OpenText brings decades of expertise to help you unlock data, connect people and processes, and fuel AI with trust
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Free up resources, optimize performance and rapidly address issues
Run anywhere and scale globally in the public cloud of your choice
See information in new ways
AI that understands your business, your data, and your goals
Say hello to faster decisions. Your secure personal AI assistant is ready to get to work
Gain better insights with generative AI for supply chains
Power work with AI content management and an intelligent AI content assistant
Improve your security posture with AI cybersecurity and agile threat detection
Enable faster app delivery, development, and automated software testing
Elevate customer communications and experiences for customer success
Empower users, service agents, and IT staff to find the answers they need
See information in new ways
AI that understands your business, your data, and your goals
Say hello to faster decisions. Your secure personal AI assistant is ready to get to work
Gain better insights with generative AI for supply chains
Power work with AI content management and an intelligent AI content assistant
Improve your security posture with AI cybersecurity and agile threat detection
Enable faster app delivery, development, and automated software testing
Elevate customer communications and experiences for customer success
Empower users, service agents, and IT staff to find the answers they need
Predict, act, and win with real-time analytics on a smarter data platform
Give users access to the answers they need, faster and easier, with multi-repository AI-based search that lets you contextualize everything from clicks to conversations
Connect once, reach anything with a secure B2B integration platform
Reimagine knowledge with AI-ready content management solutions
Supercharge intelligent workspaces with AI to modernize work
Integrated cybersecurity solutions for enterprise protection
Purpose built data protection and security solutions
Reinvent threat hunting to improve security posture with the power of agile AI
Ship better software—faster—with AI-driven DevOps automation, testing, and quality
Reimagine conversations with unforgettable customer experiences
Get the clarity needed to cut the cost and complexity of IT operations
Redefine Tier 1 business support functions with self-service capabilities from private generative AI
Build custom applications using proven OpenText Information Management technology
Build it your way with OpenText Cloud APIs that create the real-time information flows that enable custom applications and workflows
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Get greater visibility and sharper insights from AI-driven information management. Ready to see how?
Break free from silos, streamline processes, and improve customer experiences with secure information management for AI
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Run processes faster and with less risk
Achieve digital transformation with guidance from certified experts
Modernize your information management with certified experts
Unlock the full potential of your information management solution
Turn support into your strategic advantage
Extend IT teams with certified OpenText application experts
Discover training options to help users of all skill levels effectively adopt and use OpenText products
Modernize your information management with certified experts
Unlock the full potential of your information management solution
Turn support into your strategic advantage
Extend IT teams with certified OpenText application experts
Discover training options to help users of all skill levels effectively adopt and use OpenText products
Information is the heartbeat of every organization. We build information management software so you can build the future
OpenText partners with leading cloud infrastructure providers to offer the flexibility to run OpenText solutions anywhere
OpenText partners with top enterprise app providers to unlock unstructured content for better business insights
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OpenText™ HCMX FinOps Express delivers $5M in savings, optimizing OpenText’s cloud spend from $14M to $9M on an annualized basis
OpenText's IT Operations business unit faced an uphill battle in managing and optimizing their cloud expenditure. Imagine a bustling team of engineers dedicated to their tasks but grappling with a significant challenge: a lack of detailed actionable insights into their cloud spending. This financial visibility gap made navigating cost-saving strategies akin to wandering a maze without a map. Their cloud expenses soared to an annualized $14M, a glaring red flag signaling the need for change.
The challenges were manifold. Engineers toiled away without a clear view of their cloud spending, hindering their ability to make informed decisions. Simultaneously, gleaming in the background were underutilized AWS savings plans representing multiple opportunities for cost efficiency left unexplored. The culture represented another hurdle and needed to be transformed. A lack of emphasis on cost reduction efforts and cloud spend optimization created a cultural inertia, stifling proactive expense management and it was difficult to break free from the patterns hindering their path to financial efficiency.
HCMX FinOps Express transformed our approach with unexpected yet exceptional visualizations. These profound insights are invaluable for cloud rate optimization and scenario planning. Evaluating scenarios from one screen streamlines our optimization process, allowing us to prioritize more effectively.
To optimize cloud costs in multi-cloud environments, OpenText implemented OpenText™ HCMX FinOps Express to achieve cloud spending visibility and budget management.
Foster a culture of financial responsibility, improve decision-making with intelligent insights, and deliver centralized control to tame cloud bills
At its core, HCMX FinOps tackles the complexities to meet the demands of FinOps practices. It fortified the FinOps team with the capabilities they required for effective management, optimization, and governance of their multi-cloud resources.
Key among the features and functionalities of HCMX for FinOps was its ability to provide the team with comprehensive visibility into spending across different clouds. Users tracked, analyzed, and optimized costs, leveraging detailed breakdowns and usage analytics to identify and capitalize on all the untapped cost-saving opportunities.
The new platform facilitated the implementation of governance policies and automation mechanisms, aligning with FinOps best practices. This ensured compliance, optimized resource allocation, curtailed unnecessary spending, and aided users in aligning cloud resources with actual workload demands, which also significantly contributed to overall cost reduction.
Budget management capabilities that include forecasting allowed the team to anticipate future spending trends and enabled effective budget management. This proactive approach to cost management has empowered decision-makers and assisted in comprehensive planning for the future.
The platform's compatibility and integration with all the various cloud service providers and hybrid cloud environments ensured seamless compatibility across all the infrastructures and provided real-time insights, enabling data-driven decisions and comprehensive reporting for decision-makers.
HCMX FinOps facilitated seamless user onboarding and provided a unified view across multiple cloud providers. Leveraging its insights, we achieved a substantial 35% reduction in spend while empowering users with newfound awareness and optimization opportunities within their cloud usage.
OpenText achieved significant cost reduction and improvements to user satisfaction by shifting their cloud expenditure strategy based on improved FinOps visibility and insights.
The achieved 35%+ reduction in cloud spending didn't just represent a number on a balance sheet; it became the emblem of a transformative shift towards greater financial efficiency, demonstrating the tangible impact of actionable insights seamlessly integrated into their cloud management strategy.
Additionally, the exemplary engagement sparked by personalized recommendations wasn't just a statistic. It was a testament to the tool's resonance among users, highlighting not only their willingness to embrace innovation but also their recognition of the practical value these features brought to their daily operations.
OpenText's adoption of HCMX FinOps Express marked a pivotal shift in their cloud expenditure strategy. Overcoming challenges of limited visibility, unutilized savings plans, and cultural inertia, the project validated the tangible benefits of a FinOps program backed by a purpose-built tool.