OpenText Named a Leader in 2020 Gartner Magic Quadrant for Content Services Platforms

Rhea-AI Summary

OpenText has been recognized as a Leader in the 2020 Gartner Magic Quadrant for Content Services Platforms for the seventeenth consecutive year. This accolade highlights OpenText's commitment to delivering comprehensive cloud-based solutions that enhance digital business processes. According to CEO Mark Barrenechea, the need for cloud-based content services is more critical than ever as organizations adapt to remote work. This recognition reflects OpenText's ability to integrate AI and automation, ensuring that enterprises can effectively manage information and improve productivity.

Positive

• Seventeenth consecutive year as a Leader in Gartner Magic Quadrant.
• Introduction of deeper integration with major applications like SAP, Microsoft, and Salesforce.
• Focus on enhancing productivity and digitalization through advanced AI and ML solutions.

Negative

• None.

Seventeenth consecutive year OpenText has been named a Leader in this Gartner Magic Quadrant

WATERLOO, Ontario, Dec. 10, 2020 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), a global leader in Information Management, today announced it has been named a Leader in the Gartner 2020 Magic Quadrant for Content Services Platforms. This is the seventeenth consecutive year that OpenText has been named a Leader in this Magic Quadrant.

"2020 has made it clear, that those companies who own their digital capacities will emerge stronger and more competitive, and Content Services is at the heart of digitalization," said Mark J. Barrenechea, OpenText CEO & CTO. "Digital business processes have moved outside the office.  More than ever, organizations need cloud-based content services that integrate seamlessly into all processes, platforms and applications.  OpenText Content Services is the most complete and comprehensive offering in the market.  OpenText helps ensure that organizations across every industry can leverage digitalization, automation and AI to improve employee productivity, transform document-centric processes and apply information security and governance – both on and off cloud."

OpenText™ Content Services offers a roster of end-to-end solutions, from capture to content management to archiving. OpenText Content Services platforms and applications are central to the information management strategies of leading global enterprises and government agencies, connecting information from across the organization with the people and processes that need it. Our latest release expands on this commitment through cloud-based solutions that bring even deeper integration with applications like SAP®, Microsoft® and Salesforce, offer more deployment options, and advance the use of AI and ML to automate tasks and improve productivity.

According to Gartner, "Integrated, intelligent content services, repository federation and cloud readiness are now driving differentiation and disruption in a long-established market. Application leaders responsible for digital workplace applications should use this report to select the right CSP for their content services strategy." *

"Over half of our employees are working remotely. We needed to ensure our workforce could work safely and securely from home while maintaining compliance and audit protocols," said Denis Beauchemin, CIO at Pharmascience. "OpenText Content Services ensures our employees have access to critical information while we prepare to support mass production of medications which may alter the fight against Covid-19."

Access the reports
Click here to download a complimentary copy of the Gartner Magic Quadrant report.

*Gartner, Magic Quadrant for Content Services Platforms, Michael Woodbridge, Marko Sillanpaa, Lane Severson, 16 November 2020. This report was previously titled the Magic Quadrant for Enterprise Content Management.

Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, on-premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.

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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 © 2020 Open Text. All rights reserved. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text or other respective owners.

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SOURCE Open Text Corporation

FAQ

What recognition did OpenText receive in December 2020?

OpenText was named a Leader in the Gartner 2020 Magic Quadrant for Content Services Platforms.

How many consecutive years has OpenText been recognized as a Leader in the Gartner Magic Quadrant?

OpenText has been recognized as a Leader for seventeen consecutive years.

What are the key features of OpenText's Content Services?

OpenText's Content Services include cloud-based solutions, integration with applications like SAP and Salesforce, and advanced AI and ML for improved productivity.