OpenText's Position in the Leaders Quadrant Follows Twelve Consecutive Years as a Leader in the Gartner Magic Quadrant for Enterprise Content Management
WATERLOO, Ontario, Oct. 12, 2017 /CNW/ -- OpenText™ (NASDAQ: OTEX,TSX: OTEX), a global leader in Enterprise Information Management (EIM), today announced that it has been positioned as a leader in Gartner's 2017 Magic Quadrant for Content Services Platforms.*
"Information is at the heart of all digital processes. The evolution of Enterprise Content Management (ECM) to Content Services, as a way to manage and integrate this information, is paramount to a successful digital transformation strategy," said Mark Barrenechea, Vice-Chairman, CEO & CTO at OpenText. "OpenText has made significant investments across our Content Services during the past year. By adding leading platforms such as Documentum to our portfolio, and embedding Content Services in our applications, OpenText continues to innovate, evolve and grow with the market."
According to the Gartner report, "Cloud, social collaboration, mobile and analytics technologies have transformed demands and expectations for content in digital business. The variety and volume of content continue to grow. So does its importance: increasingly, IT and business leaders use content to complement or even drive digital business processes."
The report also notes, "Content Services Platform (CSP) vendors are recasting ECM in terms of a service-oriented architecture ... A CSP has the flexibility to support existing and emerging content use cases. It has its own repository but should also be able to integrate external repositories through connectors, APIs or packaged integrations. Today, many CSPs can be deployed on-premises, in the cloud or in hybrid architectures."
Part of the OpenText EIM platform, OpenText™ Content Services help organizations connect content to their Digital Business and transform process productivity, personal productivity, and control. Additionally, OpenText Content Services adhere to the Content Management Interoperability Services (CMIS) standard and support a broad range of operating systems, databases, application servers, and enterprise applications.
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*Gartner, "Magic Quadrant for Content Services Platforms," Karen A. Hobert, Michael Woodbridge, Joe Mariano, Gavin Tay, 5 October 2017
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About OpenText 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 (NASDAQ: OTEX,TSX: OTEX) 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.