Welcome!

News Feed Item

OpenText Debuts 2020 Vision Arming Customers with EIM to Address Digital Disruption

2020 Agenda Takes Center Stage During OpenText Global 2014 Innovation Tour

WATERLOO, Ontario, March 10, 2014 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTC), the global leader in Enterprise Information Management (EIM), today debuted its vision for helping organizations set their 2020 Agenda to ensure success in the new digital economy. As part of its global 2014 Innovation Tour, OpenText is outlining a step-by-step roadmap for C-suite leaders that includes best practices in navigating today's rapidly evolving business landscape.

OpenText logo. (PRNewsFoto/OpenText)

Launched at its Innovation Tour, OpenText vision for the 2020 Agenda addresses critical issues surrounding the Digital Enterprise, including:

  • Digital Experience – Transforming customer experience from marketing and sales to customer service through enterprise information-driven omni-channel communications.
  • Digital Workplace – Addressing the changes in the workforce – many of which will consist of digital natives by 2020 – and providing employees with the tools to get their work done, however and wherever they choose.
  • Digital Supply Chain – Establishing real-time connections with suppliers and trading partners with unprecedented accuracy and agility, reducing costs and accelerating speed.
  • Digital Governance and Security – Creating an information governance framework encompassing all functions of the digital enterprise.

"By 2020, there will be a number of disruptive forces converging including, new technologies such as 3D printing and wearable technology; digital disruption surrounding how consumers and organizations buy through new supply chains; and a new kind of workforce, 50 percent of which will be digital natives," said Mark Barrenechea, president and chief executive officer at OpenText. "Our customers must now transform their businesses, digitizing every process, to maximize competitiveness and effectiveness. OpenText is helping customers prepare for the digital economy of tomorrow by re-conceptualizing their information platforms today with our EIM strategy."

"The emerging digital infrastructure is changing the way we do business, blurring lines between customers, employees and suppliers," said Alan Pelz-Sharpe, research director, Social Business, 451 Research. "In turn, managing information, and indeed managing business itself is becoming more and more challenging. Successful businesses in the future will be the ones that find that balance between social fragmentation and control."

In order to best address these digital enterprise imperatives, today's C-suites must establish a robust enterprise information management strategy to transition to a digital enterprise. This strategy must be driven by the strategic CIO in conjunction with productive partnerships with line of business managers. Organizational success will be dependent on the C-suite's ability to align business objectives and leverage enterprise information to meet those goals. That is only possible, if information is managed holistically across the enterprise based on an enterprise-wide strategy that prevents disjointed point solutions, whether in the cloud or on premises.

"CIOs will emerge as strategic leaders within the C-suite, empowering the entire business with the information needed to drive innovation, accelerate revenue and growth," said Patrick Harper, chief information officer at OpenText. "The strategic CIO needs to articulate an enterprise information management strategy that enables the enterprise to drive faster time to market, time to revenue and time to satisfaction, while constantly mitigating security and information governance risks."

OpenText's Project Red Oxygen enables organizations to discover, manage, and use information to spur growth and innovation across their organization, decreasing time to competitive advantage. Consisting of five comprehensive and integrated product suites; Content Suite, Process Suite, Experience Suite, Discovery Suite and Information Exchange Suite, Project Red Oxygen delivers a common developer platform, engaging and consistent user experience and deep integration across suites to enable CIOs to partner with all lines of business.

OpenText is unveiling its 2020 Agenda roadmap during its 2014 Innovation Tour to a vast global network of 100,000+ customers and 600,000+ partners. Upcoming stops include: London on March 11-12; Paris on March 13; Munich on March 18-19; Eindhoven on March 20; Stockholm on March 25; Washington, D.C. on April 9; New York on April 10; Ottawa on April 15; Toronto on April 16; Sao Paulo on May 7; and Calgary on May 26. To register for the Innovation Tour, please visit: http://www.opentext.com/campaigns/innovation-tour.htm.

Learn more about OpenText's 2020 Agenda roadmap:

About OpenText
OpenText provides Enterprise Information Management software that helps companies of all sizes and industries to manage, secure and leverage their unstructured business information, either in their data center or in the cloud. Over 50,000 companies already use OpenText solutions to unleash the power of their information. To learn more about OpenText (NASDAQ: OTEX; TSX: OTC), please visit: www.opentext.com.

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.

Copyright ©2014 Open Text Corporation. OpenText is a trademark or registered trademark of Open Text SA and/or Open Text ULC. The list of trademarks is not exhaustive of other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text SA or other respective owners. All rights reserved. For more information, visit: http://www.opentext.com/2/global/site-copyright.html_SKU.

Logo - http://photos.prnewswire.com/prnh/20130730/CL55531LOGO

SOURCE Open Text Corporation

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.