OpenText Receives 2022 SAP® Pinnacle Award in the Partner Solution Success Category

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OpenText (NASDAQ: OTEX) has been awarded the 2022 SAP Pinnacle Award in the Partner Solution Success category, highlighting its excellence as an SAP partner. Recognized for its commitment to customer value creation, OpenText has earned this award for the 17th time in 14 years, demonstrating its dedication to innovation and strong partnerships. The award acknowledges the company's efforts in enhancing operational efficiencies through SAP solutions. CEO Mark J. Barrenechea stated that this recognition affirms their focus on delivering cloud-based innovations to aid organizations in their digital transformation.

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• Received the 2022 SAP Pinnacle Award in the Partner Solution Success category.
• Seventeenth award won in 14 years, showcasing long-term excellence in partnership.
• Recognition for contributions in enhancing customer operational efficiencies.

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• None.

Award highlights OpenText's deep commitment to partnership and driving innovation and solutions that enhance the customer experience

WATERLOO, ON, May 10, 2022 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX), today announced that it received a 2022 SAP^® Pinnacle Award in the Partner Solution Success category, recognizing its outstanding contributions as an SAP partner. SAP presents these awards annually to the top partners that have excelled in developing and growing their partnership with SAP and helping customers run better. Winners and finalists in 22 categories were chosen based on recommendations from SAP, customer feedback, and performance indicators.

"With the SAP Pinnacle Awards, we recognize top-performing partners who have excelled in helping customers become best-run businesses," said Christian Klein, CEO of SAP SE. "The winning partners have been chosen based on their commitment to customer value creation, exponential growth, and simplification. Together, we support our customers on their journey to becoming intelligent, sustainable enterprises."

"OpenText and SAP are centered on cloud-based innovations helping the world's largest organizations transform into digital businesses, elevating everyone through information," said Mark J. Barrenechea, OpenText CEO and CTO. "It's an honor to again receive the SAP Pinnacle Award for Partner Solution Success, and the OpenText and SAP Clouds are the platforms for the future, creating compelling customer experiences."

This award in the Partner Solution Success category recognizes strong partnership in delivering solutions that address important customer needs and challenges. SAP Solution Extensions by OpenText help customers improve their operational efficiencies, extending the value of RISE with SAP and SAP^® SuccessFactors^® solutions. This is OpenText's 17^th Pinnacle Award in 14 years, demonstrating the organization's dedication to partnership, customer experience, and excellence. 

SAP Pinnacle Awards shine a spotlight on distinguished partners to acknowledge their dedication to teamwork, exceptional innovation, and capacity to help customers achieve their goals.

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. 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 obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Copyright © 2022 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

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SOURCE Open Text Corporation

FAQ

What is the significance of the 2022 SAP Pinnacle Award for OpenText (OTEX)?

The award recognizes OpenText's outstanding contributions as an SAP partner and highlights its commitment to customer value creation.

How many SAP Pinnacle Awards has OpenText won?

OpenText has won the SAP Pinnacle Award 17 times in the past 14 years.

What category did OpenText win at the 2022 SAP Pinnacle Awards?

OpenText won the award in the Partner Solution Success category.

What does the SAP Pinnacle Award recognize?

The award recognizes top-performing partners for their teamwork, innovation, and ability to help customers achieve their goals.