Grow Faster with OpenText Cloud Edition 21.1

Rhea-AI Summary

OpenText (NASDAQ: OTEX) has announced the release of Cloud Edition (CE) 21.1, enhancing its portfolio with new API services and cloud functionalities. This update aims to support customers in their digital transformation, offering tailored industry solutions and managed services. Key improvements include integrations with Microsoft Azure Information Protection and Salesforce Financial Services Cloud. The release emphasizes flexibility by enabling deployment across major public clouds and enhancing productivity through AI-driven analytics and improved security measures.

Positive

• Launch of Cloud Edition (CE) 21.1 with extensive new features.
• Integration with Microsoft Azure and Salesforce enhances service offerings.
• Improvements in user productivity, process stability, and regulatory compliance.

Negative

• None.

OpenText launches new API services, cloud capabilities, and major enhancements across the OpenText portfolio

WATERLOO, ON, March 11, 2021 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the release of Cloud Edition (CE) 21.1, delivering a tailored combination of industry solutions, API services, flexible delivery models, and expert managed services to help customers support modern work, engage customers, connect businesses to global commerce, and stay ahead of the competition. CE 21.1 delivers solutions OpenText customers' need to grow their businesses.  

"Modern organizations know the importance of digitization and automation," said Mark J. Barrenechea, OpenText CEO & CTO. "With Cloud Editions, customers can accelerate their digital transformation regardless of Cloud choice or point of departure. And with continuous innovation provided quarterly, OpenText helps our customers have the modern architecture and platform they need to execute their journey to become even more intelligent, connected, and secure."

CE 21.1 is the most expansive OpenText release to date, providing updates across the five OpenText Clouds.

Providing more choice and flexibility

The OpenText Cloud provides flexible deployment options with managed service expertise and run-anywhere software. Through partnerships with the major public cloud providers, OpenText helps remove barriers to digital transformation and facilitate the smooth the flow of information across organizations.

"We are digitizing all of our business workflows with OpenText Extended ECM in combination with OpenText Core Share," said Inge Opreel, CIO, Farys. "Through the use of OpenText Core Signature we can now digitally manage the signatures for the over 50,000 customers per year that need to sign documents when moving in and out of their properties."

The OpenText Content Cloud empowers modern work by improving user productivity, process stability, and providing solutions to assist with regulatory compliance. Key updates in CE 21.1 include:

• Extended ECM for Microsoft Office 365 now integrates with the Microsoft Azure Information Protection (AIP). Users can now maintain encryption and access levels for content, while also enabling key capabilities such as text searching with increased security.
• OpenText Intelligent Viewing – a cloud-first, universal file viewer enabling quick, secure access to any file type with markup, annotation, redaction and transformation capabilities.
• OpenText Extended ECM now supports Salesforce Financial Services Cloud to complete the customer 360-degree view with information management services.
• Next-generation early case assessment and investigations technology with OpenText Axcelerate Investigation. Now available OnDemand in the AWS cloud, Axcelerate Investigation provides rapid insights to inform case strategy and decisions.

The OpenText Experience Cloud provides a single platform to create engaging customer experiences at scale. Key updates in CE 21.1 include:

• New Qfiniti integration with Twilio Flex delivers advanced call analytics and management for modern cloud contact centers.
• Updates to Media Management, including AI-driven search updates, quick preview capabilities and tools supporting faster content distribution.
• SAP HANA & SAP NetWeaver connectors for Fax2Mail allow faxing from SAP for uninterrupted workflows.
• New RESTful APIs in OpenText Notifications facilitate SMS app integration.

The OpenText Business Network Cloud connects business to global commerce through a unified platform that provides streamlined connectivity, secure collaboration and real-time business intelligence . Key updates in CE 21.1 include:

• An overlying asset tracking application within the OpenText Industrial Internet of Things (IIoT) Platform delivers a single dashboard for real-time inventory of goods, materials, or pieces of equipment. The application can be combined with OpenText AI and Analytics for improved predictive maintenance and asset utilization.
• API connectors for Trading Grid support companies migrating to SAP S/4HANA.
• Expanded ethical and sustainability governance (ESG) information gathering capability.

The OpenText Security & Protection Cloud strengthens cyber resilience by helping organizations protect intellectual property, customer records and sensitive financial information. Key updates in CE 21.1 include:

• The release of BrightCloud® Cloud Service Intelligence, enabling Cloud Access Security Brokers (CASB) and other security and technology vendors to enforce data-centric security policies and prevent unwanted interactions with cloud services and associated applications.
• New anomaly detection rules engine within OpenText™ EnCase Endpoint Security to help SOCs (Security Operations Centers) detect and remediate potential SolarWinds Orion SUNBURST compromises. OpenText will continue to update detection filters in EnCase Endpoint Security as new malware variants or indicators of compromise (IOCs) are released to help customers respond to this evolving threat.

The OpenText Developer Cloud enables developers to build applications and solution extensions quickly and cost effectively using service-based capabilities in the cloud. Key updates in CE 21.1 include:

• A high-performance key management solution and enhanced security with an additional encryption key layer.
• Full encryption and decryption capabilities for CSS blobs.
• The integration of OpenText Webroot's threat intelligence directly into the developer cloud platform, to help validate that applications can more securely manipulate and manage information.

Underpinning each of the clouds are OpenText solutions for AI and Automation. OpenText Magellan provides pre-built components that can be individually deployed, and the OpenText AppWorks platform enables business and technical users to rapidly build applications that improve efficiency, optimize employee skills, and provide insights. Major enhancements in CE 21.1 include:

• A new Magellan Integration Center that allows content and data to be replicated and synchronized between on-premises applications and the OpenText Cloud.
• Improvements to AppWorks cloud security to help enable compliance with stringent security capabilities such as FedRAMP.

OpenText provides cloud expertise at every stage of the cloud journey, including services and support to help organizations migrate, manage, and secure Information Management applications.

For more information on OpenText CE 21.1, visit https://www.opentext.com/products-and-solutions/latest-opentext-releases or check out the latest blog from OpenText Chief Product Officer Muhi Majzoub.

About OpenText

OpenText, The Information Company™, powers business transformation through market leading information management solutions, on-premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit www.opentext.com.

Connect with us:

OpenText CEO Mark Barrenechea's blog
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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 © 2021 Open Text. All Rights Reserved. Trademarks owned by Open Text.  One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.

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SOURCE Open Text Corporation

FAQ

What are the main features of OpenText's Cloud Edition 21.1?

OpenText's Cloud Edition 21.1 includes new API services, integrations with Microsoft Azure and Salesforce, and enhancements for user productivity and security.

How does OpenText CE 21.1 support digital transformation?

CE 21.1 helps organizations accelerate digital transformation with tailored industry solutions and flexible deployment options across major public clouds.

When was Cloud Edition 21.1 launched?

Cloud Edition 21.1 was launched on March 11, 2021.

What company is behind the stock symbol OTEX?

OpenText Corporation is the company associated with the stock symbol OTEX.

What new integrations were announced in OpenText CE 21.1?

New integrations include Microsoft Azure Information Protection and Salesforce Financial Services Cloud.