Welcome to our dedicated page for Open Text news (Ticker: OTEX), a resource for investors and traders seeking the latest updates and insights on Open Text stock.
OpenText Corp (OTEX) specializes in enterprise information management solutions that integrate cloud technologies, AI, and cybersecurity innovations. This news hub provides investors and professionals with essential updates about the company's strategic initiatives and market position.
Access official press releases, earnings reports, and analysis of OpenText's developments in cloud platforms, data security enhancements, and strategic partnerships. Our curated collection helps stakeholders track regulatory compliance updates, product launches, and technology integrations critical to the EIM sector.
Discover updates across key operational areas including Content Cloud advancements, cybersecurity protocol updates, and business network expansions. The resource is regularly updated to reflect OpenText's role in enabling digital transformation through intelligent information management solutions.
Bookmark this page for streamlined access to verified OpenText announcements and industry analysis. Monitor how the company addresses evolving challenges in data governance, DevSecOps implementations, and global IT infrastructure demands.
OpenText (OTEX) announced its participation in the world's largest information management conference, OpenText World, scheduled for November 16-18, 2021. Keynote speakers include CEO Mark J. Barrenechea, Dr. Neil deGrasse Tyson, and Arianna Huffington. The event will feature over 70 sessions focused on cloud innovations, cybersecurity, and data management strategies. Registration is now open, with a customizable program available both live and on-demand for attendees. The conference aims to equip organizations with tools to navigate digital transformations effectively.
OpenText (NASDAQ: OTEX) has been named a Leader in the 2021 Gartner Magic Quadrant for Content Services Platforms for the seventeenth consecutive year. This recognition highlights the company’s ability to connect critical systems and applications, facilitating a seamless experience for a distributed workforce. The OpenText Content Cloud offers comprehensive tools for content management, e-signature, and archiving, enhancing productivity and reducing risks. Recent client feedback underscores significant efficiency improvements in document management.
OpenText (NASDAQ: OTEX) has enhanced its Carbonite Server® with new features aimed at improving data protection against ransomware. Key updates include hourly backups, which enable administrators to set frequent backup schedules, and early warning alerts to detect potential ransomware threats. These enhancements aim to minimize downtime and bolster recovery capabilities. Executives emphasize that these new tools help organizations avoid ransom payments and recover quickly from data losses, underscoring the growing importance of robust cybersecurity measures amid rising ransomware attacks.
OpenText™ (NASDAQ: OTEX, TSX: OTEX) announced the launch of Cloud Editions (CE) 21.4, enhancing its Content Cloud with deeper integrations into business applications such as Salesforce and Microsoft 365. The update emphasizes improved collaboration, AI-driven information extraction, and advanced risk management capabilities. New tools include enhanced eSignature solutions and eDiscovery features, aiming to facilitate remote work. With these advancements, OpenText aims to empower employees by integrating content services into everyday applications, driving productivity and compliance.
OpenText has been recognized as a Leader in the IDC MarketScape: Worldwide Multi-Enterprise Supply Chain Commerce Network (MESCCN) 2021 Vendor Assessment for the second consecutive time. The report highlights OpenText's extensive capabilities in managing global supply chains, backed by its community of over 1 million connected companies processing 26 billion transactions annually. The strategic partnership with SAP and a robust integration platform solidify OpenText's position, emphasizing the importance of cloud-based solutions for modern supply chain challenges.
OpenText (NASDAQ: OTEX) announced the launch of two new Managed Detection and Response (MDR) offerings targeting small and medium-sized businesses (SMBs) and managed service providers (MSPs). The Webroot MDR powered by Blackpoint Cyber and OpenText MDR Service provide comprehensive security solutions tailored to meet varying compliance and IT needs. These services leverage advanced threat intelligence from the BrightCloud platform, ensuring continuous monitoring and rapid threat response. The new offerings are available in North America, with expansion planned for other regions.
OpenText (NASDAQ: OTEX) announced its participation in Google Cloud Next '21, highlighting new cloud technologies designed for enhanced customer personalization at scale. The latest offerings from the OpenText Experience Cloud enable omni-channel personalization by integrating customer data across various platforms, leveraging tools like the OpenText Experience CDP and Google Marketing Platform. The collaboration aims to meet evolving customer expectations with seamless data integration and enhanced user experiences. Details include cloud deployments and joint innovation initiatives.
Open Text Corporation (NASDAQ: OTEX) will release its financial results for the first quarter of fiscal year 2022 on November 4, 2021 at 4:00 p.m. ET. A teleconference featuring CEO Mark Barrenechea and CFO Madhu Ranganathan will follow at 5:00 p.m. ET. Investors can join the call using either toll-free or international numbers provided. A replay will be accessible from 7:00 p.m. ET on the same day until November 18, 2021. For additional details, visit OpenText's investor page.
OpenText (NASDAQ: OTEX) has partnered with WeFi Technology Group to enhance transaction processing through the Email2EDI solution. This innovation allows WeFi's 'IZZI' platform to automate document exchanges, facilitating the swift conversion of email documents into structured EDI data. This collaboration aims to improve efficiency, reduce errors, and strengthen data security, reinforcing WeFi's supply chain finance solutions. The Email2EDI system can process tens of thousands of transactions per second, aligning with WeFi's growth objectives.
