M-Files has been recognised as a visionary in Gartner, Inc.’s 2020 Magic Quadrant for Content Services Platforms. In this year’s evaluation of 18 vendors, Gartner named M-Files as a visionary based on its completeness of vision and ability to execute.
Antti Nivala, CEO at M-Files said: “Our metadata-driven, folderless structure enables enterprises to intelligently connect content, improve worker productivity and solve complex workflows. Gartner’s recognition reaffirms our strong federation strategy and modern approach that eliminates information silos and unifies data across repositories, a clear differentiator among our competitors. M-Files ensures increased productivity and business continuity in the new work-from-anywhere world.”
The M-Files software-as-a-service (SaaS) business model continues to drive the company’s strong growth. M-Files surpassed 100% growth in subscription-based annual recurring revenue in 2019 over the previous year.