WATERLOO, Ontario, Dec. 20, 2018 /CNW/ -- OpenText™ (NASDAQ:
OTEX, TSX: OTEX), the global leader in Enterprise Information
Management (EIM), today announced it has been positioned as a
Leader in the IDC MarketScape Multi-Enterprise Supply Chain
Commerce Network 2018 Vendor Assessment based on the company's
innovative strategy and proven capability.
"Supply chains are the lifeblood of the intelligent and
connected enterprise," said OpenText CEO & CTO Mark J. Barrenechea. "The OpenText Business
Network enables trillions in annual commerce through a network of a
million trading partners. OpenText provides companies leading
digital technology for secure, global and reusable application
networks. We are committed to innovating and delivering solutions
that enable deeper insights through integrated AI and machine
learning technology."
According to the IDC MarketScape report, "As a proven vendor in
the SCCN space, OpenText wins deals because of their proven scale,
expertise, global reach, and focus on investment and growth.
Leading companies that depend on a proven solution and business
partner to power their global supply chains and ensure business
continuity select OpenText."
OpenText Business Network provides a cloud platform
connecting people, systems, and things to facilitate efficient,
secure, and compliant collaboration across digital supply chains
and business ecosystems. OpenText combines proven leadership and
global scale, with ongoing innovation and investment in its core
services—the Trading Grid and B2B Managed Services. With embedded
analytics, self-service, and a suite of SaaS applications for
procure to pay and order to cash optimization, OpenText helps
customers:
- Simplify complex Business 2 Business operations
- Enable Application 2 Application networks
- Accelerate time to revenue
- Improve customer experiences
- Innovate and deliver new sources of value to customers
Click here to download a complimentary excerpt
copy of the report.
IDC, IDC MarketScape: Worldwide Multi-Enterprise Supply Chain
Commerce Network 2018 Vendor Assessment, (Doc# US44514117),
December 19, 2018.
About IDC MarketScape
IDC MarketScape vendor analysis
model is designed to provide an overview of the competitive fitness
of ICT (information and communications technology) suppliers in a
given market. The research methodology utilizes a rigorous scoring
methodology based on both qualitative and quantitative criteria
that results in a single graphical illustration of each vendor's
position within a given market. IDC MarketScape provides a clear
framework in which the product and service offerings, capabilities
and strategies, and current and future market success factors of IT
and telecommunications vendors can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective vendors.
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.
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 © 2018 Open Text. All rights reserved. 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 or other respective
owners.
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SOURCE Open Text Corporation