With regards to technology, one of the major mistakes that far too many business leaders make involves clinging to legacy applications purely out of a sense of familiarity. They think to themselves, “Why do I need to invest in something new?

In early March of 2020 during the onset of the global COVID-19 pandemic, countless workers suddenly found themselves working remotely — some for the very first time. Businesses needed to quickly adapt to this uncertain “new normal” we were all a part of and for many, telework became an ideal “stop-gap” to continue operations in a way that bought time until everyone could return to the office again.

Thanks in no small part to the fast-paced digital world that we’re now living in, companies of all types NEED to be able to share information quickly and efficiently with their customers. It’s no longer a recommendation, but a requirement.

It’s that time of year again and the ubiquitous analyst firm has just released the 2020 Gartner Magic Quadrant for Content Services Platforms (CSP). Our team is proud to report that M-Files is positioned as the most visionary solution on this year’s quadrant — the ninth consecutive year on the quadrant altogether. Pat on the back. But while we here at M-Files are always keen to see where we land, the report serves as an invaluable tool for the business community at-large.

You might be surprised to learn that one of the most meaningful, long-term, positive changes that you can make to your business ties directly into something that a lot of us probably take for granted: electronic signatures. According to one recent study, adopting eSignatures has allowed 92% of financial institutions in particular to cut scanning errors in their workflows. Another 66% of them were able to significantly reduce missing files, thus improving data quality.

Next week is the release of the 2020 Gartner Magic Quadrant for Content Services Platforms (CSP). In the world of enterprise technology solutions, businesses rely on analyst reports like the Magic Quadrant to help guide their strategy. Recognition of vendors by respected analysts like Gartner are a central tool for organizations that are reviewing cornerstone technology — in this case Content Services Platforms.