OpenText#RedDot and content authoring
{{Short description|Canadian software company}}
{{Distinguish|open text|OpenDocument}}
{{Use Canadian English|date=August 2024}}
{{Infobox company
| name = OpenText Corporation
| logo = OpenText logo.svg
| image = Open Text Corp. head quarters.jpg
| image_caption = Headquarters in Waterloo, Canada
| type = Public
| traded_as = {{Unbulleted list|{{tsx|OTEX}}||{{NASDAQ|OTEX}}|S&P/TSX 60 component}}
| industry = Computer Software
| ISIN = {{ISIN|sl=n|pl=y|CA6837151068}}
| foundation = {{start date and age|1991|df=yes}} (as OpenText Corporation)
| founders = {{Unbulleted list|Tim Bray|Gaston Gonnet|Frank Tompa}}
| location = Waterloo, Ontario, Canada
| key_people = Mark Barrenechea (CEO & CTO)
| products = Enterprise content management (ECM), business process management (BPM), customer experience management (CEM), information exchange, discovery and analytics software, cybersecurity software
| revenue = {{increase}} {{US$|5.77 billion|link=yes}} (2024)
| operating_income = {{increase}} US$887 million (2024)
| net_income = {{increase}} US$465 million (2024)
| assets = {{decrease}} US$14.2 billion (2024)
| equity = {{increase}} US$4.20 billion (2024)
| subsid = {{Unbulleted list|Carbonite, Inc.|Micro Focus|Webroot}}
| num_employees = 22,900
| num_employees_year = 2024
| website = {{URL|opentext.com}}
| footnotes = Financials {{as of|2024|06|30|lc=y|df=US}}{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1002638/000100263824000052/otex-20240630.htm |title=Open Text Corporation FY 2024 Annual Report (Form 10-K) |date=1 August 2024 |publisher=U.S. Securities and Exchange Commission}}
}}
OpenText Corporation (styled as opentext) is a global software company that develops and sells information management software.{{cite web|url=http://www.branham300.com/index.php?year=2010&listing=4|title=Branham Group Inc. > Branham300 > 2010 Edition|website=www.branham300.com|access-date=19 March 2018|archive-date=27 October 2017|archive-url=https://web.archive.org/web/20171027024841/https://www.branham300.com/index.php?year=2010&listing=4|url-status=dead}}
OpenText, headquartered in Waterloo, Ontario, Canada,{{cite web|url=http://www.cantechletter.com/2011/04/cantech-letter-interviews-john-shackleton-open-text/|title=Cantech Letter interviews John Shackleton of OpenText|author=Nick Waddell|work=Cantech Letter|date=29 April 2011}} is Canada's fourth-largest software company as of 2022,{{cite web |last=MAVERICK |first=J.B. |date=September 26, 2022 |title=The 5 Biggest Canadian Software Companies |url=https://www.investopedia.com/articles/markets/082615/5-biggest-canadian-software-companies.asp |access-date=November 8, 2022 |website=Investopedia |publisher=}} and recognized as one of Canada's top 100 employers 2025 by Mediacorp Canada Inc.{{cite web|title=Recognized as one of Canada's Top 100 Employers 2016|url=http://content.eluta.ca/top-employer-opentext|publisher=Mediacorp Canada Inc.}}
OpenText software applications manage content and unstructured data for large companies, government agencies, and professional service firms.{{cite web|url=https://www.bloomberg.com/profile/company/OTEX:CN|title=Open Text Corp|date=23 November 2020|publisher=Bloomberg}} OpenText's main business offerings include data analytics,{{Cite web |title=What's New With OpenText's Big Data Analytics? |url=https://www.cmswire.com/information-management/whats-new-with-opentexts-big-data-analytics/ |access-date=2025-03-23 |website=CMSWire.com |language=en}} enterprise information management,{{Cite web |last=Jackson |first=Amber |date=2024-04-15 |title=OpenText AI: Empowering Businesses in Information Management |url=https://technologymagazine.com/digital-transformation/opentext-ai-empowering-businesses-in-information-management |access-date=2025-03-23 |website=technologymagazine.com |language=en}} AI, cloud solutions, security,{{Cite web |last=Kerner |first=Sean Michael |date=2024-11-19 |title=OpenText expands AI capabilities to improve enterprise productivity and ROI |url=https://venturebeat.com/ai/opentext-expands-ai-capabilities-to-improve-enterprise-productivity-and-roi/ |access-date=2025-03-23 |website=VentureBeat |language=en-US}} and products that address information management requirements, including management of large volumes of content, compliance with regulatory requirements, and mobile and online experience management.{{cite web|url=https://www.theregister.com/2020/04/14/opentext_trading_grid/|title=Integrate all the things: OpenText would like to knit together application data from across company boundaries|date=23 November 2020|publisher=The Register}}
OpenText employs 22,900 people worldwide, and is a publicly traded company, listed on the Toronto Stock Exchange and the NASDAQ (OTEX).
History
Timothy Bray, with the University of Waterloo professors Frank Tompa and Gaston Gonnet, founded OpenText Corporation in 1991.{{cite web | url = http://www.referenceforbusiness.com/history2/72/Open-Text-Corporation.html | title = OpenText Corporation - Company Profile, Information, Business Description, History, Background Information on OpenText Corporation | website = Reference for Business | publisher = Advameg, Inc | access-date = 2017-03-05}} It grew out of OpenText Systems Inc., founded in 1989. The founders spun the company off from a University of Waterloo project that developed technology to index the Oxford English Dictionary.{{cite news | last = Silcoff | first = Sean | date = 2015-07-19 | title = Waterloo startup to software leader, OpenText pins future on digitization | url = https://www.theglobeandmail.com/technology/waterloo-startup-to-software-leader-open-text-pins-future-on-digitization/article25586844/ | work = The Globe and Mail | location = Toronto | access-date = 2017-03-05}}
Key people involved later include Tom Jenkins, who joined the company as COO in 1994, and later became president and chief executive officer.{{cite book|editor=Nick Bontis|title=World Congress on Intellectual Capital Readings|url=https://books.google.com/books?id=jroJBAAAQBAJ&q=Open+Text+Corporation&pg=PA8|year=2011|publisher=Routledge|page=7|isbn=9781136347962}} John Shackleton served as president from 1998 to 2011 and as CEO from 2005 to 2011. Mark J. Barrenechea has been president and CEO of OpenText since 2012. Barrenechea was named Canadian Business CEO of the Year in 2015.{{cite web|url=http://www.canadianbusiness.com/leadership/ceo-of-the-year/top-new-ceo-mark-barrenechea-opentext/|title=Top New CEO of the year|publisher=Image and data manager|date=2016-07-07|access-date=2010-11-16|archive-date=2015-10-21|archive-url=https://web.archive.org/web/20151021144044/http://www.canadianbusiness.com/leadership/ceo-of-the-year/top-new-ceo-mark-barrenechea-opentext/|url-status=dead}} In January 2016, Barrenechea became Chief Technology Officer.{{cn|date=May 2025}} From January 2016, Steve Murphy served as the President;{{Cite web |date=2024-05-17 |title=Epicor CEO Steve Murphy Appointed to Box’s Board of Directors - ExecutiveBiz |url=https://executivebiz.com/2024/05/epicor-ceo-steve-murphy-appointed-to-boxs-board-of-directors/ |access-date=2025-03-23 |website=executivebiz.com |language=en-US}} however, the company eliminated the position in Q1 2017.{{Cite press release|title=OpenText Reports Third Quarter Fiscal Year 2017 Financial Results|date=8 May 2017|url=http://news.sys-con.com/node/4075665|access-date=2 June 2017|archive-url=https://web.archive.org/web/20180319151349/http://news.sys-con.com/node/4075665|archive-date=19 March 2018|url-status=dead}}
In October 2012, it was announced that OpenText would support the University of Waterloo Stratford Campus, by contributing both funds and in-kind services to the school.{{cite web|url=http://kitchener.ctvnews.ca/grand-opening-for-uw-stratford-campus-1.997827|title=Grand opening for UW Stratford Campus|work=Kitchener|date=16 October 2012}}
In July 2020, OpenText partnered with cybersecurity company NINJIO. The collaboration strengthens security awareness with videos showcasing detection of phishing emails and inappropriate URLs.{{Cite web |last= |first= |date=2020-07-23 |title=OpenText Partners with NINJIO to Enhance Webroot Security Awareness |url=https://techrseries.com/news/opentext-partners-with-ninjio-to-enhance-webroot-security-awareness-training-for-new-covid-19-reality/ |access-date=2025-03-23 |website=TecHR |language=en-US}}
In February 2024, OpenText joined the Joint Cyber Defense Collaborative (JCDC), a United States Government cybersecurity initiative. The JCDC aims to improve cybersecurity readiness for the U.S. and its international partners. OpenText announced it would be providing a range of services and insights into safeguarding sensitive information.{{Cite web |date=2024-02-14 |title=OpenText Joins CISA Initiative to Help Enhance Cyber Defenses - ExecutiveBiz |url=https://executivebiz.com/2024/02/opentext-joins-cisa-initiative-to-help-enhance-cyber-defenses/ |access-date=2025-03-23 |website=executivebiz.com |language=en-US}}
In January 2025, it was announced that OpenText was chosen as one of Canada’s Top Employers for Young People for 2025,{{Cite news |date=2025-01-21 |title=2025 Winners: Canada's Top Employers for Young People |url=https://www.theglobeandmail.com/business/adv/article-2025-winners-canadas-top-employers-for-young-people/ |access-date=2025-05-01 |work=The Globe and Mail |language=en-CA}} as well as one of Canada’s Most Responsible Companies of 2025.{{Cite web |date=2024-10-16 |title=Canada's Most Responsible Companies 2025 |url=https://rankings.newsweek.com/canadas-most-responsible-companies-2025 |access-date=2025-05-01 |website=Newsweek |language=en}}
Acquisitions
Image:OpenText - IXOS - Obtree "I have survived the integration!" shirt.jpg
{{Prose|date=April 2023}}
OpenText has acquired several businesses over the past two decades, beginning with IXOS Software AG in 2003,{{Cite web |last=Weiss |first=Todd R. |date=2003-10-21 |title=Open Text acquiring Ixos as content management mergers continue |url=https://www.computerworld.com/article/2572423/open-text-acquiring-ixos-as-content-management-mergers-continue.html |access-date=2022-08-26 |website=Computerworld |language=en}} followed by Artesia in 2004.{{Cite web|date=4 August 2004|title=Open Text to acquire Artesia|url=https://www.cnet.com/news/open-text-to-acquire-artesia/|access-date=16 November 2020|website=cnet}} Other notable acquisitions include Hummingbird Ltd. in 2006 for $489 million,{{Cite web |last=Writer |first=CBR Staff |date=2006-08-07 |title=Open Text acquires Hummingbird for $489 million |url=https://www.techmonitor.ai/technology/open_text_acquires_hummingbird_for_489_million/ |access-date=2025-03-23 |website=Tech Monitor |language=en-US}} Captaris Inc. in 2008 for $131 million,{{cite web|url=https://www.cmswire.com/cms/enterprise-cms/open-text-to-acquire-document-management-provider-captaris-003099.php|title=Open Text to Acquire Document Management Provider Captaris|date=2008-09-04}} and Vignette Corporation in 2009 for $321 million in cash and stock.{{cite news |url=https://www.reuters.com/article/opentext/update-1-open-text-profit-dips-says-integrating-vignette-idUSN2053342820090820 |title=Open Text profit dips; says integrating Vignette |work=Reuters |date=2009-08-20}}
In the early 2010s, it acquired EasyLink (2012) for $232 million{{Cite web|date=1 May 2012|title=OpenText to buy EasyLink Services for $232 million|url=https://www.reuters.com/article/us-opentext-easylink-idUSBRE8401IK20120501|access-date=16 November 2020|website=reuters}} and GXS Inc., which had previously acquired Inovis, integrating the latter into the OpenText Business Network, which later acquired Inovis. In 2014, OpenText purchased Cordys for $33 million{{Cite web |title=OpenText Buys Cordys: Offers Integrated BPM, Information Management |url=https://www.cmswire.com/cms/information-management/opentext-buys-cordys-offers-integrated-bpm-information-management-022146.php |access-date=2025-03-23 |website=CMSWire.com |language=en}} and Actuate of San Mateo, California.{{Cite web|last=Dulaney|first=Chelsey|date=5 December 2014|title=Open Text to Buy Actuate for $330 Million|url=https://www.wsj.com/articles/open-text-to-buy-actuate-for-330-million-1417791696|access-date=16 November 2020|website=The Wall Street Journal}} The following year, it acquired Daegis for $13.5 million.{{Cite web |date=9 October 2015 |title=BUZZ-Daegis Inc: Agrees to be acquired by Open Text |url=https://www.reuters.com/article/business/buzz-daegis-inc-agrees-to-be-acquired-by-open-text-idUSL3N1293PI/ |website=Reuters}}
Image:OpenText 1 2018-09-20.jpg
On September 12, 2016, OpenText further expanded its share of the enterprise content management software market by buying that division of Dell EMC, which included Documentum, for US$1.6 billion.{{Cite news|url=https://www.thestar.com/business/2016/09/12/waterloo-company-opentext-signs-deal-to-buy-dell-emc-division-for-162b.html|title=Waterloo company OpenText signs deal to buy Dell EMC division for $1.62B|date=September 12, 2016|work=Toronto Star|agency=The Canadian Press|access-date=February 2, 2017}} OpenText had originally had Documentum and Hummingbird, Ltd., as its chief competitors in this space, but this acquisition brought the long-time third competitor in Documentum under one corporate roof.{{cite news|url=https://www.wsj.com/articles/open-text-to-buy-dell-emc-enterprise-content-division-for-1-6-billion-1473687288/|title=OpenText buys Dell EMC ECD|newspaper=Wall Street Journal|date=2016-09-12|last1=McKinnon|first1=Judy}} Also in 2016, OpenText acquired Recommind after previously engaging with the company as a strategic partner.{{Cite web |date=2016-06-02 |title=OpenText to Acquire Recommind for $163 Million |url=https://www.kmworld.com/Articles/News/News/OpenText-to-Acquire-Recommind-for-$163-Million-111476.aspx |access-date=2025-03-23 |website=KMWorld |language=en-US}}
In 2017, OpenText acquired Guidance Software for US$240 million,{{cite web|url=https://techcrunch.com/2017/07/26/opentext-acquires-forensic-security-vendor-guidance-software-for-240-million/|title=OpenText acquires forensic security vendor Guidance Software for $240 million {{!}} TechCrunch|last=Miller|first=Ron|date=26 July 2017 |access-date=2017-08-07}} and Covisint for US$103 million, which they integrated into their OpenText Business Network.{{cite web|url=https://www.therecord.com/business/2017/06/06/opentext-buys-cloud-computing-firm-for-us-103-million.html|title=OpenText buys cloud computing firm for US$103 million|date=2017-06-06|work=The Record|last=Pender|first=Terry}} In 2018, OpenText acquired Liaison Technologies for US$310 million and integrated into their OpenText ALLOY Platform.{{Cite web|url=https://www.theglobeandmail.com/business/article-opentext-buys-georgia-cloud-company-for-310-million/|title=OpenText buys Georgia cloud company for $310-million|website=The Globe and Mail|language=en|date=2018-10-31|last=O'Kane |first=Josh}}
In 2019, OpenText acquired Catalyst Repository Systems. {{cite web|url=https://finance.yahoo.com/news/opentext-acquires-catalyst-repository-systems-120436648.html|title=OpenText acquires Catalyst|date=February 2019 |access-date=2021-02-26}} That same year, OpenText also acquired Carbonite Inc. (including Webroot and Mozy, which Carbonite Inc. had earlier acquired) for approximately US$1.45 billion.{{cite web |title=OpenText to Acquire Carbonite, Inc. |url=https://www.opentext.com/about/press-releases?id=2F8EF8EACDAF43E28B709A80F229F863 |publisher=Open Text Corporation |access-date=11 November 2019 |date=11 November 2019}}{{cite news |last1=Dignan |first1=Larry |title=OpenText buys Carbonite for $1.42 billion, builds out portfolio |url=https://www.zdnet.com/article/opentext-buys-carbonite-for-1-42-billion-builds-out-portfolio/ |access-date=11 November 2019 |publisher=ZDNet |date=11 November 2019}} In 2020, OpenText acquired Xmedius for US$75 million.{{Cite web |title=Waterloo's OpenText acquires XMedius |date=9 March 2020 |url=https://kitchener.citynews.ca/local-news/waterloos-opentext-acquires-xmedius-2148121 |access-date=9 March 2020}}
In 2021, OpenText announced the planned acquisition of Zix Corp for US$860 million,{{Cite web |title=OpenText To Buy Zix For $860 Million To Create 'Powerhouse SMB' Platform; Boost Microsoft Partnership |url=https://www.crn.com/news/security/opentext-to-buy-zix-for-860-million-to-create-powerhouse-smb-platform-boost-microsoft-partnership |date=2021-11-08 |work=CRN |last=Haranas |first=Mark }} and in November, OpenText completed the acquisition of Bricata enabling next-generation Network Detection & Response (NDR) technology to the OpenText Security and Protection Cloud.{{Cite web |last=Panettieri |first=Joe |date=2021-11-24 |title=OpenText Acquires Network Detection and Response (NDR) Security Company Bricata - |url=https://www.msspalert.com/news/opentext-acquires-network-detection-and-response-ndr-security-company-bricata |access-date=2025-03-23 |website=MSSP Alert |language=en}}
In 2022, OpenText announced it would acquire British software firm Micro Focus in a deal valued at US$6{{nbsp}}billion, which finalized in January 2023.{{cite news |url=https://www.bloomberg.com/news/articles/2022-08-25/open-text-to-acquire-software-firm-micro-focus-at-99-premium |title=Open Text to Buy Software Firm Micro Focus at 99% Premium |date=25 August 2022 |work=Bloomberg News |last=Decloet |first=Derek |url-access=limited |archive-url=https://archive.today/20220825225241/https://www.bloomberg.com/news/articles/2022-08-25/open-text-to-acquire-software-firm-micro-focus-at-99-premium |archive-date=25 August 2022 |url-status=live}}{{Cite web |last=Haranas |first=Mark |title=Layoffs Ahead As OpenText Closes $5.8B Micro Focus Buy|url=https://www.crn.com/news/security/layoffs-ahead-as-opentext-closes-5-8b-micro-focus-buy |date=31 January 2023 |work=CRN}} With the acquisition, OpenText also acquired a number of companies under Micro Focus, including Borland, Compuware, HP Enterprise, and Interset.{{Cite web |last=Sandle and Baker |first=Paul and Liana B. |date=8 September 2016 |title=HP Enterprise strikes $8.8 billion deal with Micro Focus for software assets |url=https://www.reuters.com/article/world/hp-enterprise-strikes-88-billion-deal-with-micro-focus-for-software-assets-idUSKCN11E0AY/ |website=Reuters}}{{Cite web |last=Novinson |first=Michael |title=Micro Focus Buys Cybersecurity Startup Interset For Analytics Expertise {{!}} CRN |url=https://www.crn.com/news/security/micro-focus-buys-cybersecurity-startup-interset-for-analytics-expertise |access-date=2025-03-23 |website=www.crn.com}}
Products
File:OpenTextRHOfficeBuilding9.jpg
OpenText's products include enterprise content management (OpenText Content Suite, OpenText Extended ECM, OpenText Documentum Content Management), Business Network, customer experience management (OpenText Customer Experience Platform), digital process automation (OpenText Process Automation{{Cite web |title=OpenText Process Automation {{!}} BPA Software |url=https://www.metasource.com/software/opentext/appworks/ |access-date=2025-05-01 |website=MetaSource |language=en}}), discovery (OpenText eDiscovery and Investigations), security (OpenText Forensic (EnCase), OpenText Carbonite and Webroot solutions, OpenText NetIQ, OpenText ArcSight, OpenText Voltage, OpenText Fortify), and AI and analytics (OpenText Magellan Product Suite).
OpenText announced cloud-native containerized versions of many of the company's software applications in April 2020.{{cite web|url=https://searchcontentmanagement.techtarget.com/news/252481403/New-OpenText-CE-apps-services-roll-out|title=New OpenText CE apps, services roll out|date=23 November 2020|publisher=Search Content Management}}
= Documentum =
OpenText Documentum is an information management platform, named after the company Documentum that originally developed the software suite. In 2003, EMC acquired Documentum for $1.7 billion.{{Cite web |date=2009-03-18 |title=EMC offers $1.7 billion in stock for Documentum - Network World |url=http://www.networkworld.com/news/2003/1014emcoffer.html |access-date=2023-03-16 |archive-date=2009-03-18 |archive-url=https://web.archive.org/web/20090318102926/http://www.networkworld.com/news/2003/1014emcoffer.html |url-status=dead }} In 2016, EMC was acquired by Dell, becoming Dell EMC.{{Cite web |last=Press |first=Gil |title=A Very Short History Of EMC Corporation |url=https://www.forbes.com/sites/gilpress/2016/09/06/a-very-short-history-of-emc-corporation/ |access-date=2023-03-16 |website=Forbes |language=en}} Subsequently, all of the Documentum intellectual property was sold to OpenText Corporation.{{Cite web |date=2017-01-24 |title=OpenText completes Documentum acquisition to become largest ECM vendor {{!}} IT World Canada News |url=https://www.itworldcanada.com/article/opentext-completes-documentum-acquisition-to-become-largest-ecm-vendor/390148 |access-date=2025-03-23 |website=www.itworldcanada.com |language=en-US}}
= Content Suite Platform =
In 1996, the product originally called "Livelink" became OpenText's.{{Cite news|url=https://www.opentext.com/products-and-solutions/products/opentext-product-offerings-catalog/rebranded-products/livelink-is-now-part-of-the-opentext-ecm-suite|title=Livelink {{!}} OpenText|work=OpenText|access-date=2018-09-13|language=en-US}} Between 2003 and 2005, "Livelink" evolved from being the name of a single product to being a brand applied to the names of several OpenText software products. As a result of this change, "Livelink Server" became known as "Livelink Enterprise Server" (LES) and later "Livelink ECM. In 2012, OpenText introduced the OpenText Content Suite. Then the technology component formerly known as Livelink ECM - Enterprise Server became known as OpenText Content Server, which is now a key component of OpenText Content Suite Platform.{{Cite web|url=https://slideplayer.com/slide/2496650/|title=An innovative way to access Livelink® - ppt download|website=slideplayer.com|access-date=2018-09-13}}{{Cite book|title=OVERVIEW OF THE CURRENT VERSIONS OF SELECTED OPENTEXT PRODUCTS|date=January 2016|url=https://www.ixtent.com/en/download/product-release-opentext-01-2016.pdf}}
= Magellan =
In July 2017, OpenText launched its artificial intelligence (AI) and analytics platform, OpenText Magellan, at the company's Enterprise World conference. The platform enabled costumers to use open-source software and algorithms, and for companies to build their own.{{Cite web |title=OpenText launches Magellan, an AI platform aimed at IBM's Watson |url=https://www.zdnet.com/article/opentext-launches-magellan-an-ai-platform-aimed-at-ibms-watson/ |access-date=2025-03-23 |website=ZDNET |language=en}}
= RightFax =
OpenText RightFax provides network-based fax functionality to enterprise organizations and has evolved through many versions since it was first released in 1992.{{Cite web|url=https://businessnetwork.opentext.com/fax-server-software|title=OpenText RightFax Overview|website=OpenText|language=en|access-date=2020-01-03}}{{Cite web|url=https://www.opentext.com/about/press-releases?id=2153|title=News and Press Releases (PR)|website=OpenText|language=en|access-date=2020-01-03}}{{Cite news|url=https://www.opentext.com/about/press-releases?id=2153|title=Open Text Introduces New Fax Server Release Following Captaris Acquisition|website=OpenText|language=en|access-date=2020-01-03}}
=OpenText Intelligent Capture (formerly Captiva)=
Captiva Software became a subsidiary of OpenText in 2017.{{cite news|publisher=MetaSource |url=http://www.metasource.com/document-management-workflow-news/opentext-acquires-emc-enterprise-content-division |title=OpenText acquires EMC enterprise division |date=Sep 2016}} It makes software for document information processing and data capture from paper and electronic documents and provides related services. Information in the form of extracted content and files is acquired in the Captiva Solution and then delivered for storage or workflow into document management systems such as those from Documentum, OpenText, Microsoft, or IBM. In 2019, Captiva was rebranded as OpenText Intelligent Capture.{{Cite web |date=2019-07-22 |title=Captiva is now OpenText Intelligent Capture |url=https://www.revolutiondatasystems.com/blog/captiva-is-now-opentext-intelligent-capture |access-date=2025-03-23 |website=Revolution Data Systems |language=en-US}}
=OpenText AppEnhancer (formerly ApplicationXtender)=
OpenText AppEnhancer is a content management system that manages, organizes, and stores information from an application or as an extension to an existing application. The product was acquired during OpenText's purchase of Dell EMC's ECD (Enterprise Content Division) in 2017.{{Cite web|url=https://www.revolutiondatasystems.com/opentext-appenhancer|title = OpenText AppEnhancer}}
= OpenText Aviator =
OpenText Aviator is a generative-AI solution. The product uses large language models (LLMs) and private data sets to solve industry-specific issues such as cybersecurity or DevOps through private business data management.{{Cite news |last=OpenText |date=2024-09-11 |title=Unlocking AI’s full potential: The vital element you can no longer ignore |url=https://www.fastcompany.com/91187984/unlocking-ais-full-potential-the-vital-element-you-can-no-longer-ignore |archive-url=http://web.archive.org/web/20240923130331/https://www.fastcompany.com/91187984/unlocking-ais-full-potential-the-vital-element-you-can-no-longer-ignore |archive-date=2024-09-23 |access-date=2025-05-01 |work=Fast Company |language=en-US}} OpenText Aviator includes business functions that provide a virtual agent for OpenText Service Management Automation X, software delivery optimization, and information retrieval in the workplace. The product also brings GenAI to Customer Communications Management and the company’s supply chain platform.{{Cite web |last=Kerner |first=Sean Michael |date=2023-10-11 |title=OpenText Aviator lets AI fly across expansive enterprise software portfolio |url=https://venturebeat.com/ai/opentext-aviator-lets-ai-fly-across-expansive-enterprise-software-portfolio/ |access-date=2025-05-01 |website=VentureBeat |language=en-US}}
= Titanium X =
Titanium X is an information management platform that introduces cloud and AI technologies across platforms for users. In November 2024, update 24.4 introduced new AI capabilities with the addition of over 100 AI agents to the platform.{{Cite web |date=2024-11-22 |title=OpenText Supercharges Multi-Cloud with Cloud Editions 24.4 |url=https://www.dbta.com/Editorial/News-Flashes/OpenText-Supercharges-Multi-Cloud-with-Cloud-Editions-244-166994.aspx |access-date=2025-05-01 |website=Database Trends and Applications |language=en-US}}{{Cite web |last=Murphy |first=Ian |date=2024-11-21 |title=OpenText releases Cloud Editions 24.4 to make multi-cloud work |url=https://www.enterprisetimes.co.uk/2024/11/21/opentext-releases-cloud-editions-24-4-to-make-multi-cloud-work/ |access-date=2025-05-01 |website=Enterprise Times |language=en-GB}} To demonstrate the value of the platform, the company released a program, “Earn Your Wings,” that allowed organizations to test OpenText Aviator before completing a full deployment.{{Cite web |last=Kerner |first=Sean Michael |date=2024-11-19 |title=OpenText expands AI capabilities to improve enterprise productivity and ROI |url=https://venturebeat.com/ai/opentext-expands-ai-capabilities-to-improve-enterprise-productivity-and-roi/ |access-date=2025-05-01 |website=VentureBeat |language=en-US}}
References
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External links
Image:Open Text 2011-03-30 (5574154217).jpg
- {{Official website}}
{{Finance links
| name = OpenText
| symbol = OTEX
| reuters = OTEX.TO
| bloomberg = OTEX:CN
| sec_cik = 1002638
| yahoo = OTEX.TO
| google = OTEX:TSE
}}
{{OpenText}}
{{S&P/TSX 60}}
{{Authority control|state=expanded}}
Category:Canadian companies established in 1991
Category:Companies based in Waterloo, Ontario
Category:Software companies established in 1991
Category:Companies listed on the Toronto Stock Exchange
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