Innovations demonstrate the company's
commitment to advancing its opentext.ai vision through Cloud
Editions 24.1 release
WATERLOO, ON, Jan. 23,
2024 /CNW/ -- Today, OpenText™ (NASDAQ: OTEX), (TSX:
OTEX), the information company, announced the release of its Cloud
Editions 24.1, and with it, its latest OpenText Aviator
innovations. OpenText Aviator™ powers multiple AI use cases by
enabling secure information management and governance across
knowledge bases without customers having to move their data. The
new enhancements and integrations available in Cloud Editions 24.1
demonstrate the evolution of the strategic approach to how work can
be reimagined with the application of AI to business workflows,
opentext.ai.
The imperative to adopt AI now spans every industry and business
sector, and it only continues to gain traction. By next year,
Gartner predicts that 30% of major organizations will lean on
AI-generated personalized content - an exponential leap from just
2% in 2022. Similarly, Gartner also forecasts that by 2026,
specialized generative AI systems will automate 20% of routine
tasks across diverse industries. This acceleration highlights AI's
prominent role in revolutionizing operations across all business
sectors, and OpenText stands ready to support this transformative
journey.
"The latest Cloud Editions launch isn't just about enhancing our
offerings or providing a solution. It's about enabling a paradigm
shift in how businesses operate, how industries evolve, and how we
collectively engage with technology in this era of rapid
transformation," said Mark J.
Barrenechea, CEO & CTO, OpenText. "Leveraging AI for
impactful results depends on reliable data – without it, even the
most skilled data scientists will struggle. By expanding the
Aviator portfolio in conjunction with our world class information
management platform, Cloud Editions 24.1 empowers customers with
the tools and insights needed to get ahead."
Now, being made available in Cloud Editions 24.1, OpenText has
added the following enhancements to its Aviator portfolio:
- OpenText Content Aviator™ now is available on
OpenText Extended ECM™, integrating conversational search,
summarization, and translation within content
management. Recognizing that information retrieval can be both
time-consuming and tedious for employees, this update enables
customers to leverage generative AI technology to help accelerate
content discovery, improving employee efficiency and
productivity.
- OpenText IT Operations Aviator™ on SMAX efficiently
resolves common IT service requests, thus minimizing the need for
support staff and reducing tier-one business costs. Learn more
about the early adopter program here.
- OpenText Thrust Studio™ is now open through an
early access program. These new tools enable developers to design,
build, and deploy applications utilizing OpenText Thrust APIs more
seamlessly with enhanced workflows, permissions, and decision
models. With CE 24.1, OpenText also introduces enhancements to its
Thrust for Partner Program. The latest enhancements provide
partners with new features in OpenText Thrust Studio including a
more robust set of free APIs and additional support to help create
industry-specific solutions. OpenText partners interested in
joining the early access program can sign up here.
"In recent years, we have witnessed how AI can profoundly change
the world. Today, it is more evident than ever before that AI is
the guiding compass that is steering businesses toward better
efficiency, profitability, and intelligence," said David Milette, Cofounder and Chief Technology
Evangelist at SQALogic Technologies Inc. "However, we are seeing in
our industry that amidst AI's incredible power lies a conundrum:
testing an evolving AI technology requires fundamental changes in
the way we approach Quality Assurance as practitioners. Harnessing
AI's tremendous potential demands a shift in responsibility and
perspective; OpenText makes this simple. With its Aviator
capabilities, our customers can seamlessly transform challenges
into opportunities by gaining essential insights needed to identify
and address potential issues, refine strategies, and ensure timely
and successful deliveries."
From the first introduction of opentext.ai and OpenText Aviator
in August 2023, the company quickly
demonstrated its commitment to advancing its AI vision with the
launch of its first set of Aviator capabilities to address multiple
use cases across the enterprise:
OpenText Aviator for Business
- OpenText IT Operations Aviator™ is a
cutting-edge generative AI virtual agent for OpenText Service
Management Automation X (SMAX).
- OpenText DevOps Aviator™ enables organizations to
deliver software at unparalleled velocity with the help of
generative AI capabilities.
- OpenText Content Aviator™ optimizes
information retrieval in the workplace, making it more efficient
and productive. The interactive chat interface and natural language
queries enhances user productivity and streamlines content
discovery.
- OpenText Experience Aviator™ integrates Customer
Communications Management (CCM) software with generative AI
capabilities enabling marketing, communications and customer
service support teams to produce well-formed and relevant material
faster than ever, boosting development productivity.
- OpenText Cybersecurity Aviator™ provides an
innovative threat detection approach that combines machine learning
models that automatically and continuously learn with rapid
deployment, allowing new threat detection models to be in place
within hours.
- OpenText Business Network Aviator™ brings
generative AI and large language models (LLMs) into the OpenText
Business Network, placing the entire supply chain information flow
into a single platform.
OpenText Aviator for Technologists
- OpenText Aviator Platform offers a suite of tools
and connectors to administer enterprise-grade data warehouses, data
lakes, analytics of structure and unstructured data, and
visualization for intelligent decision-making.
- OpenText Aviator Search introduces a new advanced
capability to go from clicks to conversations with search that
spans all data types across multiple repositories to build any
custom solution, portal, or experience for an
enterprise.
- OpenText Aviator IOT brings forward a collection of
tools to better connect and protect millions of IoT endpoints to
get real-time insights and visibility into assets location,
condition, utilization, performance and health.
- OpenText Thrust is a set of robust cloud API
services and developer tools built over the last three years that
can power secure information flows, fuel custom AI solutions, and
fast-track new AI-embedded applications.
- OpenText Aviator Lab is a partnership for
experimentation with professional AI experts to help customers
accelerate AI development through rapid prototyping, AI reference
architectures in a secure sandbox environment.
Additional Resources:
- For further insights into the latest release, please visit our
Chief Product Officer's blog post.
- Discover the other innovations available in prior Cloud
Editions releases by reading our blog posts.
- Learn more about OpenText's AI strategy at
opentext.ai.
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
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. Readers are cautioned not to place undue
reliance upon any such forward-looking statements, which speak only
as of the date made. 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. Further,
readers should note that we may announce information using our
website, press releases, securities law filings, public conference
calls, webcasts and the social media channels identified on the
Investors section of our website (https://investors.opentext.com).
Such social media channels may include the Company's or our CEO's
blog, Twitter account or LinkedIn account. The information posted
through such channels may be material. Accordingly, readers should
monitor such channels in addition to our other forms of
communication.
Copyright © 2024 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.
OTEX-G
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SOURCE Open Text Corporation