WATERLOO, ON, March 1,
2023 /PRNewswire/ -- OpenText™ (NASDAQ:
OTEX), (TSX: OTEX), today announced that Bayer has selected
OpenText™ Business Network Cloud Enterprise as a strategic
solution for select B2B integration activities within the divisions
Consumer Health & Pharmaceuticals, to increase agility and
improve operational efficiencies. The collaboration was initiated
with a proof-of-concept to be followed by roll-out activities.
With a more than 150-year history, Bayer is one of the largest
healthcare and agricultural companies in the world. By deploying
Business Network Cloud Enterprise, Bayer will optimize and simplify
integration with partners, enabling the organization to focus on
their core business.
"We expect that our collaboration with OpenText, from the
onboarding of customers through its roll out, is poised to have a
significant impact on our global processes," said
Björn-Christian Volckmann – Global
Process Owner Order-2-Cash, Commercial Operations (Consumer Health
& Pharmaceuticals). "As a global B2B EDI provider and
trusted partner, OpenText will provide curated support and enable
us to continue prioritizing leading edge solutions that will make a
difference in communities around the world today, and well into the
future."
Through industry leading Business Network Cloud Enterprise,
OpenText supports the day-to-day operations relating to an
organization's B2B integrations. By managing systems, integration,
partner onboarding, transaction monitoring and more, OpenText
enables companies to focus on their core competencies while
benefitting from access to real-time business performance insights,
simplified interaction with trading partners and a digital backbone
that connects people, systems and things.
"With billions of B2B transactions being exchanged globally
between organizations every year, successful and effective
integration can be extremely costly and complex, often requiring
continuous investment, specialized technology and expertise, to
manage," said Muhi Majzoub, Chief Product Officer at OpenText. "By
leveraging OpenText™ Business Network Cloud Enterprise, Bayer
will be able to focus on their core business priorities with a
simplified and harmonized system landscape that is backed and
supported by one of the largest B2B Networks in the world."
To learn more about OpenText™ Business Network Cloud
Enterprise read here.
About OpenText
OpenText, The Information Company™, enables organizations to gain
insight through market leading information management solutions,
powered by OpenText Cloud Editions. For more information about
OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.
Connect with us:
OpenText CEO Mark Barrenechea's
blog
Twitter | LinkedIn
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 © 2023 OpenText. All Rights Reserved. Trademarks owned by
OpenText. One or more patents may cover this product(s). For more
information, please
visit https://www.opentext.com/patents.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/opentext-collaborates-with-bayer-to-simplify-digital-operations-301759462.html
SOURCE Open Text Corporation