OpenText among ECM vendors to address increased demands for better mobile and cloud capabilities
WATERLOO, Ontario, Oct. 9, 2013 /CNW/ - OpenText™ (NASDAQ: OTEX, TSX: OTC), the global leader in Enterprise Information Management (EIM), today announced that it has been positioned as a leader in Gartner's 2013 Magic Quadrant for Enterprise Content Management1 report. Following on other recent reports by Radicati2 and Forrester Research3, OpenText believes this validates the company's continued influence and commitment to the market as one of the most innovative providers of ECM solutions.
Compiling a comprehensive overview of strengths and cautions, Gartner's Magic Quadrant for ECM evaluates providers on "completeness of vision" and "ability to execute," placing vendors in one of four quadrants: "challengers," "leaders," "niche players," and "visionaries." According to Gartner, Leaders have the highest combined scores for Ability to Execute and Completeness of Vision. They are doing well and are prepared for the future with a clearly articulated vision. In the context of ECM, they have strong channel partners, presence in multiple regions, consistent financial performance, broad platform support and good customer support. They are very strong in one or more technologies or vertical markets. They deliver a suite that addresses market demand for direct delivery of the majority of core components, although these are not necessarily owned by them, tightly integrated, unique or best-of-breed in each area.
According to the Gartner report, there are many core components of an ECM suite, however it is social content that has been described as "the fastest-growing category of new content in the enterprise." OpenText Tempo Social and Cloud offerings help enhance social collaboration and provide secure enterprise file sync and sharing capabilities.
"With today's market focused on business and transactional content technologies, strategic CIOs are demanding agile, enterprise information management solutions that increase employee productivity and flexibility in the workplace, while providing measurable ROI," said Kevin Cochrane, OpenText Chief Marketing Officer. "OpenText ECM software unites capture, document management, records management, workflow, archiving, search and eDiscovery to meet these demands, while maximizing business insight and efficiency. As the ECM market continues to evolve and expand, we are excited to see Gartner and other leading industry analysts continue to validate our strengths in this space."
OpenText Enterprise Content Management (ECM) helps govern all information within the enterprise and helps ensure that it is securely stored and managed throughout its lifecycle. ECM is one of five foundational pillars in OpenText's Enterprise Information Management (EIM) strategy, designed to help businesses maximize the value of information and minimize its risk.
Download the Gartner Magic Quadrant for ECM report today!
A complimentary copy of Gartner's 2013 Magic Quadrant for Enterprise Content Management report by Mark R. Gilbert, Karen M. Shegda, Kenneth Chin, Gavin Tay, and Hanns Koehler-Kruener can be downloaded here: www.opentext.com/gartner-ecm
Learn more about OpenText EIM:
1Gartner, Inc., "Magic Quadrant for Enterprise Content Management," Mark R. Gilbert, Karen M. Shegda, Kenneth Chin, Gavin Tay, Hanns Koehler-Kruener, September 23, 2013.
2The Radicati Group, Inc., "Enterprise Content Management - Market Quadrant 2013," June 2013.
3Forrester Research, Inc., "The Forrester Wave™: Enterprise Content Management, Q3 2013," Alan Weintraub, Craig Le Clair, and Cheryl McKinnon with Leslie Owens and Emily Jedinak, September 2013.
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.
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SOURCE: Open Text Corporation
For further information:
Peter Gorman, OpenText, +1 617-669-4329, PublicRelations@OpenText.com, or Jessica Mott, OpenText, +1 289-684-1756, PublicRelations@OpenText.com