The latest version of the Documentum Enterprise Content Management application, to be released Sept. 9, features improvements that the company hopes will make it easier for users to organize and store all of their critical information.
Documentum 5, which allows companies to catalog and easily access their business information, will be launched at Documentum Inc.'s Momentum 2 Worldwide User Conference in Orlando.
Improvements were built into the product through feedback from some 1,600 Documentum customers around the world, according to Lubor Ptacek, director of product marketing at the Pleasanton,Calif.-based company.
Among the new features are broadened compliance capabilities for companies in industries such as pharmaceuticals and financial services that must show adherence to state and federal regulations, as well as new interfaces on the various product modules to offer a more consistent appearance.
Also new in Version 5 are improved collaboration features that were designed to allow users to work more closely on projects and new trusted content features designed to support encryption, single-sign-on and digital signatures.
Pricing for Documentum 5 will be about US$300,000 to $350,000 for the average user company, Ptacek said.
Joshua Duhl, a contributing analyst at Framingham, Mass.-based IDC, said Documentum listened to existing users when it made many of the improvements.
"They're definitely trying to address both their installed base of users as well as attract new users," Duhl said. "They've done work to make it support a whole range of applications."
Documentum focuses its business on the corporate market and competes with content management companies like FileNet Corp. in Costa Mesa, Calif., Toronto-based Hummingbird Ltd., IBM and Waterloo, Ontario-based Open Text Corp.