Posts tagged: Enterprise content management

“Hyland buys Kofax?” Not quite…Thoma Bravo buys Lexmark Enterprise Software. “Who’s Thoma Bravo?!”

Steve Pearl
 May 11, 2017

Logos

“So…what do you think about Hyland’s purchase of Kofax”?  That’s how conversations in the past few days usually start out. Which then lead to explanations of who Thoma Bravo is.  Some background and perspective is clearly in order…

The Facts

Hyland Software’s majority owner, Thoma Bravo, one of the largest private equity firms in the SW industry, announced a definitive agreement on May 3rd to buy Lexmark Enterprise Software (LES), consisting of Kofax, ReadSoft and Perceptive Software, for a reported amount of $1.5 billion. Read more »

Kofax Lands $2.4 Million Deal

Allison Correia
 Apr 24, 2015

Despite the proposed acquisition of Kofax by Lexmark, Kofax is going about business as usual with the recent announcement of a $2.4 million deal with a leading U.S. financial services firm. Just days ago, Kofax, a leading provider of smart process applications that simplify the business critical First Mile of information-intensive customer interactions, announced that an undisclosed leading U.S. bank has invested in Kofax TotalAgility to automate their banking operations including new customer onboarding, and loan application processing. Read more »

DCT Reimagining ECM Delivery with SimpleECM Launch

Allison Correia
 May 20, 2014

After being in beta for several months, Document Capture Technologies (DCT), creators of SimpleScan Connect, announced on April 29th the release of their SimpleECM solution- “making information available where and when businesses want it”. This enterprise content management platform was created with a “workflow-centric view” of document/capture management and is delivered via standard application programming interfaces (APIs) and cloud-based services. Their target market includes in-house developers, system integrators, and outsourced app developers. Read more »

Kofax Transform 2012

Anne Valaitis
 Mar 16, 2012

The 2012 Kofax Transform event was held in San Diego earlier this week.  This Kofax event is a mix of partners, vendors, customers and analysts with a total attendance estimated at over 600.  They had a robust lineup of educational sessions targeted at the diverse set of attendees that would span 2 days (there were pre-conference product certification classes as well).

Kofax has undergone dramatic changes in the last few years; optimizing their own historic business, reorganizing their channel (down from 1200 at a high), managing through a tired economy (both in the US and EMEA), and acquisitions meant to expand and bolster their capabilities and portfolio.  Kofax remains a leader in enterprise scan and content capture with the lion’s share of licenses in this space.  In order to remain on trend, and looking to be agile with its business, Kofax made two significant acquisitions in the last 8 months, Atalasoft and Singularity.  Atalasoft is a development company that works with its DotImage SDK to image enable apps and portals.  Singularity, by contrast, allows Kofax to extend their reach into the business beyond capture and into the BPM market.

At the event, the main message was “capture enabled business process management”, and what that will mean for its customers, and resellers.  Executives such as CEO Reynolds Bish and CMO Martyn Christian spent time outlining the current business and then began to connect the dots for the future.  The future, according to Kofax, will be heavily influenced by mobile development and technologies.  They went so far as to provide a “preview” of a mobile app along with a strategy to integrate mobile into the capture continuum.

In terms of tone, I felt the event was well received from their partners and resellers.  The dust seems to have settled and generally the resellers feel positive regarding the path that Kofax is taking.  Customers I spoke with were happy with their implementations of Kofax, some being clients for years now.  It remains to be seen how Capture, DM and ECM vendors will weather the storm of acquisition and compression in the industry, last week’s announcement of Lexmark acquiring Brainware demonstrates the value of content capture in a total solution.

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