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:

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
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
DXWorldEXPO LLC announced today that Telecom Reseller has been named "Media Sponsor" of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Enterprises are universally struggling to understand where the new tools and methodologies of DevOps fit into their organizations, and are universally making the same mistakes. These mistakes are not unavoidable, and in fact, avoiding them gifts an organization with sustained competitive advantage, just like it did for Japanese Manufacturing Post WWII.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Transformation Abstract Encryption and privacy in the cloud is a daunting yet essential task for both security practitioners and application developers, especially as applications continue moving to the cloud at an exponential rate. What are some best practices and processes for enterprises to follow that balance both security and ease of use requirements? What technologies are available to empower enterprises with code, data and key protection from cloud providers, system administrators, inside...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Daniel Jones is CTO of EngineerBetter, helping enterprises deliver value faster. Previously he was an IT consultant, indie video games developer, head of web development in the finance sector, and an award-winning martial artist. Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams.
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
"Calligo is a cloud service provider with data privacy at the heart of what we do. We are a typical Infrastructure as a Service cloud provider but it's been designed around data privacy," explained Julian Box, CEO and co-founder of Calligo, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will d...