: COVID-19 Impact
7.2 On-Premises
7.2.1 Overcoming Security Concerns Over Sensitive Data to Drive On-Premises Solutions’ Adoption
7.3 Cloud
7.3.1 Cost-Effectiveness and Scalability to Boost Adoption of Cloud Content Services Platform Solutions

8 Content Services Platform Market, by Enterprise Size
8.1 Introduction
8.1.1 Enterprise Size: Market Drivers
8.1.2 Enterprise Size: COVID-19 Impact
8.2 Large Enterprises
8.2.1 Need for Operational Efficiencies to Create Content Services Platforms’ Demand Among Large Enterprises
8.3 Small and Medium-Sized Enterprises
8.3.1 Lack of Resources and Stringent Marketing Budgets to Drive Content Services Platforms’ Adoption

9 Content Services Platform Market, by Business Function
9.1 Introduction
9.1.1 Business Function: Market Drivers
9.1.2 Business Function: COVID-19 Impact
9.2 Human Resources
9.2.1 Minimized Risk with Records Management to Drive Content Services Platform’s Adoption in Human Resources Operations
9.3 Sales & Marketing
9.3.1 Need for Predictive Analysis to Drive Content Services Platform’s Demand in Sales & Marketing Department
9.4 Accounting & Legal
9.4.1 Need for Workflow and Business Process Automation to Drive Content Services Platform’s Growth
9.5 Procurement & Supply Chain Management
9.5.1 Need for Content Syndication and Information Management to Drive Demand for Content Services Platforms

10 Content Services Platform Market, by Vertical
10.1 Introduction
10.1.1 Vertical: Market Drivers
10.1.2 Vertical: COVID-19 Impact
10.2 Banking, Financial Services, & Insurance
10.2.1 Increasing Company Operations and Enhancing Customer Service to Boost Content Services Platform Solutions’ Adoption
10.3 Consumer Goods and Retail
10.3.1 Need to Digitize Data and Manage It Efficiently to Accelerate Content Services Platform Solutions’ Adoption
10.4 Energy & Utilities
10.4.1 Rising Need to Manage Massive Amounts of Mission-Critical Material in Real Time to Drive Solutions’ Adoption
10.5 Government & Public Sector
10.5.1 Government Bodies Turning to Low-Code Development Platforms to Drive Solutions’ Adoption
10.6 Healthcare & Life Sciences
10.6.1 Need to Improve Performance and Outcomes to Drive Adoption of Content Services Platform Solutions
10.7 It & Ites
10.7.1 Digitalizing Business Processes to Meet Growing Customer Demands to Drive Solutions’ Adoption
10.8 Manufacturing
10.8.1 Developing New Approaches to Improve Decision-Making to Drive Content Services Platform Solutions’ Adoption
10.9 Media & Entertainment
10.9.1 Cloud Adoption Enables Businesses to Expand Operations and Establish a Digital Workplace
10.10 Telecommunications
10.10.1 Providing Multiple Accessibility in Systems to Drive Content Services Platform Solutions’ Adoption
10.11 Other Verticals

11 Content Services Platform, by Region

12 Competitive Landscape
12.1 Introduction
12.2 Key Player Strategies/Right to Win
12.2.1 Overview of Strategies Adopted by Key Content Services Platform Vendors
12.3 Market Ranking
12.4 Market Share of Top Vendors
12.5 Historical Revenue Analysis of Top Vendors
12.6 Company Evaluation Quadrant
12.6.1 Star
12.6.2 Emerging Leader
12.6.3 Pervasive
12.6.4 Participant
12.7 Startup/Sme Evaluation Quadrant
12.7.1 Responsive Vendors
12.7.2 Progressive Vendors
12.7.3 Dynamic Vendors
12.7.4 Starting Blocks
12.7.5 Competitive Benchmarking

13 Company Profiles
13.1 Introduction
13.2 Major Players
13.2.1 Microsoft
13.2.2 Ibm
13.2.3 Opentext
13.2.4 Box
13.2.5 Hyland
13.2.6 Laserfiche
13.2.7 Adobe
13.2.8 Oracle
13.2.9 M-Files
13.2.10 Newgen Software
13.3 Other Players
13.3.1 Fabasoft
13.3.2 Micro FocUS
13.3.3 Docuware
13.3.4 Objective
13.3.5 Grm Information Management
13.3.6 Ser Group
13.3.7 Kyocera Corp
13.3.8 Imanage
13.3.9 Intalio
13.3.10 Docstar
13.3.11 D.Velop
13.3.12 Square 9 Softworks
13.4 Startup/Sme Players
13.4.1 Templafy
13.4.2 Aodocs
13.4.3 File Cloud
13.4.4 Dmacq Software
13.4.5 Ripcord
13.4.6 Shelf
13.4.7 Paper Alternative Solutions
13.4.8 Zinger Stick Software
13.4.9 Nanonets
13.4.10 Ephesoft

14 Adjacent/Related Market

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/56rste

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Artificial Intelligence

Congregating in the Lion City for a Win-Win Future of Intelligent Computing at the Global Data Center Facility Summit 2024

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SINGAPORE, May 17, 2024 /PRNewswire/ — On May 17, 2024, the Global Data Center Facility Summit 2024 was held in Singapore with the theme of “Power the Digital Era Forward.” At the summit, over 600 data center industry leaders, technical experts, and ecosystem partners gathered to discuss new trends and opportunities of the global data center industry in the intelligent computing era. The attendees also got to experience all-scenario, all-ecosystem, and all-service end-to-end (E2E) solutions, share innovative practices of green data centers in the Asia Pacific and Europe, and experience the exhibition vehicle to unveil the mystery of Outdoor PowerPOD that features one power system per container. By fully embracing the intelligent computing era, Huawei strives to power the digital era forward.

Seizing Opportunities Brought by AI and Jointly Building Green & Reliable Computing Infrastructure
At the opening speech, Charles Yang, Senior Vice President of Huawei and President of Marketing, Sales and Services, Huawei Digital Power, noted that since ChatGPT ushered in the AI era, large models keep pushing the limits of computing power and the intelligent computing industry is witnessing an unprecedented construction boom. As predicted, 100 GW will be added to the global data center installed capacity and the market value will exceed US$600 billion in the next five years.
According to Charles, with opportunities come challenges. The primary challenge concerning the data center industry is reliability and electricity. Data centers are scaling up from the MW-level to the GW-level. E2E reliability of data centers is becoming even more important than ever. In response to the opportunities, Huawei will work with customers and partners to expand the industry space.
Steering Data Centers to the AI Era with Product + Service + Ecosystem
During the summit, Sun Xiaofeng, President of Huawei Data Center Facility & Critical Power Business, delivered a speech titled “Power the Digital Era Forward. ” He stated that as AI large models are penetrating, the surging compute demands drive the expansive growth in data center.
To address the challenges, Huawei strives to build product + service + ecosystem E2E data center solutions that feature fast deployment, flexible cooling, green energy, and ultimate reliability.
Fast deployment: Data centers are fully modularized and prefabricated to ensure high quality and efficient construction.Flexible cooling: Air-liquid fusion and integrated cooling source emerges as the optimal cooling architecture for intelligent computing.Green energy: New generation-grid-load-storage integrated solution is built to ensure the sound operations of intelligent computing centers.Ultimate reliability: Data centers are safeguarded through reliable products and preventive protection.Currently, Huawei’s global service network covers more than 170 countries with over 1800 professional engineers, providing 24/7 technical support. With N+ flagship service centers, Huawei has built a one-hour service radius for its customers.
The ecosystem is a key part for a win-win future of intelligent computing. Huawei works with partners to develop comprehensive E2E solutions and provide customers with one-stop data center services.
During the summit, Huawei and the ASEAN Centre for Energy released a white paper on “Building Next Generation Data Center Facility in ASEAN.” The document provides insights into the status quo, challenges, and trends of data centers in the ASEAN region, and emphasizes that efficient and energy-saving products and solutions should be applied. It also proposes future-oriented policy recommendations for data center markets.
In the ecosystem exhibition area, Huawei showcased scenario-based solutions for large-, medium-, and small-sized data centers, and demonstrated data center consulting, design, integrated development, and delivery capabilities with dozens of ecosystem partners including CIMC, Weichai, CSCEC, and Huashi.
On a special note, the Huawei Outdoor PowerPOD exhibition vehicle made its global debut. The Huawei Outdoor PowerPOD features one power system per container, outdoor deployment, plug-and-play, and high protection rating and reliability. It has become the preferred choice for decoupling the power supply architecture.
A single tree cannot make a forest.
AI is presenting great opportunities. By delving into the industry, aggregating partner ecosystems, and making innovations applicable to transformations, Huawei will continue to help customers build reliable computing infrastructure, accelerating the industry to embrace AI and powering the digital era forward.
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HOYA Group Company, PENTAX of America, Inc. and MAGENTIQ EYE Ltd. Announce their Intention to Form a Distribution Partnership for the U.S Market

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WASHINGTON D.C., May 17, 2024 /PRNewswire/ — HOYA Group Company, PENTAX of America, Inc. (PENTAX Medical) and MAGENTIQ-EYE Ltd., an AI medical device company, announced today their intention to form a partnership in the field of AI in Gastroenterology and to examine further collaboration and strategic partnerships.

Pending field trials and customer demonstrations to be conducted over the next several months, the companies expect to formalize an agreement as a first step in this partnership, by which PENTAX Medical will distribute the MAGENTIQ-COLO™ AI-assisted lesion detection device in the U.S.A. beginning October 1st, 2024. The system will be demonstrated at the upcoming Digestive Disease Week (DDW) in Washington D.C., U.S.A.
MAGENTIQ-COLO™ is a cutting-edge system for the detection of gastrointestinal lesions in colonoscopies. Successfully validated in an international multicenter, randomized, controlled trial (RCT) with 950 enrolled patients at 10 hospitals in Europe, United States and Israel, its outstanding diagnostic capabilities are setting new standards in endoscopic AI.
“We are excited to bring the MAGENTIQ-COLO™ device to the GI community in the U.S. Together with PENTAX Medical’s product portfolio, we are confident to provide a smart solution in colonoscopy and contribute further to colorectal cancer prevention”, says David Harrison, President PENTAX of America, Inc.
“Partnering with PENTAX Medical is an important milestone for us, as it opens new opportunities to introduce our game changing product to the U.S. market, benefiting doctors and their patients and saving more lives”, says Dror Zur, Founder & CEO of MAGENTIQ-EYE.
About MAGENTIQ-EYE Ltd.Founded in 2014, MAGENTIQ-EYE offers a groundbreaking AI-aided colonoscopy solution that offers one of the best performances known today. With worldwide recognition from the gastroenterology community, and dozens of procedures performed every day with the assistance of MAGENTIQ-COLO™, we are setting the new standard of colonoscopy, and saving more and more lives. www.magentiq.com 
About PENTAX Medical
PENTAX Medical is a division of HOYA Group. The company’s mission is to improve the standard of patient care and quality of healthcare delivery by providing the best endoscopic products and services with a focus on QUALITY, CLINICALLY RELEVANT INNOVATION, and SIMPLICITY. PENTAX Medical strives to align with the healthcare community’s Triple Aim goals through transparent partnerships with its customers and by providing the highest quality solutions to help them reach their goals, including enabling customers to improve patient outcomes by offering evidence-based solutions across the continuum of care; ensuring value by supporting the customers to improve their efficiency and minimize their healthcare costs; and enriching patient and provider’s experience by empowering every member of the care team to achieve optimal outcomes through products, education, and support. Focused on the outcome instead of technological features, PENTAX Medical listens to the healthcare community and their patients, understands their daily obstacles and helps improve endoscopy with smart innovations.
For more information: https://www.pentaxmedical.com
About HOYA
Founded in 1941 in Tokyo, Japan, HOYA Corporation is a global technology and med-tech company and a leading supplier of innovative high-tech and medical products. HOYA is active in the fields of lifecare and information technology, providing eyeglasses, medical endoscopes, intraocular lenses, optical lenses, as well as key components for semiconductor devices, LCD panels, and hard disk drives. With over 150 offices and subsidiaries worldwide, HOYA currently employs a multinational workforce of 36,000 people. For more information, please visit: https://www.hoya.com/en/

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Pearson augments nursing content with generative AI study tools to improve nursing education and address shortages

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HOBOKEN, N.J., May 17, 2024 /PRNewswire/ — Pearson (FTSE: PSON.L), the world’s leading learning company, today announced the integration of AI study tools into its Nursing: A Concept-Based Approach to Learning series, the only nursing concepts curriculum built from the ground up as a comprehensive, cohesive learning system.

Pearson’s AI study tools combine the power of generative AI technology with trusted Pearson content to provide scaffolded, guided help when students are stuck on homework problems, and personalized explanations, summaries, and practice problems for more efficient studying.
“Integrating AI study tools into our concept-based nursing series enhances the learning experience, giving nursing students and nurse educators the resources they need to efficiently study and master course concepts,” said Anne Fahlgren, GM of Pearson’s professional portfolio. “This technology will help more nursing candidates prepare for and enter the workforce, while also giving nurse educators the means to scale their teaching further, addressing major challenges in nursing education and society.”
The AI study tools beta will be available both in Pearson+ eTextbook and the accompanying MyLab Nursing course in time for Fall 2024. MyLab is an interactive teaching and learning platform, backed by content from Pearson authors. The platform, with integrated eTextbook, allows instructors to design their course, assign homework and assessments, and monitor student progress in real time.
The US is experiencing shortages of nurses and nurse educators. The National Academy of Medicine’s 2021 report on The Future of Nursing: 2020-2030 notes that, in order to provide sufficient care for an aging population over the next decade, a substantial increase in the nursing workforce will be needed that can practice “in community-based settings with diverse populations that face a variety of lived experiences.” The NAM’s report also references hundreds of nursing faculty position vacancies that have contributed to tens of thousands of qualified applicants being turned away from nursing school admission due to the inability to adequately meet student demand.
Concept-based nursing curriculum is designed to focus on key concepts emphasizing a holistic understanding of nursing principles that can be applied across different patient populations, healthcare settings, and situations. This approach strengthens clinical reasoning skills in the course of patient care. Incorporating generative AI tools into Pearson’s concept-based nursing content supports nurse educators in scaling their teaching and students’ ability to study more efficiently.
Dr. Michelle Aebersold, University of Michigan School of Nursing Clinical Professor and contributor to Nursing: A Concept-Based Approach to Learning, said “Technological advancements like generative AI are transforming the nursing profession. The ability to adapt in a rapidly changing environment is a critical healthcare skill, whether it’s in the course of patient care or in preparing our future nurses for the workforce. The ability of the AI study tools to provide a more user-centered, customized experience is a huge benefit for our students. I’m glad they will have access to Pearson’s AI tools that accommodate the variety of ways students learn and provide personalized support in the moment students need it most. This is the future of individualized learning.”
A Fall 2023 survey of students using Pearson’s AI study tools beta showed strong levels of engagement, with 75% of respondents saying the tools were helpful or very helpful to their studies.
The inclusion of generative AI study tools further solidifies Pearson’s dedication to providing the most comprehensive and effective learning and teaching resources for nursing students and nurse educators across the US. Pearson’s AI study tools are already available in more than 30 Pearson Mastering titles and are set to be integrated into more than 40 Pearson+ eTextbooks and MyLab and Mastering titles across math, science, business, and nursing for August of 2024.
Pearson is committed to investing in the responsible application of AI to advance product innovation and enhance the learning experience to educate, certify, and credential students and the workforce.
Pearson product experts are available to demo the AI study tools for members of the media. Please request demonstrations with the media contact below.
About Pearson
At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c. 18,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s leading learning company, serving customers in nearly 200 countries with digital content, assessments, qualifications, and data. For us, learning isn’t just what we do. It’s who we are. Visit us at pearsonplc.com.
Media [email protected]
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