Welcome!

News Feed Item

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

-- 2020 Agenda Takes Centre Stage During OpenText Global 2014 Innovation Tour 

WATERLOO, Ontario, March 11, 2014 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTC), the global leader in Enterprise Information Management (EIM), today debuted its vision for helping organisations 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.

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

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 organisations 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, digitising every process, to maximise competiveness and effectiveness. OpenText is helping customers prepare for the digital economy of tomorrow by re-conceptualising 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. Organisational 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 organisations to discover, manage, and use information to spur growth and innovation across their organisation, 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; São 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:

  • Read the blog of Mark Barrenechea, OpenText's CEO
  • Connect with OpenText:
    • Twitter:[email protected] @ #2020Agenda, #OTInnovate
    • LinkedIn: www.linkedin.com/company/OpenText
    • Facebook: www.facebook.com/opentext

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.ot.co.uk

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.

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
Regardless of what business you’re in, it’s increasingly a software-driven business. Consumers’ rising expectations for connected digital and physical experiences are driving what some are calling the "Customer Experience Challenge.” In his session at @DevOpsSummit at 20th Cloud Expo, Marco Morales, Director of Global Solutions at CollabNet, will discuss how organizations are increasingly adopting a discipline of Value Stream Mapping to ensure that the software they are producing is poised to o...
This talk centers around how to automate best practices in a multi-/hybrid-cloud world based on our work with customers like GE, Discovery Communications and Fannie Mae. Today’s enterprises are reaping the benefits of cloud computing, but also discovering many risks and challenges. In the age of DevOps and the decentralization of IT, it’s easy to over-provision resources, forget that instances are running, or unintentionally expose vulnerabilities.
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, will motivate why realizing the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insigh...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 20th Cloud Expo, Tom Eck, Industry Platforms CTO at IBM Cloud, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing developers ...
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
In his session at 20th Cloud Expo, Brad Winett, Senior Technologist for DDN Storage, will present several current, end-user environments that are using object storage at scale for cloud deployments including private cloud and cloud providers. Details on the top considerations of features and functions for selecting object storage will be included. Brad will also touch on recent developments in tiering technologies that deliver single solution and an end-user view of data across files and objects...
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, w...
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assis...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...