FARYS | TMVW Simplifies Information Management with OpenText

Belgian Multiservice Company Centralizes Data Exchange Environment with OpenText Extended ECM for SAP Solutions

WATERLOO, Ontario, March 16, 2017 /CNW/ -- OpenText™ (NASDAQ: OTEX, TSX: OTEX), a global leader in Enterprise Information Management (EIM), today announced that FARYS | TMVW, a Belgian multiservice company, will deploy OpenText Extended Enterprise Content Management (xECM) for SAP Solutions to centralize data exchange across the business. Using OpenText, FARYS will create a more structured IT environment, supporting growth for the company's expanding range of services and enabling greater collaboration and efficiency among its employees.

FARYS has shifted from being a supplier of drinking water in Belgium to a multiservice company that offers services including waste water management, and the construction and renovation of swimming pools and sports facilities. These services required FARYS to work with many different businesses and manage a range of information flows for financial processes, maintenance workflows and customer information. To build a centralized environment for data exchange, FARYS selected OpenText Extended ECM for SAP Solutions which easily connected with its existing OpenText archiving solution and SAP.

"We wanted to create a central digital environment through which our employees could collaborate and exchange information," said Inge Opreel, department manager at FARYS. "Thanks to OpenText's expertise, we can get the best results from tying together our existing solutions and building a comprehensive IT environment. This is a critical part of delivering the very best service to our customers."

The new solution allows FARYS to manage information flows better and more efficiently so that everyone in the organization can access the latest documents from anywhere at any time. The system ties together content from SAP and other data sources to ensure that digital records are presented through a single dashboard. Users can work within their own business applications, but have access to the latest information from FARYS's other enterprise applications.

OpenText Extended ECM for SAP Solutions adds data and document archiving, imaging, document management, collaboration, certified records management, and application-spanning virtual views of related information to SAP systems for better engagement, productivity, innovation, insight and control. To learn more about OpenText Extended ECM for SAP Solutions, visit www.opentext.com/what-we-do/products/opentext-suite-for-sap/opentext-extended-ecm-for-sap-solutions.

About OpenText
OpenText enables the digital world, creating a better way for organizations to work with information, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.

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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 ©2017 Open Text. OpenText is a trademark or registered trademark of Open Text. 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. All rights reserved. For more information, visit: http://www.opentext.com/who-we-are/copyright-information

SOURCE Open Text Corporation

For further information: Jeff Neal, OpenText, +1 (925) 600-5114, publicrelations@opentext.com, http://www.OpenText.com


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