WATERLOO, Ontario, June 1, 2018 /CNW/ -- OpenText™ (NASDAQ: OTEX,TSX: OTEX), the global leader in Enterprise Information Management (EIM), today announced the launch of a real-time sentiment analysis tool developed for the Government of Canada to help them understand media and social opinion on the themes of Canada's 2018 G7 Presidency: Investing in growth that works for everyone, Preparing for jobs of the future, Advancing gender equality and women's empowerment, Working together on climate change, oceans and clean energy and Building a more peaceful and secure world.
The application – accessible online at http://myg7.ca | http://mong7.ca – is built using OpenText Magellan, an artificial intelligence (AI)-powered Analytics platform that searches the web for publicly available G7 articles and tweets, and retrieves the raw text for evaluation.
This tool draws on Twitter and online news activity about Canada's 2018 G7 Presidency in real time, creating an interactive dashboard that displays sentiment and breaks down the key themes in an interactive way to show what issues what matter most to citizens around the world.
"OpenText is honoured to collaborate with the Government of Canada to provide real-time analysis of news and social media, helping citizens join and influence the discussion," said Mark J. Barrenechea, OpenText Vice Chair, CEO and CTO. "OpenText Magellan, our AI platform, is designed to understand unstructured content and turn it into quantifiable data. It can determine subjectivity, tone and sentiment expressed in text, nuances that help us derive unique insights from a massive and growing set of social posts, news stories and online comments."
"Canada is powered by its innovative spirit and the competitiveness of its industries. OpenText's cutting-edge technology is a shining example of Canadian innovation and will be the tool to deliver one of the most transparent and accessible G7 Presidencies. This project has been made possible due to the Government of Canada's collaborative arrangement with DigiHub Shawinigan," said the Honourable François-Philippe Champagne, Minister of International Trade.
"DigiHub Shawinigan is excited to collaborate with both Global Affairs Canada and OpenText. Connecting Canadians with the G7 Presidency is really exciting especially with the use of this innovative technology," added Philippe Nadeau, Director General, DigiHub (https://digihub.ca).
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, on premises or in the cloud. For more information about OpenText visit 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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For further information: Ryan Hill, OpenText, 416-524-6794, [email protected], http://www.OpenText.com