Synergis Adept Recognized as a Leader in ECM and PDM in G2's Spring 2022 Reports – Business Wire
Verified reviewers place Adept at the top for Best Usability, Fastest Implementation, Best Support, and Best Relationship
Verified reviewers place Synergis Adept engineering document management at the top for Best Usability, Fastest Implementation, Best Support, and Best Relationship (Graphic: Business Wire)
Verified reviewers place Synergis Adept engineering document management at the top for Best Usability, Fastest Implementation, Best Support, and Best Relationship (Graphic: Business Wire)
QUAKERTOWN, Pa.–(BUSINESS WIRE)–Synergis Software, a global leader in engineering document management and workflow solutions, announced today that Synergis Adept was named as a Leader in the Enterprise Content Management and Product Data Management categories in the G2 Spring 2022 Grid® Reports. G2 is a peer-to-peer business software review website that helps companies choose the best tools for their business. Products in the Leader quadrant are rated highly by verified users of the software product and have significant market presence scores.
According to G2’s 2022 Spring Reports, Adept software earned 18 G2 Badges with top placements for “Best Usability”, “Fastest Implementation”, “Ease of Setup”, “Ease of Admin”, and “Highest User Adoption”, and grade the company as “Easiest to do Business With” and “Best Support”—recognition Synergis has received consistently over the past seven quarters.
“These achievements reflect the experience we deliver with our software and the relationships we build with some of the world’s best companies,” says Scott Lamond, vice president of marketing at Synergis Software. “Delivering value in ways that are meaningful to our customers is our top priority, so the G2 results really matter to us. Our customers range from small to very large across varied industries, and they’re all part of the Synergis family. We’re grateful for their trust and inspired to bring them even greater value as we grow together.”
G2 highlights the value of Adept engineering document management software across three categories: Enterprise Content Management, Product Data Management, and Construction Drawing Management. G2 Spring 2022 badges include:
The G2 reports are based on direct customer feedback combined with G2’s unique algorithm that calculates customer satisfaction and market presence scores in real-time.
For more details about Adept in the G2 Spring 2022 Reports, visit our website.
Quotes from Verified Users about Synergis Adept
“Adept manages billions of dollars of digital assets containing priceless Dow intellectual property, with thousands of users across several dozen global sites.”
Teresa Yang, Product Manager, Document Management, Dow Chemical
“No other software company anywhere works as closely with their customers. The staff is incredibly responsive and consistently goes above and beyond to solve customer issues. For a system your business cannot operate without, this is invaluable.”
Ryan Mongeau, Director of Technology, Space Age Electronics
“Adept has improved our efficiency/processes by 200%. What once took hours in the old systems, I can do in minutes. It’s a very powerful system with unlimited possibilities for adding more useful information for future projects. And the Helpdesk team can tackle and/or resolve any issue I bring to them to improve or streamline our processes.”
Milias H, The Folger Company, Document Control Service Provider
About Synergis Software
Synergis Software is a global leader in document management and workflow solutions and is the creator of Synergis Adept software. Adept serves more than 120,000 users across dozens of industries providing fast, centralized access to design and business documents in a secure, collaborative environment. Adept Integrator connects your enterprise applications so your data and business processes flow seamlessly across your entire IT infrastructure.
Named the customer service leader in the global engineering information management market by Frost & Sullivan and ranked in the Top 5 globally by Helpdesk International for three consecutive years, our commitment to clients is unwavering.
Founded in 1985, Synergis Technologies, LLC is headquartered in Bucks County, PA and is privately owned and funded.
Adept has been battle tested by engineers for over 30 years with customers such as Dow Chemical, Con Edison, General Mills, Merck, NASA, and Nucor Steel.
About G2 Crowd
G2 is the world’s largest tech marketplace where businesses can discover, review, and manage the technology they need to reach their potential. Today, more than 3M people visit G2 to read and write authentic reviews about thousands of software products and professional services.
Scott Lamond
Vice President of Marketing
Synergis Software
Email: scott.lamond@synergis.com
Phone: (215) 302-3006
Synergis Adept recognized as a Leader in ECM & PDM in G2 Spring 2022 reports, ranking first in usability, implementation, support, and relationship.
Scott Lamond
Vice President of Marketing
Synergis Software
Email: scott.lamond@synergis.com
Phone: (215) 302-3006
- Published in Uncategorized
Compound Management System Market to Exhibit Impressive Growth of CAGR during the period 2022-2028 – NewsOrigins
Global Compound Management System Market is a survey of the market status of keyword makers with leading Key players, definition, SWOT analysis, expert opinions and current developments in the world. The research report also focuses on Porter’s five forces analysis and presents some leading manufacturers in the Compound Management System market. The report aims to change marketing dynamics such as growth drivers, market challenges and constraints, as well as trends and opportunities to interested parties to provide industry recommendations and business advice to total success in the global Compound Management System market.
The latest research report on Compound Management System market assesses the past and current business scenario, as well as provides insights into the upcoming trends to assists stakeholders in comprehending the industry behavior. It uses well-known approaches to predict significant parameters such as growth rate, size, and share of the market and sub-markets.
Taking the analysis further, the research highlights the main drivers and unexplored avenues, along with data regarding risks & challenges in this domain, and techniques to overcome them. It also elaborates on the competitive landscape, and emphasizes on the strategies, financials, and current events with respect to the major players in this domain.
Request Sample Copy of this Report @ https://www.newsorigins.com/request-sample/57739
Market segmentation and coverage
Product range: Software , Hardware ,Application Insights ,This report has provided the market size (revenue data) by application, during the historical period (2017-2022) and forecast period (2023-2028). ,This report also outlines the market trends of each segment and consumer behaviors impacting the Compound Management System market and what implications these may have on the industry’s future. This report can help to understand the relevant market and consumer trends that are driving the Compound Management System market. andCompound Management System
Application spectrum: Biobank , Biopharma Companies , Pharma Companies , Contract Research Organization , Others ,Regional Outlook ,This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue data of each region and country for the period 2017-2028. ,The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2022 and forecast revenue for 2028. , North America , United States , Canada , Europe , Germany , France , UK , Italy , Russia , Nordic Countries , Rest of Europe , Asia-Pacific , China , Japan , South Korea , Southeast Asia , India , Australia , Rest of Asia , Latin America , Mexico , Brazil , Rest of Latin America , Middle East & Africa , Turkey , Saudi Arabia , UAE , Rest of MEA ,Key Drivers & Barriers ,High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects. ,COVID-19 and Russia-Ukraine War Influence Analysis ,The readers in the section will understand how the Compound Management System market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. ,Reasons to Buy This Report andThis report will help the readers to understand the competition within the industries and strategies for the competitive environment to e
Regional bifurcation: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
Overview of the competitive landscape
This report aims to provide a comprehensive presentation of the global market for Compound Management System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Compound Management System. The Compound Management System market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Compound Management System market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments. The report will help the Compound Management System companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, tttt product type, application, and regions. Key Companies & Market Share Insights In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue by companies for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include: Brooks Life Sciences Tecan Hamilton Company TTP Group Labcyte Biosero BioAscent Beckman Coulter, Inc. Titian Software Azenta Product Type Insights Global markets are presented by Compound Management System type, along with growth forecasts through 2028. Estimates on revenue are based on the price in the supply chain at which the Compound Management System are procured by the companies. This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows revenue data by type, and during the historical period (2017-2022) and forecast period (2023-2028). Compound Management System segment by Type Software Hardware Application Insights This report has provided the market size (revenue data) by application, during the historical period (2017-2022) and forecast period (2023-2028). This report also outlines the market trends of each segment and consumer behaviors impacting the Compound Management System market and what implications these may have on the industry’s future. This report can help to understand the relevant market and consumer trends that are driving the Compound Management System market. Compound Management System Segment by Application Biobank Biopharma Companies Pharma Companies Contract Research Organization Others Regional Outlook This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue data of each region and country for the period 2017-2028. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2022 and forecast revenue for 2028. North America United States Canada Europe Germany France UK Italy Russia Nordic Countries Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA Key Drivers & Barriers High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects. COVID-19 and Russia-Ukraine War Influence Analysis The readers in the section will understand how the Compound Management System market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. Reasons to Buy This Report This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Compound Management System market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market. This report will help stakeholders to understand the global industry status and trends of Compound Management System and provides them with information on key market drivers, restraints, challenges, and opportunities. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. This report stays updated with novel technology integration, features, and the latest developments in the market This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Compound Management System industry. This report helps stakeholders to gain insights into which regions to target globally This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Compound Management System. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution. Core Chapters Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term. Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry. Chapter 3: Detailed analysis of Compound Management System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 4: Provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 5: Provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development and etc. Chapter 12: The main points and conclusions of the report. are the prominent organizations powering Compound Management System industry dynamics. Basic information about the enumerated firms, their portfolios, and financial data such as sales, pricing techniques, and revenue are all included in the document. The study also lists effective strategies to help newcomers and other firms plan their course of action, such as mergers and acquisitions, collaborations, product or service launches, and other expansion plans.
Summary of the industry value chain analysis
By emphasizing on the top distributors, sales channels, and customers, the document provides insights into the industry value chain structure. This allows organizations to adjust expenses as needed throughout the product/service lifecycle while maintaining uncompromised consumer experience.
Global Compound Management System Market research report offers:
Key Questions Answered within the Compound Management System Market Report
Request Customization for This Report @ https://www.newsorigins.com/request-for-customization/57739
At NewsOrigins, we offer the latest news, prices, breakthroughs, and analysis with emphasis on expert opinion and commentary from the Finance and Stock community.
At NewsOrigins, we offer the latest news, prices, breakthroughs, and analysis with emphasis on expert opinion and commentary from the Finance and Stock community.
Physical Address
3172 N Rainbow Blvd
Las Vegas, NV 89108
Contact Details
Email – [email protected]
- Published in Uncategorized
Data room vendors in Canada: An overview of the features and offers – AppleMagazine
The use of data room software in Canadian companies keeps growing due to the highest degree of security of stored data. VDR is the best way to organize and communicate corporate information to stakeholders. You get a bank-grade repository with integrated tools that facilitate business processes. Despite the key similarities, VDRs also have differences among themselves. Modern data room services have different characteristics, ways to contact the support service, pricing policies, or virtual storage sizes. In this article, we will help you understand the critical features of VDR for choosing the best solution in Canada.
Virtual data rooms are the most important business solutions used in M&A transactions when expanding a company’s operations or attracting investors. In addition, clients, lawyers, bankers, entrepreneurs, and professionals in other fields use data room software to store and share business-critical files and documents. Therefore, it is imperative to choose a reliable provider of this service. Ultimately, the security of your business depends on your choice. Below are the main aspects to consider when selecting data room vendors.
VDR software eliminates physical paper, resulting in less expense and less office clutter. With extensive document management and security features, the online data room software helps improve workflow and increase staff efficiency. In addition, Q&A and comment areas in the online data room allow for better collaboration and communication with business partners.

VDR software already plays a key role in the M&A business. These transactions involve large amounts of data collected, shared, and analyzed by all parties involved in the business, including sellers, buyers, and resellers. At the same time, a reliable electronic data room in Canada must have the following functionality:
The need to store and share data seamlessly and securely through the due diligence process makes virtual data rooms integral to M&A transactions. VDR software ensures that everyone involved in M&A deals can quickly request, share, view, and organize documents or files during business negotiations.
Canada’s top virtual data room providers ensure that your data is protected from external and internal threats. Before subscribing, the provider offers data security features such as rogue protection, network firewalls, virus protection, data encryption, etc. Physical security includes disaster protection, industrial-grade data centers, data backup, data redundancy, and biometric access. By ensuring the proper security of corporate data, you will reduce reputational risks for your business and open up new opportunities.
Online data room software is essentially a business asset that will help you achieve your future goals. Therefore, it is crucial to take enough time to compare products from the most reliable providers that offer quality services. Then, choose a virtual data room provider that promotes long-term collaboration. The tips mentioned above can make selecting the best electronic data room in Canada easier.
News content on AppleMagazine.com is produced by our editorial team and complements more in-depth editorials which you’ll find as part of our weekly publication. AppleMagazine.com provides a comprehensive daily reading experience, offering a wide view of the consumer technology landscape to ensure you're always in the know. Check back every weekday for more.
- Published in Uncategorized
Different Types of Legal Software Available for Lawyers in 2021 – MobileAppDaily
These different types of legal software for lawyers can help you in making your legal practice more productive and easier to manage.
Published on October 29, 2021
Law firms or legal sectors, in general, are under massive transition thanks to the pandemic and constantly evolving technology. Therefore, with this transition comes the need for special systems to help handle increasing demands and complex legal activities. This is why there is an immense need for different types of legal software that can effectively manage different problems.
So, today in this post, we will explore different types of the best software for lawyers available. But more importantly, we will help you find which best software for lawyers is right for your office.
First of all, it is essential to know what each tool does in order to select the right legal software for your office. This is simply because the options are seemingly endless when it comes to choosing which legal software to go with for a particular problem.
With that said, here are some of the top legal software examples for lawyers-
Time is an integral part of any business, and being able to track time and effectively bill time worked will actually be great. Fortunately, there are several lawyer accounting software for tracking time and billing. However, it is crucial to define what type of time and billing software you actually need. This is simply because there are several kinds of accounting software for lawyers; some are ideally set to fit legal professionals while others can be used in any industry.
Therefore, how do you find lawyer accounting software that will suit you?
Well, it's easy. First, you need to determine what you expect your legal software solutions will accomplish. And so, if you just need something basic that will do the trick, then you can go for legal software solutions that can be used in any industry. Mind you, this kind of software will be cheaper than the one set basically for legal professionals. This means if you need legal software solutions with features that are specifically suitable to your field and help you deal with or complete other legal actions, then you will need to narrow down your field. By doing this, you will be able to enjoy more services apart from just timing and billing with this accounting software for lawyers.
To strengthen your case or argument, you will basically need to include legal sources in your legal documents. This is primarily necessary when dealing with elements of legal publishing or when presenting a case or information at federal court.
Generally, Legal sources help create a strong argument by providing sources of reference where your claim is right or supported. Therefore, to find these sources, you will need a legal citation generator software used by law firms that ideally helps generate reputable sources, like governments or the supreme court.
So, how does a legal citation generator software used by law firms work? You may ask!
Lawrina's legal citation generator software used by law firms is relatively straightforward to use, and here are the 3 steps on how to use it. First, the above link, which will take you over to the generator page and then:
Having a very document-centric advocacy software is very important in enhancing your legal organization as well as improving time management. Notably, a legal industry will be dealing with various confidential documents. And because of that, you will need to keep these documents secure, which allows you quick accessibility. Traditional methods, therefore, will not be the best solution to go within this case.
To solve this problem, there are different ideal examples of law firm software that you can use, such as Google Drive, that is free to use. However, there are other proven solutions like Worldox and NetDocuments that are suitable for the legal industry.
The good thing about most of these law firm software is that they are cloud-based. Therefore, this means you can collaborate with your legal team on any project with ease via any of the best legal apps named above.
Legal software programs such as Microsoft Office Suite are some of the essential and most used law firm software solutions globally. The main benefits of these tools are to help you create, organize, and present your case facts or arguments.
This includes programs like:
However, Google's G Suite, a top advocacy software, is currently one of the most used cloud-based solutions, with more people choosing it over other solutions. G Suite, the top advocate office management system, provides you with all advanced Google Workspace plans for your business. They have collaborated with tools like Gmail, Drive, Meet, Calendar, Chat, Docs, Sites, Slides, Sheets, Forms, and more.
Additionally, the advocate office management system offers different pricing points meaning you can find the ideal pricing point for your business without forgoing any essential services.
Nowadays, the online payment system is a common and must-have feature, especially if you offer your services online. In fact, about 60 percent of bills currently are mainly paid online or automatically. This is according to surveys by Claire Greene and Joanna Stavins on Consumer Payment Choice done in 2016 and 2017.
And so, based on these surveys, it is recommended that you have an online payment system for your clients. Payment systems such as LawPay online payment processing solution legal practice management software are perfect for you.
Allowing your clients to conveniently pay invoices from their mobile device or computer using eCheck, debit card, or credit card will eliminate barriers existing in an in-person transaction.
In conclusion, there are many types of law practice management software, with some offering one service while others offering multiple services. However, all you need to do is to define what you need and what you expect your law practice management software to accomplish for you. Doing this will eliminate lots of hassles involved in choosing the right one from various types of legal software tools.
Finally, these legal practice management software are suitable to be used by both big and small law firms.
He is responsible for marketing programs, brand management, and corporate sponsorships. He thrives on challenges, particularly those that expand the company’s reach. Next to work, Shadow, his dog, immensely contributes to his happiness.
App Follow
Dotcominfoway
Moburst
The Ultimate Netflix Guide – History, What To Watch, Tips & Tricks and More
For a large majority of people, Netflix is something that has been in the limelight for just a few years, but little do they know that it is a brand that has been on the market for more than two decades now. Surprising, isn't it?Well, Netflix didn't make its debut as an online Movie Stre
HitPaw Watermark Remover Review: Remove Watermarks Seamlessly
Have you recently come across a video or an image on the internet that you think is perfect for a presentation, but it also includes a watermark? Are you in a hurry and want to urgently remove a watermark from a video or an image?If you are going through the same conundrum, the chances are that
How Mobile Marketers Use IoT Apps To Increase Efficiency in 2021
Technology enthusiasts have been talking about the concept of the Internet of Things for years. But, with products like Google Home and Amazon Echo constantly gaining popularity, it’s justified to say that we are closer to an age where products are backed by the power of emerging tec
How To Retarget Your Mobile App Users Effectively?
All strategies for mobile apps have a similar key objective and that is 'focusing on how to make more and more people use the app'. And this is where the concept of app retargeting comes into the picture because it is must easier to turn your already existing customers into your app's lo
How Online App Reviews Affect Business Revenue?
Online reviews play a crucial role when it comes to digital products and services nowadays, and the same is the case with Web-based and mobile applications. As an app user, you are more likely to stumble on apps with hundreds and thousands of downloads and reviews in the app stores like Google Play
Copyright © 2022
MobileAppDaily.
All rights reserved
Stay updated with the top stories of the mobile industry.
Cut to the chase content that’s credible, insightful & actionable.
Get the latest mashup of the App Industry Exclusively Inboxed
- Published in Uncategorized
The Curious Case of “Monti” Ransomware: A Real-World Doppelganger – BlackBerry Blog
A ransomware victim called in the BlackBerry Incident Response (IR) team during this year’s 4th of July holiday weekend. We quickly realized we were investigating an attack by a previously unknown group, calling themselves "MONTI." They encrypted nearly 20 user hosts along with a multi-host VMware ESXi cluster that brought down over 20 servers.
Threat research shows that the only credible reference of the “Monti” ransomware group prior to today was a tweet from security researchers at MalwareHunterTeam, posted on June 30, 2022. The Twitter post mentioned the possibility that Monti ransomware may have had “5-10 victims in the past months,” though no data is publicly available on these victims.
Most Indicators of Compromise (IOCs) identified by the BlackBerry IR team in the Monti attack were also seen in previous Conti ransomware cases — except one: Monti threat actors leveraged the Action1 Remote Monitoring and Maintenance (RMM) agent.
This article provides a general overview of the incident, denotes the unique characteristics of this “new” threat actor group, and includes malware analysis of the payload used. We also include a breakdown of “Veeamp,” a password stealer malware targeting the Veeam data backup application, which was identified during the incident.
On July 5, 2022, a client engaged the BlackBerry® Security Services Incident Response team to perform a forensic investigation and respond to a ransomware-related security incident. The security incident occurred when a threat actor group calling itself “MONTI” obtained access to the client’s environment.
The threat actor apparently intruded via an exploitation of the well-known “Log4Shell” vulnerability (a.k.a. CVE-2021-44228) in the client’s internet-facing VMware Horizon virtualization system. At the time the BlackBerry team was engaged, the operators had already initially encrypted 18 user desktops. They also encrypted a three-server ESXi cluster that resulted in 21 virtualized servers being impacted. Figure 1 provides an overview of the incident.
Figure 1 – Overview of the “MONTI strain” ransomware incident
The threat actor initially obtained access to the client’s VMware Horizon Connection Broker server via Log4Shell exploitation on June 29, 2022. After entering the client’s environment, it installed the Google Chrome™ browser and used it to download attack tools to the server.
The threat actor also downloaded and installed two remote monitoring and maintenance (RMM) agents, AnyDesk and Action1, which we’ll describe in more detail later. It used these agents to establish persistence within the network and to facilitate additional remote access.
The attackers also used tooling they’d brought into the environment to dump credentials from memory and scan the network. They used Microsoft® Windows® built-in Remote Desktop Protocol (RDP) to connect to other servers, access data files on network shares, and eventually to deploy the “MONTI” strain of ransomware. The goal of this activity was to encrypt multiple hosts within the network (including Veeam-based backups).
The threat group referring to itself as “MONTI” is little-known within the threat intelligence community. The limited evidence we discovered regarding this threat actor indicates they emerged between May and June 2022.
Based on analysis conducted in this investigation, BlackBerry researchers believe that the Monti group has purposefully (and brazenly) mimicked the better-known "Conti" team’s tactics, techniques, and procedures (TTPs), along with many of its tools and its ransomware encryptor payload.
It seems likely that attackers chose this blatant emulation strategy because of the availability of Conti group’s internal communications, chat logs, training guides, real-world identities, and source code — all of which were publicly leaked on the internet starting in February 2022. Having access to this trove of information effectively gave Monti threat actors a step-by-step guide to emulating Conti’s notoriously successful activities.
As a response to the data leak, the Conti group went into hiding. Currently, the original Conti ransomware operations group is believed to have dispersed and is no longer in business.
At the time of writing this report, public internet and darknet research revealed only a single mention of the Monti ransomware crew, in the form of a Twitter post from the account “MalwareHunterTeam” (@malwrhunterteam). This tweet, shown in Figure 2, includes a screenshot of the “MONTI strain” ransomware note, and alludes to possible re-use of the Conti codebase.
Figure 2 – A tweet from June 30, 2022, discussing “MONTI strain” of ransomware
Because a mountain of analysis already exists to explain Conti ransomware operations, we will focus on what makes the Monti group unique, and what you can expect when a “doppelganger” group such as this spins up operations.
The ransom note left by the threat actor is taken directly from previously seen Conti notes, with two minor changes:
As of July 5, 2022, the .onion domain provided for contacting Monti was unavailable. BlackBerry researchers were unable to find any indication that the domain was ever accessible. Public and darknet research, along with communications with fellow incident response firms, did not reveal any confirmation that the domain was up and running at any time.
Given the lack of evidence from other Monti cases, we might never know if the domain was ever accessible. If this is the case, the Monti group might have never been able to collect a ransom. (Should any researcher reading this article have information on a Monti domain/URL being accessible, we would love to hear from you.)
In addition to changes in the ransom note, the threat actor leveraged a commercial, cloud-based RMM platform called Action1, which has not previously been used in a ransomware attack. Ransomware actors, including Conti, commonly use commercial RMMs such as AnyDesk during their attacks. In fact, instructions for installation and configuration of the AnyDesk RMM are detailed in the “CobaltStrike MANUALS_V2 Active Directory” attack manual that was leaked from the Conti group in 2021. Figure 3 shows a screenshot from this manual, featuring AnyDesk installation instructions.
Figure 3 – Example of installation instructions for AnyDesk, as seen in a leaked “CobaltStrike MANUALS_V2 Active Directory” document
The names of the Action1 agent executables that threat actors used in the Monti attack matched those used by the RMM product itself. Specifically, the files found within the client environment were labeled “action1_agent.exe” and “action1_remote.exe.”
When ransomware actors change a file’s name, they often do not change the OriginalFileName value. This value is found within the portable executable’s (PE’s) resources. Though alteration of this value is possible, many actors leave these values alone. As such, you can often find a renamed file by querying against the OriginalFileName value via your endpoint detection and response (EDR) tool, or Sysmon, among other tools.
Figure 4 shows the file version information for action1_agent.exe, as seen on VirusTotal.
Figure 4 – action1_agent.exe file version information as seen on VirusTotal
An example Lucene-based query for the Elasticsearch search and analytics engine might be [OriginalFileName:"action1_agent.exe"]. (Keep this method in mind, as it is very handy during ransomware investigations.)
The attackers used two well-known temporary file transfer websites – dropmefiles.com[.]ua and temp[.]sh – to bring tools into the network and to exfiltrate data. They leveraged the Google Chrome web browser to access these sites and download tools.
The attackers’ choice to use Chrome™ rather than Internet Explorer (IE) may be due to the client’s implementation of Enhanced Security Configuration (ESC), an option that can be enabled on Windows servers that prohibits general internet browsing via IE. To bypass the ESC configuration, the attackers used Chrome, allowing them to freely browse web pages.
Table 1 lists the various tools leveraged by the Monti group.
Tool
Type
Details
Action1 RMM
RMM
– Commercial Remote Monitoring & Maintenance agent.
– Used by TAs to provide remote access to a victim network.
AnyDesk RMM
RMM
– Commercial Remote Monitoring & Maintenance agent.
– Used by TAs to provide remote access to a victim network.
Avast Anti-rootkit driver
Bypass Tool
– Avast’s Anti-rootkit library is useful for removing rootkits.
– Used by threat actors to remove endpoint security products such as antivirus (AV)/endpoint protection platforms (EPPs)/ endpoint protection and response (EDR), etc.
GMER
Bypass Tool
– Rootkit detector and remover
– Used by threat actors to remove endpoint security products such as AV/EPP/EDR, etc.
MEGASync
Data Theft
– MEGA.io’s proprietary file synchronization agent.
– Used by TAs to exfiltrate data from victim networks to cloud storage provider MEGA
Mimikatz
Credential Theft
– Free and open-source tool used to dump credentials, perform pass-the-hash/token attacks in networks, and generally obtain access to legitimate credentials
netscan
netscan64
Network Scanner
– SoftPerfect Network Scanner tool
– Used by threat actors to scan internal networks to identify sources for lateral movement
PSEXEC
Lateral Movement
– Microsoft "SysInternal" suite utility designed for administrators to run commands on remote systems and/or copy files to remote machines
– Commonly used by threat actors to run processes remotely and to facilitate lateral movement
PuTTY
Data Theft
– Data transfer tool commonly used by network administrators
– Used by threat actors to exfiltrate data from victim networks
Veeam-Get-Creds
Credential Theft
– Open-source PowerShell script designed to dump credentials from Veeam backup software
– See https://github.com/sadshade/veeam-creds
Veeamp
Credential Theft
– Custom Veeam password dumper written in Microsoft .NET
– Detailed in the Malware Analysis section found later in this article
WinRAR
Data Theft
– Commercial data archival tool popularized in the early days of the internet and still used by many entities
– Often used by threat actors to archive data prior to exfiltration
WinSCP
Data Theft
– Data transfer tool used by network administrators
– Used by threat actors to exfiltrate data from victim networks
Table 1 – Tools used by the Monti threat group
We reviewed various web browser-related files to analyze attacker access. For example, history and cache files from Internet Explorer, Chrome, and Firefox browsers revealed files potentially accessed by attackers. BlackBerry researchers uncovered more than 250 URLs indicating systems and files the threat group likely accessed.
Using the forensic data available on the client’s system, we were able to identify a single instance of data exfiltration. The attacker dumped the process memory of the Local Security Authority Server Service (LSASS) on the Horizon Connection Broker server, to a file named “lsass.DMP.”
This filename (specifically with the uppercase file suffix) is the default name given to files created from memory dumps of the LSASS process, when using Windows Task Manager. While attackers can change this filename, when this default name is used, this gives a hint at the provenance of the file.
The memory pages allocated to the LSASS process include credentials stored in memory that Windows uses for various authentication and authorization procedures. As such, someone who dumps the memory for this process can recover plaintext credentials by using a tool such as Mimikatz to process the memory dump. Mimikatz can also use this file to facilitate Pass-the-Hash and similar attacks.
During data access analysis, BlackBerry researchers found that the threat actor accessed a URL associated with the DropMeFiles file-sharing website. Ransomware operators like this site because it offers temporary and anonymous file-sharing services. We visited the identified URL and confirmed that the attackers uploaded the dumped lsass.DMP file to the DropMeFiles site. Though users of this service can delete files at will, the threat actor neglected to do so. Thus, BlackBerry was able to obtain and review the exfiltrated memory dump.
Figure 5 is a screenshot of the DropMeFiles site showing the lsass.DMP file that the threat actor exfiltrated from the client’s Horizon Connection Broker server.
Figure 5 – Screenshot showing lsass.DMP exfiltration via DropMeFiles
Before we get into Monti’s reuse of Conti’s encryptor code, we want to point out a helpful trick that was made possible due to our awareness of that code re-use.
Because we were familiar with Conti v2 and v3 encryptor payloads, the BlackBerry IR team knew that Conti encryptor payloads do not always encrypt the entirety of each file. Source code analysis shows us that to determine which encryption methods to use, Conti payloads use a combination of a file’s location (on the disk or network), type (based on file suffix), and size.
For example, available ENCRYPT_MODES available in Conti v2 payloads include HEADER_ENCRYPT, PARTLY_ENCRYPT, and FULL_ENCRYPT. The PARTLY_ENCRYPT mode can be accompanied by a value of 20 or 50, indicating the percentage of the file that should be encrypted.
Researchers Luigi Martire, Carmelo Ragusa, and Luca Mella, from the cybersecurity company Yoroi, wrote a fantastic article named “Conti Ransomware Source Code: A Well-designed COTS Ransomware,” which provides insight into the code segments that help drive these encryption decisions. In the article, you will find examples of code segments such as the one shown in Figure 6, which details encryption mode selection based on file size.
Figure 6 – Screenshot from Martire, Ragusa, and Mella’s 2022 article that shows encryption mode selection based on file size
This knowledge allowed the BlackBerry IR team to extract full, unencrypted strings from encrypted log files.
The following command uses a simple grep query to identify the string “2022-0,” which was found at the beginning of each line in the VMware Horizon Debug logs. Notice that even though the log file included in the command below was encrypted, the command yielded over 137,000 lines of unencrypted log events.
This same methodology can be adapted to many other file types. Text (.txt) and general log files are obviously the best use case.
This isn’t just applicable to Monti or Conti. Many different ransomware encryptors use a similar process of selecting portions of each file to encrypt.
This possibility of decryption is just one of the many reasons why we recommend that ransomware victims back up files encrypted in these attacks. Yes, you read that right: the encrypted files.
Even if your encrypted files can’t be decrypted in this way, sometimes researchers are able to discover decryption methods that can be offered in stand-alone tools, and ransomware operations groups occasionally release their decryption keys. In any case, encrypted data that has been saved can be revisited and potentially decrypted at a later date.
The ransomware payload associated with this incident is a 32-bit Windows executable named “locker.exe.” At the time of writing this report, the malware is not publicly available. The threat actor downloaded this payload from temp[.]sh via the Chrome browser.
Upon execution, the malware encrypts files on disk, adds a “.PUUUK” extension to affected files’ names, and produces the following ransom note:
Figure 6a – Monti ransom note
This ransom note is almost identical to the notes produced by some Conti ransomware variants, except it references a “MONTI strain” instead of a “CONTI strain.”
In light of the Conti leaks that occurred in February and March 2022, we decided to explore any connections between the executable we identified, publicly available Conti payloads, and the leaked source code.
Brief static analysis determined that our sample’s file name, file size, compile time, import table hash, and most section hashes (with the exception of the .data section) match the corresponding characteristics of the locker.exe executable included in the Conti v3 code leaks. These observations provided strong evidence that the executable we found is, in fact, a Conti v3 payload.
Further analysis of the leaked Conti executable revealed that, although the code within it was identical to the sample we discovered, execution of the Conti payload did not actually result in any file encryption.
A review of the leaked locker.exe’s .data section provided insight into the nature of this executable, as seen in Figure 7.
Figure 7 – Strings within the leaked locker.exe Conti v3 payload
The presence of the strings __DECRYPT_NOTE__, .EXTEN, and __publickey__ suggested that this file was intended as a template for a ransomware builder to generate functional payloads.
Although the Conti v3 leak did not include the compiled ransomware builder or its source, the Conti v2 leak did include the ransomware builder executable. Analysis of this executable confirmed that it was responsible for replacing the placeholder text mentioned above with actual values.
The decompiler excerpt in Figure 8 shows code within the Conti v2 builder that locates the text placeholders and replaces them with a generated RSA public key, RSA private key (for inclusion in the decryptor only) and ransom note text, respectively.
Figure 8 – Conti v2 builder decompiled code excerpt
After determining the origin of the payload file, we explored how the payload we found was likely generated. The attacker could have compiled the leaked v3 source as the first step to produce their payload. However, we suspect they took a different approach, because the compile time of the ransomware payload we found matches the compile time of the leaked Conti v3 locker.exe: Tue Jan 12 19:20:18 2021 UTC.
If the source code had been recompiled, this embedded timestamp would be more recent. This timestamp is consistent with others embedded in each executable. It also aligns with the time period when other Conti samples with the same import table hash (imphash – 5036747C069C42A5E12C38D94DB67FAD) were first submitted to VirusTotal. These observations suggest the timestamp was not manually stomped.
If the attacker did not recompile the available source code, we considered the possibility that they had access to a Conti v3 builder to generate the payload. Since we do not have access to a Conti v3 builder, we performed testing with the leaked v2 builder.
We built multiple payloads across a period of time and found that they all had the same, older compile time of Tue Sep 15 20:17:05 2020 UTC. While this timestamp differed from our sample and the leaked executable, it confirmed the possibility that the Conti v3 builder might also generate payloads with a consistent compile timestamp.
It might seem odd for a builder to maintain an old timestamp, but there is precedent for this approach. The Babuk ransomware builder, leaked in June 2021, produces executables with the same compile time, regardless of when the payload is built. In contrast, the Yashma ransomware builder, leaked in May 2022, generates executables that match the time the build was created. (See our earlier blog posts for more information on Yashma and Babuk.)
While the discussion thus far might suggest that the Monti attackers used a non-public Conti v3 builder, there is also reason to believe this was not the case. Instead, the attacker might have manually modified (e.g., using a hex editor) the leaked Conti v3 locker.exe executable. To explain this theory, some additional background is required.
One difference between Conti v2 and v3 payloads is the format of the embedded ransom note. In Conti v2 payloads, the ransom note text is stored as plaintext in the .data section of the PE file. In Conti v3 executables, the ransom note is encrypted using the ChaCha8 algorithm.
D.J. Bernstein created this algorithm and threat actors implemented it in both Conti v2 and v3 to encrypt files. In Conti v3, it’s also used to decrypt the instructions for payment.
Comparing the leaked v2 and v3 encryptor source code confirms that only v3 expects the ransom note to be encrypted. In the leaked Conti v2 search.cpp source file (shown in Figure 9 below), although there are several references to the word “Decrypt,” there is no actual decryption performed before the ransom note is written to disk.
Figure 9 – Conti v2 search.cpp with no ransom note decryption
In contrast, the leaked Conti v3 search.cpp source file (shown in Figure 10) includes code to perform ChaCha8 decryption:
Figure 10 – Conti v2 search.cpp with ransom note decryption
The ChaCha8 algorithm uses a 32-byte key and an 8-byte nonce. A nonce, or number used once, is similar to an initialization vector (IV). It is incorporated into the algorithm to add randomness, so that using the same key to encrypt the same content produces different ciphertext (i.e., it helps mitigate replay attacks).
The structure of the key, nonce, and encrypted text in a typical Conti v3 payload is shown in Figure 11 below. Only an excerpt of the ciphertext is shown.
Figure 11 – Typical Conti v3 payload with key and nonce
Compare the above values with the corresponding bytes in the payload we discovered, shown in Figure 12 below:
Figure 12 – Our payload with anomalous key and nonce values
As you can see, both the key and nonce in this payload are zero-byte values. Just as the Conti v2 builder dynamically generates the 4096-bit public RSA key before embedding it in the payload, we would also expect the ransom note key and nonce values to be generated during the build process.
This suggests that the attacker did not have access to the builder and instead manually inserted a ChaCha8 encrypted ransom note, file extension and RSA public key into the leaked Conti v3 locker.exe executable.
Due to the absence of a key and nonce, we crafted a signature to find samples that reference “MONTI.” In the payload discovered during this incident, the bytes 20 19 57 65 03 62 D0 AE F4 D1 68 are decrypted to “MONTI strain.”
Searching for these bytes on VirusTotal resulted in three files with the following SHA-256 hashes:
All files have a VirusTotal imphash (import hash) value that matches the payload we found. All files were also first submitted to VirusTotal in June 2022, the same month as the incident under investigation.
Among the samples on VirusTotal with the imphash 5036747C069C42A5E12C38D94DB67FAD, we did find one more sample that did not have a ChaCha8 key or nonce. It was first submitted to VirusTotal on 2022-04-26 20:13:02 UTC. However, the ransom note for this payload did not reference “MONTI” (or any “strain”), so the connection with the Monti actor is unclear.
During our investigation, we also found malware named veeamp.exe, with SHA-256 hash 9AA1F37517458D635EAE4F9B43CB4770880EA0EE171E7E4AD155BBDEE0CBE732. This file attempts to dump credentials from a SQL database for Veeam backup management software. (The credential dumper is briefly mentioned in this Symantec blog.)
Some researchers associate this malware with Yanluowang ransomware. It is important to clarify that this credential dumper might have been used by threat actors that also deployed Yanluowang ransomware, but veeamp.exe is not ransomware, and is only capable of dumping Veeam credentials.
The file is a 32-bit .NET binary. The code employs control-flow flattening, which is an obfuscation technique that makes it more challenging to understand the flow of execution.
When launched, the malware attempts a connection to a SQL database named VeeamBackup. If it cannot connect to the specified database, no further action is taken. However, if a connection is established, the file runs the following command:
select [user_name],[password],[description] FROM [VeeamBackup].[dbo].[Credentials]
The program then attempts to decrypt any user passwords that are returned by this command.
As discussed in this Veeam documentation, passwords can be encoded and/or encrypted using several approaches, including simple base64 encoding, or through the use of Microsoft’s ProtectedData class.
The credential dumper uses these approaches to attempt decryption. If it’s successful, it prints to the screen the following information:
It prints this information in the following format:
user: {0} encrypted pass: {1} decrypted pass: {2} description: {3}
The database name, SQL command, and output format string are all encoded in the executable, using a single-byte XOR key that varies for each string.
Two similar Veeam credential dumpers are currently available on VirusTotal (first link, second link). At the time of this writing, both have low detection rates (i.e., 15 detections or less). Both files have similar code to the credential dumper we found, but they are also obfuscated with Eazfuscator.NET.
While the activity of the Monti group itself seems to have been short lived, there is more we can learn from its copycat techniques. As additional Ransomware-as-a-Service (RaaS) solution builders and source code become leaked, either publicly or privately, we could continue to see these doppelganger-like ransomware groups proliferate.
General familiarity with the TTPs of known groups can help us identify any unique traits of these lookalike crews. The more we can identify these unique traits, the better we will be able to associate known analysis methodologies with these new cases while keeping our eye out for differences.
The following YARA rules were authored by the BlackBerry Research & Intelligence Team to catch the threats described in this document:
rule monti_ransom {
meta:
description = "Detects `MONTI Strain` in ChaCha8 encrypted ransom note with no key and nonce"
author = "BlackBerry Threat Research Team"
date = "August 15, 2021"
license = "This Yara rule is provided under the Apache License 2.0 (https://www.apache.org/licenses/LICENSE-2.0) and open to any user or organization, as long as you use it under this license and ensure originator credit in any derivative to The BlackBerry Research & Intelligence Team"
strings:
$s = {20 19 57 65 03 62 D0 AE F4 D1 68}
condition:
uint16be(0) == 0x4d5a and filesize < 2MB
and $s
}
rule veeam_dumper {
meta:
description = "Detects Veeam credential Dumper"
author = "BlackBerry Threat Research Team"
date = "August 15, 2021"
license = "This Yara rule is provided under the Apache License 2.0 (https://www.apache.org/licenses/LICENSE-2.0) and open to any user or organization, as long as you use it under this license and ensure originator credit in any derivative to The BlackBerry Research & Intelligence Team"
strings:
$s1 = "SqlCommand" fullword ascii wide
$s2 = "SqlConnection" fullword ascii wide
$s3 = "SqlDataReader" fullword ascii wide
$s4 = "veeamp.exe" fullword ascii wide
$s5 = "veeamp.pdb" fullword ascii wide
condition:
uint16be(0) == 0x4d5a and filesize < 60KB
and 4 of them
}
"MONTI” payload SHA-256 hashes:
Veeam Credential Dumper SHA-256 hashes:
MalwareHunterTeam. (2022). “Monti strain.” Retrieved from https://twitter.com/malwrhunterteam/status/1542595315915710465?s=20&t=Y7d3POTgnMSB_JcyEeF5_g
Martire, Ragusa, & Mella. (2022). “Conti Ransomware Source Code: A Well-designed COTS Ransomware.” Retrieved from https://yoroi.company/research/conti-ransomware-source-code-a-well-designed-cots-ransomware/
If you’re battling this malware or a similar threat, you’ve come to the right place, regardless of your existing BlackBerry relationship.
The BlackBerry Incident Response team is made up of world-class consultants dedicated to handling response and containment services for a wide range of incidents, including ransomware and Advanced Persistent Threat (APT) cases.
We have a global consulting team standing by to assist you, providing around-the-clock support where required, as well as local assistance. Please contact us here: https://www.blackberry.com/us/en/forms/cylance/handraiser/emergency-incident-response-containment
Related Reading:
Principal Threat Researcher, BlackBerry
Anuj Soni is a Principal Threat Researcher at BlackBerry, where he performs malware research and reverse engineering. Anuj also brings his problem-solving abilities to his position as a SANS Certified Instructor, which gives him the opportunity to impart his deep technical knowledge and practical skills to students.
As a co-author and instructor for Reverse-Engineering Malware and instructor for Advanced Digital Forensics and Incident Response, Anuj emphasizes establishing goals for analysis, creating and following a process, and prioritizing tasks. In addition to teaching SANS courses, Anuj frequently presents at industry events such as the U.S. Cyber Crime Conference, SANS DFIR Summit, and the Computer and Enterprise Investigations Conference (CEIC).
Anuj holds Bachelor’s and Master’s degrees from Carnegie Mellon University, and has certifications in GIAC Reverse Engineering Malware (GREM) and as a EnCase Certified Examiner (EnCE) and Certified Information Systems Security Professional (CISSP).
Ryan Chapman is Principal Incident Response & Forensics Consultant, BlackBerry.
As an author, instructor, and information security professional with over 18 years’ experience, Ryan runs and works incidents for clients to provide response, assessment, and training in the digital forensics and incident response (DFIR) realm at BlackBerry. His primary case types involve digital forensics investigations (e.g. ransomware cases), compromise assessments, business email compromises, tabletop exercises, and more. Ryan loves the fact that the security industry is an ever-evolving creature.
© 2022 BlackBerry Limited. All rights reserved.
- Published in Uncategorized
Valued to be $97 Billion by 2026, Cloud Enterprise Content Management Slated for Robust Growth Worldwide – PR Newswire
Searching for your content…
In-Language News
Contact Us
888-776-0942
from 8 AM – 10 PM ET
News provided by
Mar 22, 2022, 11:25 ET
Share this article
SAN FRANCISCO, March 22, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Cloud Enterprise Content Management – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What’s New for 2022?
Edition: 9; Released: February 2022
Executive Pool: 85841
Companies: 418 – Players covered include Alfresco Software, Inc.; ASG Technologies; Box, Inc; Docuware GmbH; Epicor Software Corporation; Everteam Software; Fabsoft Software, Inc; Hyland Software, Inc; IBM Corporation; Laserfiche; Lexmark International, Inc; M-Files Corporation; Micro Strategies Inc; Microsoft Corporation; Newgen Software Technologies Limited; Nuxeo; Objective Corporation; OpenText Corporation; Oracle Corporation; SERgroup Holding International GmbH; Xerox Holdings Corporation and Others.
Coverage: All major geographies and key segments
Segments: Segment (Document Management, Workflow Management, Content Management, Digital Asset Management, Record Management, Case Management, Other Segments); Vertical (BFSI, Retail & Consumer Goods, IT & Telecom, Government & Public Sector, Healthcare & Life Sciences, Media & Entertainment, Other Verticals)
Geographies: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.
Complimentary Project Preview – This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry
ABSTRACT-
Global Cloud Enterprise Content Management Market to Reach $97 Billion by 2026
Cloud-based enterprise content management (ECM) is poised to gather considerable momentum over the coming years as a result of the growing need to govern and manage burgeoning content volumes. While content generated globally is doubling every three months, around 80% of the content that needs to be leveraged by knowledge workers for revenue-generation and for meeting business goals remains unstructured. The staggering growth of the unstructured data is providing a major impetus to the cloud-based ECM market. The increasing transition from legacy towards cloud-based ECM is anticipated to be fueled by increasing amount of digital content and easier access to remote end-points coupled with the need for regulatory compliance and safeguard business-critical information. The shift toward cloud-based ECM is slated to help organizations in reaping the advantages of the next-generation platform while exploiting the content in a meaningful way. Amid the COVID-19 crisis, the global market for Cloud Enterprise Content Management estimated at US$32.6 Billion in the year 2022, is projected to reach a revised size of US$97 Billion by 2026, growing at a CAGR of 30.7% over the analysis period. Document Management, one of the segments analyzed in the report, is projected to record a 28.4% CAGR and reach US$23.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Workflow Management segment is readjusted to a revised 36.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $14.1 Billion in 2022, While China is Forecast to Reach $9.4 Billion by 2026
The Cloud Enterprise Content Management market in the U.S. is estimated at US$14.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.4 Billion by the year 2026 trailing a CAGR of 37.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.9% and 28.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 28.2% CAGR. Companies in developing and developed markets alike are stepping up adoption of cloud based ECM to reduce the time spent for document management and boost efficiency and productivity. The transition to the cloud enables organizations to leverage an always-accessible platform and sophisticated resources to drive innovation and help employees in processing documents in an efficient manner. As cloud-based ECM allows employees to stay connected and collaborate from anywhere, they can complete workloads quickly for faster time-to-market.
Content Management Segment to Reach $17.1 Billion by the Year 2026
AI is increasingly being utilized in content management systems for processing as well as analysis of content in various forms. AI is employed in enterprise content management systems in several different ways, including content security, enterprise search, robotic process automation, and chatbots. Enriching content management systems with AI helps users in quickly identifying required information using data mining capabilities. AI can also contribute significantly in terms of securing content. In the global Content Management segment, USA, Canada, Japan, China and Europe will drive the 34.2% CAGR estimated for this segment. These regional account for a combined market size of US$2.3 Billion. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.1 Billion by the year 2026.
More
MarketGlass™ Platform
Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include – enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.
Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android
About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
LINKS
Join Our Expert Panel
https://www.strategyr.com/Panelist.asp
Connect With Us on LinkedIn
https://www.linkedin.com/company/global-industry-analysts-inc./
Follow Us on Twitter
https://twitter.com/marketbytes
Journalists & Media
[email protected]
SOURCE Global Industry Analysts, Inc.
More news releases in similar topics
Cision Distribution 888-776-0942
from 8 AM – 9 PM ET
- Published in Uncategorized
Construction Drawing Management Software Market Worldwide Industry Share, Size, Gross Margin, Trend, Future Demand and Forecast till 2028 – NewsOrigins
The latest business intelligence report on Construction Drawing Management Software market elaborates on factors responsible for industry growth such as the key growth catalysts, restraints, and opportunities. Moreover, it expands upon the data from the past years and current business scenario to deduce the performance of the industry over 2020-2025.
To calculate the industry size at a global level, an exhaustive analysis of the workings of this business sphere at regional as well as country-level is incorporated in the report. Proceeding further, the research literature scrutinizes the dominant players and evaluates the strategies adopted by them to stay put in the competitive arena. In addition, the current and projected impact of Covid-19 pandemic have been taken into consideration with a key emphasis on revenue generation prospects and methodologies to deal with changing landscape.
Key highlights from the TOC:
Request Sample Copy of this Report @ https://www.newsorigins.com/request-sample/48897
Product terrain
Application scope
Regional outlook
Competitive landscape
To summarize, the authors of the report have inspected the Construction Drawing Management Software market through multiple segmentations, followed by extensive discussion on the industry supply & sales channel inclusive of upstream & downstream basics to aid businesses efficiently rollout their products and solutions to the marketplace.
The Construction Drawing Management Software market report wraps:
Industry with market definition, key elements such as market restraints, drivers, potential opportunities, challenges, trends in the Construction Drawing Management Software market, etc.
Construction Drawing Management Software market sectioning depending on product, application, geographical region, competitive market share
Construction Drawing Management Software market size, approximates, forecasts for the said frame of time
Distribution channel assessment of Construction Drawing Management Software market
Competitive analysis of crucial Construction Drawing Management Software market manufacturers, trends, company profiles, strategies, etc.
Factors accountable for the growth of the Construction Drawing Management Software market
The thorough assessment of prime Construction Drawing Management Software market geographically
Request Customization for This Report @ https://www.newsorigins.com/request-for-customization/48897
At NewsOrigins, we offer the latest news, prices, breakthroughs, and analysis with emphasis on expert opinion and commentary from the Finance and Stock community.
At NewsOrigins, we offer the latest news, prices, breakthroughs, and analysis with emphasis on expert opinion and commentary from the Finance and Stock community.
Physical Address
3172 N Rainbow Blvd
Las Vegas, NV 89108
Contact Details
Email – [email protected]
- Published in Uncategorized
7 Top Asana Alternatives Of 2022 – Forbes Advisor – Forbes
- Published in Uncategorized
Federal Agencies Must Make More Progress on Digitizing Forms, Report Finds – FedTech Magazine
Federal technology leaders offer insights and thought leadership on a sharp rise in cyberattacks, the shift to hybrid work and much more.
An Information Technology and Innovation Foundation report found federal agencies need to make more progress on digitizing forms.
Phil Goldstein is a former web editor of the CDW family of tech magazines and a veteran technology journalist. He lives in Washington, D.C., with his wife and their animals: a dog named Brenna, and two cats, Grady and Princess.
Phil Goldstein is a former web editor of the CDW family of tech magazines and a veteran technology journalist. He lives in Washington, D.C., with his wife and their animals: a dog named Brenna, and two cats, Grady and Princess.
It’s 2021, not 1991, yet many federal government forms are still stuck in the analog era, according to a recent report. The reliance on paper forms has only grown starker amid the coronavirus pandemic, when some government offices were shuttered for long periods, nixing in-person interactions.
According to a recent report from the Information Technology and Innovation Foundation, a technology policy think tank, many government forms are not fully compliant with the 21st Century Integrated Digital Experience Act (IDEA), a law passed in 2018 that required agencies to transition from paper forms to accessible, mobile-friendly, web-based forms within two years.
In a random sample of 1,348 forms, ITIF found that 1,052 (78 percent) were partially compliant with the law, and only 24 (less than 2 percent) were fully compliant.
“Digital solutions hold enormous promise to transform U.S. government services,” Ashley Johnson, policy analyst at ITIF and co-author of the report, tells Nextgov. “These solutions can streamline outdated processes and provide Americans with faster, more convenient, and more personalized access to their government.”
The report makes several recommendations to the executive branch and to Congress to increase the pace of digitization of forms, including that the federal CIO Council “should create a web-based-forms task force to track and expedite compliance, prioritizing forms the general public uses the most.” ITIF also recommends that Congress “require agencies to report detailed information on their compliance with 21st Century IDEA’s forms requirements.”
Under 21st Century IDEA, agencies are not required to provide information about their transition to web-based forms. Of the agencies that have provided specific numbers on how many forms they have made available in a compliant digital format — the Defense, Treasury and Veterans Affairs departments — “all report significantly lower numbers than the total number of forms our assessment found associated with each agency, indicating that agencies use a narrow definition of which of their forms are ‘related to serving the public,’” the ITIF report found.
For example, while ITIF’s assessment found 1,159 total forms associated with DOD, the DOD “claimed in its most recent 21st Century IDEA report that it has digitized all 139 of its forms related to serving the public,” ITIF states in the report.
ITIF found that only 2 percent of government forms in its sample are “fully compliant as an online form” and that “78 percent are partially compliant as a fillable PDF.”
“Most executive agencies have made significant progress toward making their forms available as fillable PDFs,” the report states. “But, although users may be able to fill out and submit these forms without printing, as long as the forms have e-signatures enabled, which most did not, this format does not fully comply with 21st Century IDEA’s mobile-friendliness requirement.”
The fault may not be entirely with the agencies themselves, ITIF suggests, noting that the Office of Management and Budget has not produced guidance for agencies to comply with 21st Century IDEA, as required by the law.
The law required OMB to issue implementation guidance by June 18, 2019, and members of Congress again asked on May 6, 2021, for guidance by June 20, 2021, according to ITIF.
“Both of those deadlines have now passed. It is likely that, without implementation guidance, agencies will continue to struggle to fully comply with 21st Century IDEA’s requirements,” the report states. “Moreover, as agencies continue to create forms without guidance, they will likely create many that do not comply with the law, which will create more unnecessary work for them in the future to recreate those forms in a mobile-friendly and accessible format.”
ITIF recommended that OMB issue implementation guidance for the law and that Congress hold oversight hearings on agencies’ compliance with 21st Century IDEA. ITIF also recommends that the Technology Modernization Board should issue grants to incentivize agencies to use login.gov, and that OMB should direct federal agencies to discontinue the use of fax machines.
RELATED: How did the U.S. Census Bureau carry out the first all-digital census?
Various technologies can help agencies accelerate the process of digitizing forms and making them accessible to government users and citizens alike.
Document management involves the “use of a computer system and software to store, manage and track electronic documents and electronic images of paper-based information captured through the use of a document scanner,” according to the Association for Intelligent Information Management.
An electronic document management system lets agencies store, access, index, search, retrieve, archive and delete documents. An EDMS is designed to let agencies convert physical documents into electronic forms that can be stored and accessed quickly.
Longstanding tools can also help agency IT teams transform paper forms and legacy processes into digital ones. As Adobe notes on its website, its Adobe Acrobat tool can help in this regard: “Whether it’s a scan of an existing manual document or a simple line form made with Microsoft Word, you can use the Prepare Form tool to create digital forms from your existing documents. Acrobat automatically recognizes form fields for things like text entries, checkboxes, radio buttons, and signatures.”
Adobe also points to its Adobe Experience Manager Forms solution as a way to enable agencies to author “web and mobile-responsive forms and documents via a create once, publish anywhere experience,” according to a 2018 report from the company and research firm IDC.
Adobe notes that while AEM Forms can be used for simple, transaction-based interactions, the solution can also be used “to simplify and streamline the complex transactions seen in regulated industries and government services,” with typical use cases including customer enrollment and onboarding, employee onboarding, customer service, and customer communications.
Management
30 Federal IT Influencers Worth a Follow in 2022
Data Center
Virtualization, Consolidation Help Agencies Cut Back on Physical Data Centers
Visit Some Of Our Other Technology Websites:
Tap into practical IT advice from CDW experts.
Visit the Research Hub
Copyright © 2022 CDW LLC 200 N. Milwaukee Avenue, Vernon Hills, IL 60061
- Published in Uncategorized
MYOB's cloud focus continues with the acquisition of document management startup Nimbus – Startup Daily
Join us for a live online panel discussion at 12:00PM on Wednesday 3 August, to discuss how to tackle talent churn and burn.
Each Friday, host Simon Thomsen and guest offer the weekly washup from Startup Daily TV.
Register now for a new digital event that shares the secrets of successful teams on Wednesday 15 June.
News » Topics »
The value of the deal was not revealed by MYOB.
MYOB chief financial officer, Caroline Rawlinson, said the company’s investment was a move to accelerate the delivery of a cloud solution that had widespread customer demand and appeal.
“We know how important it is for our accountant and practice customers to have solutions which help their teams collaborate efficiently in distributed work environments, improve their client engagement and meet their document storage compliance obligations – Nimbus ticked all these boxes in spades,” she said.
The announcement follows a year where MYOB has made good on its promise to improve the connectivity capabilities, efficiencies and security of its Practice Solutions offering, and follows the acquisition of Customer Relationship Management (CRM) solution, Tall Emu.
Tall Emu delivers full end-to-end management of business operations, offering a customer relationship management tool with additional capabilities to link in key sales processes, providing a seamless, real-time view of the business operations.
Tall Emu’s unique functionality includes the ability to see and track multiple sales flows including marketing and lead management, quoting and selling, online payment, back-order handling, fulfilment and delivery and post-sales services.
The acquisition follows hot on the heels of MYOB’s purchase of practice management software GreatSoft, last year.
MYOB is owned by US private equity firm KKR in a $1.6 billion takeover that saw the company delisted from the ASX in 2019.
Cec Busby is a digital media professional with over twenty years experience. She is the editor of Kochies Business Builders and a fan of startups and small business.
Daily startup news and insights, delivered to your inbox.
Copyright 2019 Pinstripe Media – Digital Publishing and Video Production Agency Sydney ABOUT US / CONTACT | ADVERTISE 
SUBSCRIBE TO THE StartupDaily
Daily startup news and insights, delivered to your inbox.
- Published in Uncategorized











