Hyland’s acquisition of Alfresco software accelerates its path to cloud
Summary
Heres a look at how the cloud leaders stack up, the hybrid market, and the SaaS players that run your company as well as their latest strategic moves. Hylands investments over the last year include the distributed ledger (aka blockchain) company, Learning Machine, focused on higher education credentials, and most recently the European RPA vendor (Another Monday), revealing an appetite to leapfrog into newer, adjacent markets. Historically, Hylands acquisitions have been smaller, natural tuck-in technologies to further entrench itself in its key verticals – insurance, higher education, healthcare, and public sector. But the acquisition of Alfresco is different and – if successfully executed – will help Hyland move confidently into the era of cloud native, modern content services. • Alfresco brings one of the more modern architectures to the content management market, and it has adapted quickly to the rise of cloud, with early strategic partnerships with AWS.
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