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Content Management
Interwoven's Third Quarter Gets Off To A Good Start
On the earnings front, Interwoven's Q2 revenue rose 16% to $63.2 million from $54.6 million for the same period last year. I found it interesting that its revenue breaks down roughly as 1/3 for software licensing and 2/3 for support and services. That raises the important point that the license is only a part of the overall total cost of ownership for almost every content management platform. Interwoven's acquisition of Discovery Mining is an interesting move, and gets it into the e-discovery business in a big way. E-discovery is the process in which legal teams compile, organize, and sort large amounts of digital content -- images, e-mails, documents, audio, and video files -- in preparation for legal proceedings or for regulatory compliance. This type of electronic records management has become particularly important in the past few years, due to the Sarbanes-Oxley Act and other regulations. The CPS Energy deal -- made in partnership with Enterpulse, an IT services company -- focuses on revamping the cpsenergy.com site. The updates are intended to improve usability, enhance self-service capabilities and support the creation and management of more targeted, robust content. With more than 600,000 electric and 300,000 natural gas customers, the site will likely have a significant user base, and using TeamSite as the CMS should support that quite well. Finally, we'd mentioned it a few weeks ago, but it bears repeating that Interwoven received a "Strong Positive" rating in Gartner's MarketScope for Web Content Management 2008. That's certainly a feather in its cap and will hopefully allow it to keep up the positive momentum it's shown in the first half of the year. Good stuff all around. « Omnisio (Google's Latest Buy) Could Go Where No Twitterer Has Gone | Main | Disk-Based Archive - Ready For Prime Time » |
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