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Open Text Receives Highest Available Rating in Leading Analyst Firm's Records Management Report

  • 29 September, 2009 15:25

<p>Sydney, 29 September 2009 - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Content Management (ECM), today announced that it has received the highest rating possible, a "Strong Positive," in leading analyst firm Gartner's 2009 "MarketScope* for Records Management," published on Sept. 10, 2009 and authored by Kenneth Chin.</p>
<p>According to Gartner's report, "Demand for records management solutions continues to grow, as the technology is imperative if an organisation is to effectively implement an enterprise-wide records management program." According to Gartner, by 2013, 50 percent of all Global 2000 companies will implement enterprise-wide records management solutions.</p>
<p>The report also noted, "As emerging consumer and social software tools like wikis, blogs and Twitter are adopted at an enterprise level, this additional content may also need to be managed as records."</p>
<p>"Records management remains a critical priority for our customers because the demands of regulatory and legal compliance are continuing to grow in most markets around the world," said Lubor Ptacek, Vice President of Product Marketing at Open Text. "Our focus has been to give customers the power to define consistent records management rules for content across a range of enterprise systems. That's ultimately what they need to implement a consistent records and compliance strategy for the entire organisation."</p>
<p>Open Text's records management solution provides full lifecycle management of information, helping customers to automatically or manually file records according to key policy, regulatory and legal requirements. Open Text offers records management integrated with archiving, metadata management, search and storage management capabilities in its Enterprise Library, a foundation of the Open Text ECM Suite and its services-oriented architecture. Open Text's solutions provide records and content lifecycle management across multiple systems and applications, including SAP, Oracle, Microsoft SharePoint, email, file systems, digital assets, and more.</p>
<p>Open Text's records management solutions are compliant with key global standards for records management software, including the U.S. Department of Defense 5015.2-STD, the United Kingdom's TNA regulations and Australia's Victorian Electronic Records Strategy or VERS standard.</p>
<p>For more information on Open Text's records management solutions, go to: www.opentext.com/2/sol-products/sol-pro-records-management.htm</p>
<p>To access the full report visit: tinyurl.com/yd3l96b</p>
<p>About Open Text
Open Text, an enterprise software company and leader in enterprise content management, helps organisations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 50 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts to help organisations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit www.opentext.com</p>
<p>Copyright © 2009 by Open Text Corporation. OPEN TEXT and the OPEN TEXT ECM SUITE are trademarks or registered trademarks of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.</p>
<p>*The MarketScope is copyrighted 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.</p>

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