Open Text Drives Collaborative Commerce Within the Global Construction Industry
Leaders in $3.9 trillion industry choose Livelink to meet requirements of major construction projects, mobile workers and enterprise collaboration
Chicago, IL - 2000-12-14 - Open Text Corporation (Nasdaq: OTEX, TSE: OTC), a worldwide leader of collaborative commerce software for e-business, today announced the widely increasing adoption of its Livelink® applications with companies such as Causeway Technologies Inc., Primavera Systems Inc., e-Build.ca Inc. and Holderbank.
These construction companies have chosen Livelink collaborative commerce applications to automate and accelerate project delivery, share best practices and coordinate a large network of participants from many different organizations via a PC or wireless device.
Open Text serves the construction industry in two distinct ways. The first is through traditional software licensing where organizations implement a Livelink-based collaborative commerce application to facilitate collaboration and workflow processes across an enterprise. Examples include:
Holderbank Livelink is the underpinning for HolderSpace , an enterprise-wide intranet designed to support the virtual collaboration of international project teams, optimizing technical reporting and promoting the worldwide exchange of successful practices.
The Miller Group Livelink serves as the company s enterprise-wide information portal, streamlining workflow, improving employee collaboration, and enhancing project performance.
The second method of delivering Livelink is through the ASP model. Because Livelink is entirely Web-based, its open architecture makes it the ideal platform for aggregating fragmented business communities on a project-by-project basis. With Livelink as a core collaborative platform, organizations can share project information, business critical data, and coordinate schedules throughout a construction industry supply chain. The following industry leaders utilize Livelink as the foundation for collaborative supply chain management (SCM) solutions:
Causeway Technologies Inc. Livelink powers the Project Centre of buildingwork.com, an e-construction portal delivering integrated online project life-cycle and SCM solutions tailored to the specific needs of the construction industry.
Primavera Systems Inc. Livelink forms the collaborative core of PrimeContract, Primavera s online project collaboration, commerce and control portal for the architecture, engineering and construction (AEC) industries.
e-Build.ca Inc. b2bScene, a division of Open Text, uses its Livelink-based e-Business Community Platform to host eBuild.ca s collaboration services for the construction industry, enabling users to create instant project teams, leverage categorized content services, and integrate with backend systems.
"These relationships forged by Open Text validate the importance that vertical ASPs place on creating value added collaborative applications that support complex projects across their diverse and fragmented user communities," said Ian Campbell of Nucleus Research.
The construction industry is an excellent example of how Livelink s collaborative technology can deliver enormous cost savings and efficiencies, said Andrew Pery, Vice President of Global Marketing, Open Text. Characterized by a need for information management technologies and a project-oriented business model, Livelink provides the optimal solution to the industry s intensive people-to-people and people-to-information requirements, even in a mobile environment.
According to Forrester Research, b2b and e-commerce is expected to grow to $2.7 trillion by 2004 from $405 billion in 2000 within the global construction industry.
About Livelink
Livelink is a highly scaleable e-business application. Its richly- featured enterprise services include virtual team collaboration, business process automation, enterprise group scheduling and information retrieval services, all tightly integrated into a solution that is easily customized and extended. Livelink is essential to the effective management and development of communities of interest that span organizations and industries. For everything from the creation of complex e-community relationships to the automation of simple e-business processes, Livelink delivers true dynamic collaboration between individuals, organizations, and large trading communities. Livelink servers are fully Web-based and open-architected to ensure rapid deployment and easy access to its full functionality through a standard Web browser.
About Open Text
Open Text provides collaborative commerce solutions for e-business that enable users to extend and build CRM, SCM and ERP applications and allow them to work together within and across organizations. Open Text has pioneered the development of innovative intranet, extranet and e-business applications. Since creating one of the first search engines to index the World Wide Web, the Company has remained at the forefront of Internet-based technologies. Its solution family called Livelink enables individuals, teams, organizations, and global trading communities to collaborate on e-business applications that facilitate e-commerce and other transactions among Global 2000 organizations. For more information, visit www.opentext.com.
Trademark
Copyright (C) 2000 by Open Text Corporation. Livelink and Open Text are trademarks or registered trademarks of Open Text Corporation. This list is not exhaustive. Other product and company names herein may be trademarks of their respective owners.
Release Disclaimer
This news release may contain forward-looking statements relating to the deployment of Livelink by customers, and future performance of Open Text Corporation. Forward-looking statements are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include, among others, risks involved in the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the final prospectus for the Company's initial public offering of common stock in January 1996, Form 10-K for the years ended June 30, 1998, June 30, 1999, and June 30, 2000, and Form 10-Q for the quarter ended September 30, 2000. Forward-looking statements are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change.