Cloud Editions 22.1 digitizes business processes to modernize
operations and drive value creation for growth
WATERLOO, ON, March 2, 2022 /PRNewswire/ -- Today,
OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced Cloud Editions 22.1
(CE 22.1) featuring new and enhanced innovations that enable
organizations to leverage information for digital business
transformations. As part of OpenText's ongoing commitment to better
customer, partner, and employee experiences, CE 22.1 enables
resiliency through information management in the cloud at
scale.
"Every organization is thinking about new customer and employee
experiences to meet the dynamic needs of modern work," said
Mark J. Barrenechea, OpenText CEO
& CTO. "Cloud Editions 22.1 delivers powerful new tools and
capabilities to help businesses digitize their most essential
business networks and ensure growth is inclusive and
sustainable."
OpenText continues to lead the charge regarding business
transformation tools and solutions. OpenText Cloud Editions
supports over 3,000 private cloud customers, 11 million public
cloud subscribers and more than 1 million trading partners to fuel
growth and deliver next level cloud experiences for enterprises and
SMBs.
Supply Chain Resiliency for the Future
According to the recent Technology Vision 2021 report by
Accenture, nearly all (93%) executives expect 50% or more of their
business to be in the cloud over the next three years. The shift
and movement is a search for agility and speed to meet the
ever-changing dynamics of global trade.
Partners, suppliers, customers and other external communities
require access to critical enterprise information, but manual
onboarding and administration processes can create security risks.
The complexity drives poor user experiences that require a
refreshed approach to partner and supply chain strategies. To drive
better collaboration, millions of supplier users across the globe
use OpenText Supplier Portal to securely connect to more than 800
applications across customer enterprises, ranging from Microsoft
Azure to custom document management systems. Now, with CE 22.1,
we're introducing the new OpenText Supplier Portal product,
delivering a single connection environment within the OpenText™
Business Network Cloud that provides seamless, easy and secure
access to information from product design to purchasing to
distribution.
"Nestlé has leveraged the OpenText Business Network for almost a
decade to help optimize our supply chain operations from an IT
standpoint," said Ravi Arunasalam,
Director, Senior Partner Productivity & Delivery, Business
Solution Integration, Nestlé. "We look forward to evaluating how
OpenText Cloud Editions deliver the agility and flexibility to
create competitive advantage, drive better business outcomes and
seamlessly connect at the speed of business transformation."
Connecting and Collaborating to Create Value
Organizations that deliver simple and secure real-time
engagement with employees, partners and customers can improve
collaboration and thrive in distributed environments. With CE 22.1,
OpenText Core Content now combines with Core
Signature to provide seamless e-signature and data capture
capabilities, helping organizations confidently complete essential
everyday processes and approvals. Extended ECM Business
Workspaces now integrates content with Microsoft Teams, putting an
end to data silos, while Core Share mobile allows
remote workers to access and collaborate on documents stored in
Microsoft 365. This allows users to save changes in real-time to
maintain document integrity and version control across editors and
contributors. When content is subject to eDiscovery, OpenText
Insight now adds best passage highlighting, making it the
only technology-assisted review (TAR) solution that automatically
identifies the most relevant content within a document to help
users save time and easily pinpoint the information they are
looking for.
The innovations in CE 22.1 will help customers to optimize
supply chains and partner relationships, improve productivity,
increase security and reduce risk, and deliver personalized
customer experiences at scale.
For more information about all CE 22.1 innovations please read
our blog. Links to additional blogs about developments for each
Cloud Edition are below:
- Business Network Cloud
- Content Cloud
- Experience Cloud
- Security & Protection Cloud
- Developer Cloud
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. 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.
OTEX-G
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SOURCE Open Text Corporation