Open Text Releases Next Generation Web Solutions
Open Text Web Content Management Meets the Most Demanding Strategic Enterprise 2.0 Initiatives
Chicago, IL - 2008-10-29 - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), a global leader in enterprise content management (ECM), today unveiled a major new release of its Web Solutions that give enterprises powerful new capabilities to rapidly deploy intranets, extranets and Enterprise 2.0 solutions and meet the expanded demands of new digital strategies. The new release delivers a complete set of Web 2.0 tools tightly integrated to give customers far greater security and control over social media than possible with a set of point solutions.
In today s information-driven economy, organizations need to be able to move swiftly to take advantage of opportunities and they need to see rapid return on investment from Web applications. Open Text Web Solutions, with its legendary RedDot technology, lets customers manage globally accessible public Web sites in concert with internal Web initiatives from a single comprehensive solution. It ensures a dynamic and engaging user experience by integrating, managing and optimizing content. It furthermore provides seamless access to information across a variety of existing applications and repositories, including SAP, Microsoft SharePoint, as well as all Open Text content repositories, databases, file systems, and Web 2.0 applications. Content can be managed, translated and distributed across dozens of countries and sites globally.
The need for a comprehensive, easy-to-use, fast-to-deploy Web solutions platform is greater than ever as enterprises depend more and more on the Web to drive marketing, customer and partner communications, and employee collaboration, said Daniel Kraft, Senior Vice President of Corporate Strategy at Open Text. By proving the entire range of requirements in one Web Solutions suite, we are giving enterprises what they need to take full advantage of everything the Web has to offer, and do it with fewer resources both at implementation and over the long term.
Making Web 2.0 Safe
While many Web 2.0 and social media tools such as blogs, wikis or RSS have moved into the enterprise, most deployments have been smaller scale at the departmental or workgroup level. There are several factors at work behind this limited embrace, including newness of the technology, the need to work with numerous different vendors, and risk of exposing confidential corporate information inappropriately.
Open Text Web Solutions provides the foundation for strategic, larger-scale deployment of Web 2.0 solutions. It offers a fully integrated set of capabilities, eliminating the need for point solutions while offering complete Web 2.0 functionality.
As employees experience social sites like Facebook or Wikipedia, they expect a similar experience in the workplace. They want personal, relevant information and open sharing with peers. However, many enterprises are reluctant to make strategic moves to 2.0 technologies due to legal, privacy and compliance concerns. In an industry first, the Open Text Web Solutions can intelligently monitor content posted to internal and external wikis and blogs and automatically notify moderators and site managers of content to adhere to industry and company policies.
"For many enterprises, Web 2.0 has remained locked in the experimental phase as IT and line of business managers try to figure out how to use these emerging tools effectively," said Larry Cannell, an analyst with Burton Group. "As more integrated suites with greater safeguards arrive on the market, we will start to see enterprises more willing to use Web 2.0 technologies."
Open Text Web Solutions: Tools for Success
Open Text Web Solutions, whether for the Web, intranets or extranets, includes a set of services designed to ensure immediate, lasting success. These core capabilities include:
- Experience Services From custom portals to role-based applications, deliver content to any target, channel, device or audience with context and personalization at its heart
- Interactive Services Building and managing massive Web sites can be a daunting task. Open Text Web Solutions leverage tools to create, manage, localize and design a Web experience with superior ease of use and to deploy safe Web 2.0 applications for social interaction with security rights and compliance.
- Optimization Services Continuous improvement is vital to the success of Web initiatives. Customers can gain insights from analytics dashboards and search engine optimization to offer streamlined processes to publish content from anywhere to anywhere.
- Library Services - Basic content services for document collaboration let enterprises leverage existing libraries and repositories, including Microsoft SharePoint and SAP.
Open Text will host its Content World 2008 conference in Orlando, Florida, November 18-20. The event will bring together leading ECM experts from across the industry to network with peers, discuss the latest developments and trends in ECM and Enterprise 2.0. Open Text is planning a series of sessions on Web content management. For more information, go to: www.opentext.com/contentworld/2008/.
About Open Text
Open Text, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 46,000 customers and millions of users in 114 countries. Working with our customers and partners, we bring together leading Content Experts to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit www.opentext.com.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This news release may contain forward-looking statements relating to the success of any of the Company s strategic initiatives, the Company s growth and profitability prospects, the benefits of the Company s products to be realized by customers, the Company s position in the market and future opportunities therein, the deployment of Livelink and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, 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, demand for the Company's products and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K for the year ended June 30, 2008. You should not place undue reliance upon any such forward-looking statements, which 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.
Copyright © 2008 by Open Text Corporation. LIVELINK ECM and OPEN TEXT are trademarks or registered trademarks of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.
For more information, please contact
Richard Maganini
Open Text Corporation
+1-847-267-9330 ext.4266
rmaganin@opentext.com
Stephanie Dodge Fazio
Open Text Corporation
519-888-7111, x2429
sdodge@opentext.com
Brian Edwards
McKenzie Worldwide
+1-503-577-4583
briane@mckenzieworldwide.com
