Ontario-based Electricity
Provider Maximizes Safety and Cost Efficiencies with Effective,
Efficient Capital Project Delivery
WATERLOO, Ontario, April 11, 2017 /CNW/ -- OpenText™ (NASDAQ:
OTEX, TSX: OTEX), a global leader in Enterprise Information
Management (EIM), today announced that Bruce Power, a private
provider of clean, reliable, low-cost nuclear power across
Ontario, is using OpenText to
provide collaboration and control of document processes. Using
OpenText, the company is able to integrate key management systems
across its plants to maximize safety and cost efficiencies.
Based in Ontario, Bruce Power
supplies 30 percent of the region's energy at 30 percent less than
the average residential price. The company has begun a series of
privately funded incremental life-extension investments to replace
major plant components that will secure a clean, reliable and
affordable source of electricity in Ontario through 2064. The company needed a
solution to help manage all of the detailed information related to
the plant upgrades and enhancements of the Life Extension
Program.
"We chose the OpenText solution to improve how we will
collaborate and control our critical document processes during this
important Life Extension Program, so we can continue to provide
Ontario families and businesses
with low-cost power," said Sarah
Shortreed, vice president and chief information officer, at
Bruce Power. "This project is paramount for us and Canada, creating and sustaining 22,000 direct
and indirect jobs annually, and $4
billion in labor income and spending on equipment and
materials from hundreds of small, medium, and large suppliers each
year in Ontario. Managing the
volumes of critical documentation and integrating it into our asset
management systems is key to our success, and our partnership with
OpenText will help us do just that."
OpenText offers Bruce Power a range of capabilities, including
Engineering Document Management with controlled revision tracking
and automatic numbering and transmittals, and workflow and
reporting. The solution will also provide collaboration benefits to
ensure project execution excellence and operational readiness
during the Life Extension Program.
The asset management capabilities of the OpenText solution will
support the initial planning of the refurbishment activities,
including the lifecycle management of critical documentation for
plant assets.
"We will be collaborating with internal and external
stakeholders such as key engineering and construction firms on
everything from planning, to design and construction of the
refurbished reactors, and must manage all of this information in a
very secure and detailed manner," said Shortreed.
The integrated OpenText solution will ensure a smooth handover,
first with documentation on how the Bruce Power plant assets are
today to support continuing operations and maintenance, and ongoing
for an effective and efficient capital project delivery that will
maximize safety and yield cost efficiencies for plant
operations.
The OpenText EIM portfolio is designed to enable organizations
to discover and manage information to spur growth and innovation
and decrease time to competitive advantage. The platform consists
of comprehensive and integrated product solutions including Content
Suite, Process Suite, Experience Suite, Analytics Suite, Discovery
Suite and Business Network. OpenText's EIM solutions are available
for deployment on-premises, in the cloud and in hybrid
deployments.
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 .
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SOURCE Open Text Corporation