Open Text Positioned as a Leader in Web Content Management
Waterloo, ON - 2009-08-27 - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Content Management (ECM), announced today that it has been positioned in the Leaders quadrant of the Gartner 2009 Magic Quadrant for Web Content Management,* based on an evaluation of the company s ability to execute and its completeness of vision.
The Gartner report helps CIOs and business and IT leaders understand the Web content management (WCM) market and how it rates the leading vendors and their packaged products. To view the report, visit websolutions.opentext.com/gartner2009magicquadrant.htm
According to the report, "Leaders can, and should, drive market transformation. They are doing well and are prepared for the future with a clearly articulated vision. In the context of content management, they have strong channel partners, a presence in multiple regions, consistent financial performance, broad platform support and good customer support. In addition, they dominate in one or more technologies or vertical markets. Leaders are 'environmentally aware' of the solution 'ecosystem' into which their own offerings need to fit. Leaders can: demonstrate enterprise deployments; offer integration with other business applications and content repositories; incorporate Web 2.0 and XML capabilities; and provide a vertical-process or horizontal-solution focus."
Open Text recognizes the importance of WCM as part of the value chain within the business. WCM has grown substantially in the past year as companies turn to Web properties to enhance the brand experience, embrace the social or collaborative contribution or monetize online initiatives. As a result, there is an increased need for intuitive user interfaces that help Web site owners and contributors easily manage, update and distribute content across multiple channels. Gartner notes, "It is now the norm that the interface for internal contributors must be easy to use. More and more capabilities are becoming easier to access and use, including a vast array of modular functionalities that can be turned on or off as required."
Open Text Web Solutions, an important component of the Open Text ECM Suite, provides a flexible and easy-to-implement product that powers Web sites, intranets and extranets. Open Text released Web Solutions 10 in July, which furthers the company's commitment to the evolution of intuitive, flexible and individualized work environments for WCM.
Open Text recently broadened its ECM Suite with the acquisition of Vignette, an established provider of Web content management solutions that was also included in the Gartner Magic Quadrant. The acquired solutions add a powerful Web business foundation designed for the world's most recognizable and demanding Web initiatives. With a continued focus on customer support and ongoing investment for both Vignette and Open Text WCM solutions, the company is introducing capabilities and products to its ECM Suite that can accommodate the ever-evolving and varied needs of a broad range of organizations and industries.
Open Text will unveil a comprehensive product roadmap at its annual user conference Content World in October. For more information or to register, visit www.opentext.com/contentworld/2009.
* Gartner, Inc. "Magic Quadrant for Web Content Management" by M. MacComascaigh, T. Bell, M. R. Gilbert, August 5, 2009
About the Magic Quadrant
The Magic Quadrant is copyrighted\2009 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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 50 million 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 Harbour 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 Open Text ECM Suite 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 © 2009 by Open Text Corporation. OPEN TEXT, the OPEN TEXT ECM SUITE and VIGNETTE PORTAL 8.0 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
+1-847-961-0662
rmaganin@opentext.com
Melanie Brenneman
Open Text Corporation
+1 512 741 4871
mbrennem@opentext.com
Stephanie Fazio
Open Text Corporation
519-888-7111 ext.2429
sfazio@opentext.com