OpenText officially opened Enterprise World 2018 today and made a couple of announcements. The first release introduces the event and discusses what the event is all about. The second release discusses the release of OpenText OT2, the next-generation hybrid-cloud platform.
OpenText Enterprise World Showcases the Future for The Intelligent and Connected Enterprise
World's Largest Information Management Conference Addresses the Latest Developments in Applications, AI, Automation, IoT and Cloud
WATERLOO, Ontario, July 10, 2018 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTEX), the global leader in Enterprise Information Management (EIM), today officially opened Enterprise World 2018, welcoming 5,000 attendees to Toronto for presentations from leading EIM experts and innovators.
"All industries are facing a series of challenging macro-trends as they transform into intelligent and connected enterprises," said Mark J. Barrenechea, Vice-chair, CEO and CTO, OpenText. "The new demands of a millennial workforce, the relentless threat of cyberattack, changing modes of work, and newly challenging information privacy and regulatory environments are changing the ways that businesses operate. At the same time, digital technology is changing the nature of commerce, work, society, privacy, and security. At OpenText we believe that data and information can be harnessed to ensure these changes make a profound and positive impact on all of our lives."
"OpenText Enterprise World is the only annual event where leaders from across industries and across the world convene to hear about the latest innovations and advances in Enterprise Information Management," said Patricia Nagle, SVP & CMO, OpenText. "We hope that every one of the 5,000 attendees, whether customer or partner, technology user or business leader, will leave Toronto feeling inspired, informed, and ready to transform their organization."
- Defining the Future of EIM At Enterprise World 2018, OpenText will announce OT2, a next-generation hybrid EIM platform based on a micro-services architecture. OT2 supports native cloud SaaS applications that can integrate with on-premises deployments to extend new capabilities to customers' existing investment. This new platform will allow OpenText customers and partners to build the next generation of EIM applications and services, gaining greater insight and value from the information that underpins their businesses.
- OpenText Release 16 in action Released in April 2016, OpenText Release 16 is the most comprehensive, integrated digital information platform available on the market. A single platform that manages and analyzes the entire flow of information, addressing key areas of the user experience, machine-to-machine integration, automation and other aspects of the digital-first organization. Over the last 24 months, OpenText has continually innovated on the platform, providing organizations with new features and integrations to help solve their greatest information challenges, from the changing workforce, the exponential increase in IoT devices, gaining more insight into vast information lakes, and supporting new regulatory requirements like GDPR.
- Information Security and IoTIn a world where more and more devices are connected, endpoints can be anywhere. At Enterprise World 2018, OpenText will demonstrate how combining the innovative identity and access platform acquired from Covisint in July 2017, with market-leading endpoint security acquired from Guidance Software in September 17, will enable a new generation of secure IoT applications and services.
- Delivering the Future of AI for EIM Augmented Intelligence (AI) is automating decisions and transforming the relationships between humans and machines. OpenText is building AI into the DNA of its market-leading EIM platform. Out-of-the-box integration and new business-user enabled interfaces in OpenText Magellan will provide enterprises with deep and immediate insight into the organization's information lakes.
- Delivering on Enterprise-Grade Cloud Collaboration Demands for increased mobility and workforce collaboration are changing the way companies approach productivity. With new developer functionality added to OpenText Core, organizations can build applications and work-flows on top of their enterprise-wide Core implementations. The addition of forms to Core also allows users to collect data and information for simple and secure business collaboration.
- OpenText Prime Gives Customer Flexibility to Innovate At Enterprise World 2018, OpenText officially launches OpenText Prime – a pricing model that allows companies to access the full power of OpenText managed services at a single, per-user price. This gives customers the flexibility to break down operational silos and build company-wide digital platforms that leverage the full OpenText portfolio.
About OpenText Enterprise World
Now in its 20th year, OpenText Enterprise World showcases the intelligent and connected enterprise, helping business and technology leaders navigate the macro-forces driving the modern global economy – from cloud, AI, IoT, security, to millennial workforce and consumers, quantum computing and emerging technologies. With a diverse set of keynotes, workshops, training sessions and networking opportunities, Enterprise World 2018 will both educate and inspire.
For the latest news on OpenText Enterprise World, visit https://blogs.opentext.com/category/enterprise-world/.
About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.
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OpenText Defines the Future of Enterprise Information Management with Next-Generation OpenText OT2 Platform
Hybrid-Cloud Platform Enables Developer-Ready Microservices Allowing Customers and Partners to Deliver Intelligent and Connected Applications
WATERLOO, Ontario, July 10, 2018 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTEX), the global leader in Enterprise Information Management (EIM), today announced the release of OpenText OT2, the next-generation hybrid-cloud platform from OpenText that brings together intelligent automation, security, and EIM applications in a powerful unified platform.
"OpenText is the leader in Enterprise Information Management, both on-premises and for cloud services. Customers are looking to move faster into the cloud. Today, all industries are looking for a stable and secure hybrid-cloud infrastructure for their information management, including sectors such as manufacturing, financial services, legal, life sciences, and government, for whom public cloud deployments once seemed impossible," said Mark J. Barrenechea, vice-chair, CEO and CTO, OpenText. "Today, we are yet again redefining the EIM market with the launch of OpenText OT2, our flexible, hybrid platform for EIM services and application deployment."
Barrenechea continues, "OpenText OT2 simplifies technology investment decisions by delivering compelling applications for business users -- hybrid-cloud based EIM applications supported by modern micro-services – all on a single SaaS platform. Applications in OpenText OT2 will be tightly integrated with OpenText Release 16. Whether securely sharing information internally and externally by integrating OpenText Core and OpenText Documentum, or managing contracts by integrating Contract Center and OpenText Extended ECM, customers will get a single solution from OpenText."
With a unified data model and a standard user interface, OpenText OT2 enables developers to rapidly build SaaS applications in the OpenText Cloud. OpenText OT2 brings together micro-services for content collaboration, security, process automation, and analytics, enabling customers and partners to rapidly develop and deploy powerful business applications to drive digital transformation further into their operations.
"We are leveraging our deep knowledge of building EIM products to deliver a self-service, hybrid platform. OpenText OT2 will allow our customers and partners to access pre-built hybrid applications that integrate deeply with their existing OpenText solutions," said Muhi Majzoub, EVP, Engineering and Cloud Services, Opentext. "Developers can use either low-code or native development environments to build custom applications hours rather weeks."
The OpenText OT2 platform, available now, will develop with quarterly releases, with all applications being tightly integrated with OpenText Release 16.
OpenText OT2 applications launching at Enterprise World 2018
In his keynote address at Enterprise World, Muhi Majzoub, Executive Vice President, Engineering and IT at OpenText will preview the first generation of transformative applications built on the OpenText OT2 platform.
"On the Enterprise World stage last year, we launched OpenText People Center and committed to delivering additional apps built on the OpenText platform. This year we are showcasing OpenText Quality, an application designed to meet the needs of the highly-regulated life sciences industry and OpenText Legal, a cloud EIM app that integrates with OpenText eDOCS to manage client onboarding and document sharing," said Majzoub. "Today's launch marks OpenText's arrival as a true applications and platform company. We invite developers and customers to join with us to create the next generation of intelligent and connected applications to create new ways of working, collaborating and doing business."
Deepening collaboration with OpenText partners
OpenText is opening its cloud infrastructure to select members of its partner ecosystem. This will enable the world's most innovative global systems integrators to create and market applications on the OpenText cloud, helping to further extend OpenText's global reach. With the support of our partner ecosystem, more customers in more markets will have access to the advanced Enterprise Information Management applications from OpenText.
OpenText OT2 is available immediately. OpenText Quality and OpenText Legal will be generally available in the second half of 2018.
About OpenText Enterprise World
Now in its 20th year, OpenText Enterprise World showcases the intelligent and connected enterprise, helping business and technology leaders navigate the macro-forces driving the modern global economy – from cloud, AI, IoT, security, to millennial workforce and consumers, quantum computing and emerging technologies. With a diverse set of keynotes, workshops, training sessions and networking opportunities, Enterprise World 2018 will both educate and inspire. For the latest news on OpenText Enterprise World, visit https://blogs.opentext.com/category/enterprise-world/.
About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.
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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. 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.
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