Cabinet NG makes document management and workflow software. We like what we know of this mean-and-lean firm:
- Like a much easier-to-use version of the big document management products (Documentum, FileNet, etc.).
- Attractive solution for SMEs.
- On-premises and cloud-based versions.
- Offers industry-specific configurations for finance, medical, insurance, distribution, and manufacturing verticals.
- Over 50% of clients are in financial services or health care fields. Looks like compliance is a driver.
- Ferris Research estimates Cabinet NG doing around $4M/year in revenues. Company is all self-financed and seems in a reasonably healthy state.
- Typical pricing: $1K/user plus maintenance for on-prem; $70-$90/user/month for cloud-based.
- Strengths:
- A lot of functionality bundled rather than as extra-price options.
- Easy to use and install.
- Easy integration with other applications in Microsoft-centric environments.
... David Ferris