STOCK TITAN

OpenText World 2020 Opens with a Focus on The Future of Business

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

OpenText (NASDAQ: OTEX) kicked off OpenText World 2020, the largest information management conference, emphasizing digital transformation amid ongoing economic and technological shifts. CEO Mark Barrenechea unveiled Cloud Editions 20.4, featuring new SaaS applications and enhancements, aimed at evolving business operations. Keynote speakers include Al Gore and Dr. Poppy Crum, focusing on the intersection of technology and human interaction. The event, running for four days, allows attendees to engage in digital labs and product sessions.

Positive
  • Launch of Cloud Editions 20.4 with major enhancements including new SaaS applications.
  • Interactive digital labs and sessions provide opportunities for attendee engagement and feedback.
  • Keynote speakers, including influential figures like Al Gore, emphasize technology's role in transformation.
Negative
  • None.

Mark J. Barrenechea, Dr. Poppy Crum, Muhi Majzoub and former US Vice President Al Gore headline the world's largest information management conference

WATERLOO, ON, Oct. 26, 2020 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today kicked off the world's largest Information Management conference, which will run for the next four days in an engaging digital format. OpenText World 2020 brings together experts from industry, the public sector and academia to rethink the nature of digital transformation and the information challenges facing business and society.

"The world has changed. And it will continue to evolve rapidly as we navigate massive shifts in the economy, society, the environment, and technology," said OpenText CEO & CTO Mark J. Barrenechea. "As our customers accelerate their digital transformations, OpenText is excited to launch Cloud Editions 20.4, helping our customers and partners rethink their approach to digital, work from home, direct to consumer, supply chains and security."

During OpenText World, attendees will have opportunities to experience and influence the future of OpenText solutions through interactive digital labs, access sessions and training with experts around the globe, and join keynote sessions from frontline technology leaders working to solve our most difficult global challenges.

Keynote speakers on day one include Mr. Barrenechea, who will address how businesses can rethink traditional strategies and embrace new ways to work, as well as renowned Neuroscientist and Technologist, Dr. Poppy Crum, who will share insights on bridging the gap between rapidly evolving technology and more effective human interaction in a post-pandemic world.

On October 27th, OpenText Executive Vice President and Chief Product Officer, Muhi S. Majzoub, will introduce new OpenText products, features, and services that help organizations' respond to today's challenges. He will be followed that afternoon by Nobel Laureate and former US Vice President, Al Gore, who will speak to how technology shapes our world and opportunities for positive change.

Rethink the Future of Work with OpenText Cloud

OpenText today released Cloud Edition 20.4, delivering major enhancements and totally new features across the OpenText suite of products. These include new SaaS applications and cloud services, feature enhancements based on customer feedback, connectors to leading business applications, and deeper integrations with major partners. For more details on CE 20.4 please see the press release or check out this or check out the OpenText release page.

OpenText also announced the launch of the OpenText Developer Cloud on Monday.

Deep Partnerships and Compelling Industry-Relevant Content

OpenText World is made possible with the support of the world's leading technology and systems integration companies. We thank all of our sponsors, and especially our 2020 Innovator Sponsors Microsoft and SAP.

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 
Twitter | LinkedIn

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 OpenText. All rights reserved. OpenText is a trademark or registered trademark of OpenText. 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 OpenText or other respective owners.

OTEX-G

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/opentext-world-2020-opens-with-a-focus-on-the-future-of-business-301159245.html

SOURCE Open Text Corporation

FAQ

What is OpenText World 2020?

OpenText World 2020 is the largest information management conference focusing on digital transformation.

What new features were introduced in Cloud Editions 20.4 by OpenText?

Cloud Editions 20.4 includes new SaaS applications, feature enhancements, and deeper integrations with major partners.

Who are the keynote speakers at OpenText World 2020?

Keynote speakers include Mark Barrenechea, Al Gore, and Dr. Poppy Crum.

What is the significance of OpenText World 2020 for investors?

The conference highlights OpenText's commitment to innovation and digital solutions, which could impact its market position.

How long will OpenText World 2020 run?

OpenText World 2020 runs for four days.

Open Text Corp

NASDAQ:OTEX

OTEX Rankings

OTEX Latest News

OTEX Stock Data

7.63B
265.88M
2.1%
78.25%
1.7%
Software - Application
Services-computer Integrated Systems Design
Link
United States of America
ONTARIO CANADA