WATERLOO, ON, Sept. 9,
2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX)
(TSX: OTEX) today announced that OpenText has been named a Leader
in the IDC MarketScape: Worldwide Intelligent Content Services2024
Vendor Assessment (doc #US51467323, September 2024).
According to the IDC MarketScape, "OpenText Content Cloud
connects content to the digital business, eliminating silos and
providing convenient, secure, and compliant remote access to both
structured and unstructured data capabilities. Capabilities include
IDP, process automation, information archiving, security and
governance, business integrations, and solutions for industries and
lines of business. The composability of the Content Cloud allows
OpenText customers to tailor technology solutions that fit their
needs and growth strategies." The report also highlights
OpenText's deep integration capabilities with common business
applications, noting "OpenText offers tight, prebuilt integrations
into common applications such as SAP, Salesforce, Microsoft O365,
and Google Workspace."
"We are honored to again be recognized as a Leader in the IDC
MarketScape for Intelligent Content Services," said Muhi Majzoub,
EVP & Chief Product Officer at OpenText. "OpenText's
intelligent content services solutions empower organizations by
transforming how they manage and leverage their information. By
integrating advanced AI and automation, these solutions streamline
processes, enhance collaboration, and drive informed
decision-making. The result is a more agile, efficient, and
responsive organization, poised to thrive in a data-driven
world."
According to OpenText, this recognition as a Leader in the IDC
MarketScape underscores the importance of OpenText's solutions in
meeting customer needs in a rapidly shifting market where
AI-powered capabilities have become essential. OpenText's approach
to content management, which tightly integrates information
governance, records management and workflow capabilities, provides
value across a wide array of use cases, particularly for large
enterprises and highly regulated industries. With Content Aviator,
OpenText empowers users to leverage embedded generative AI to ask
natural language questions of content and workspaces, enhancing
content-centric processes, improving knowledge sharing and
supporting organizations' modernization strategies.
Download an excerpt copy of the IDC MarketScape: Worldwide
Intelligent Content Services 2024 Vendor Assessment here.
Additional Resources:
- What is Intelligent Content? Learn more here
- Read all about OpenText Content Services Platforms
- Reimagine the Future of Work with AI Productivity |
OpenText
About IDC MarketScape:
IDC MarketScape vendor assessment model is designed to provide
an overview of the competitive fitness of technology and service
suppliers in a given market. The research utilizes a rigorous
scoring methodology based on both qualitative and quantitative
criteria that results in a single graphical illustration of each
supplier's position within a given market. IDC MarketScape provides
a clear framework in which the product and service offerings,
capabilities and strategies, and current and future market success
factors of technology suppliers can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective suppliers.
About OpenText
OpenText, The Information Company™, enables organizations to
gain insight through market leading information management
solutions, powered by OpenText Cloud Editions. For more information
about OpenText (NASDAQ: OTEX, TSX: OTEX)
visit opentext.com
Connect with us:
OpenText CEO Mark Barrenechea's
blog
Twitter | LinkedIn
Certain statements in this press release may contain words
considered forward-looking statements or information under
applicable securities laws. These statements are based on
OpenText's current expectations, estimates, forecasts and
projections about the operating environment, economies and markets
in which the company operates. These statements are subject to
important assumptions, risks and uncertainties that are difficult
to predict, and the actual outcome may be materially different.
OpenText's assumptions, although considered reasonable by the
company at the date of this press release, may prove to be
inaccurate and consequently its actual results could differ
materially from the expectations set out herein. For additional
information with respect to risks and other factors which could
occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q and other securities filings with the SEC and other
securities regulators. Readers are cautioned not to place undue
reliance upon any such forward-looking statements, which speak only
as of the date made. Unless otherwise required by applicable
securities laws, OpenText disclaims any intention or obligations to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. Further,
readers should note that we may announce information using our
website, press releases, securities law filings, public conference
calls, webcasts and the social media channels identified on the
Investors section of our website (https://investors.opentext.com).
Such social media channels may include the Company's or our CEO's
blog, Twitter account or LinkedIn account. The information posted
through such channels may be material. Accordingly, readers should
monitor such channels in addition to our other forms of
communication.
Copyright © 2024 OpenText. All Rights Reserved. Trademarks owned
by OpenText. One or more patents may cover this product(s). For
more information, please
visit https://www.opentext.com/patents.
OTEX-G
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SOURCE Open Text Corporation
