And the Leader in Team Collaboration Software Is...
I’m proud to echo the announcement that a leading analyst firm, Gartner, recently recognized IntraLinks as being the global market leader in team collaboration software based on revenues. This is a result that IntraLinks has now earned for the fifth year running.
It’s especially rewarding to be a leader in a market that’s both large and growing. According to the report referenced above, Gartner, Inc., Market Share Analysis: Team Collaboration and Web-Conferencing Software, Worldwide, 2010, Tom Eid, Bianca Francesca Granetto, April 29, 2011, the team collaboration software market grew 17% in 2010, a 50% increase from 2009. Growth is predicated on market size, however. For example, growth of 500% for a $5M market yields a $25M market, which isn’t particularly exciting. The team collaboration software market was $774M in 2010 – larger than you may have thought, right?
If you are wondering, team collaboration solutions are software or cloud-based applications that enable globally disbursed users to securely work together, share documents, and complete projects. Examples of these projects and use cases include knowledge libraries, managing legal contracts, case management, M&A deal rooms and more.
An important responsibility of a market leader is to acknowledge and thank their customers. After all, without loyal and satisfied customers, a leadership position can quickly vanish. Customer support and professional services organizations are critical in delivering on this responsibility. IntraLinks’ top-notch personnel in these departments have garnered multiple awards over the years. Another responsibility and means to maintain a leadership position is continued innovation. IntraLinks has released several product upgrades and enhancements over the last 12 months including two significant platform upgrades, two series of mobile applications, and a major release of IntraLinks Courier.
The results are in! Due to execution across the board – from sales to development to support – IntraLinks continues to be the verified market leader in the fast-growing global team collaboration software market.