Open Text Named in Leaders Quadrant in Enterprise Content Management Report by Leading Analyst Firm.ORLANDO, Fla. -- LiveLinkUp Orlando 2005 - Company's Second Leaders Quadrant Placement This Year; Also in Leaders Quadrant for Integrated Document Archive and Retrieval Systems Open Text(TM) Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). )(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :OTEX OTEX Open Text Corporation (stock symbol) OTEX Orientation Technico-Economique de l’Exploitation ), the leading independent provider of Enterprise Content Management (ECM (1) (Enterprise Change Management) See version control and configuration management. (2) (Error Correcting Mode) A Group 3 fax capability that can test for errors within a row of pixels and request retransmission. ) software, today announced that analyst firm Gartner, Inc. (NYSE NYSE See: New York Stock Exchange :IT) has positioned Open Text in the Leaders quadrant of its Magic Quadrant The Gartner Magic Quadrant is a proprietary research tool developed by Gartner Inc., a US based research and advisory firm. It is designed to provide an unbiased qualitative analysis of a “markets’ direction, maturity, and participants. (a) for Enterprise Content Management, 2005, published last week. Open Text announced the news at its LiveLinkUp Orlando 2005 user conference, underway this week in Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. . Co-authored by James Lundy, et al., Gartner's ECM research emphasized the architecture, integration and completeness of each vendor's solution suite. Gartner looked at six core ECM components: document management, Web content management, records management, document capture and document imaging, document centric collaboration, and workflow. The study also factored in emerging capabilities, such as e-mail management, e-forms, digital asset management and content archiving. Gartner's well-known Magic Quadrants are graphical representations of the firm's view of vendor performance in a market segment, based on the vendor's vision and ability to execute. Of Leaders in the ECM Magic Quadrant, Gartner said, "Leaders have the highest combined scores for their ability to execute and completeness of vision. They're doing well and are prepared for the future with a clearly articulated vision. In the context of content management, they have strong channel partners, a presence in multiple regions, consistent financial performance, broad platform support and good customer support. In addition, they dominate in one or more technology or vertical markets. Leaders can deliver a comprehensive ECM suite by having all six core components and proven enterprise scalability. Greater emphasis was given this year to suite integration (for example, a common user interface, common code base and single repository); demonstrated enterprise deployments; integration with other business applications and content repositories; and a vertical process/solutions focus. As a result, there are six leaders in this year's Magic Quadrant." For the full report, go to www.gartner.com. "We believe being included in the ECM Leaders Quadrant confirms the course we have taken as a leader in ECM," said John Shackleton John Shackleton (? - 14 or 16 March 1767, London) was a British painter and draughtsman who produced history paintings and portraits. His parents and origins are unknown. Output , President and Chief Executive Officer of Open Text. "We've built a broad ECM suite. We are now focused on delivering complete solutions that help customers address their most difficult challenges, whether it's compliance management, business processes or cost reduction." Open Text was also positioned in the Leaders Quadrant of Gartner's Magic Quadrant(a) for Integrated Document Archive and Retrieval Systems (IDARS IDARS Integrated Document Archive and Retrieval System ), 2005, published in March. The IDARS Magic Quadrant analysis looked at the market for software used to manage documents for high-volume processes, such as invoicing, ordering or claims processing. These systems allow companies to convert large volumes of paper into electronic documents via print-stream ingestion ingestion /in·ges·tion/ (-chun) the taking of food, drugs, etc., into the body by mouth. in·ges·tion n. 1. The act of taking food and drink into the body by the mouth. 2. , processing them through highly structured workflows and managing them in a central document archive. Open Text's Livelink ECM suite lets organizations manage content from initial creation to final archive. Solutions include records management, document lifecycle and production document management, e-mail management, content archiving and storage, compliance solutions for corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. , business process management, Web content management, search, collaboration and knowledge management, digital asset management and integration with leading ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. solutions from companies such as SAP. For more information on LiveLinkUp Orlando, go to: http://livelinkup-orlando.opentext.com/ (a)The Magic Quadrant is copyrighted 2004 and 2005 by Gartner, Inc. and is reused with permission, which permission should not be deemed to be an endorsement of any company or product depicted in the quadrant. The Magic Quadrant is Gartner, Inc.'s opinion and is an analytical representation of a marketplace at and for a specific time period. It measures vendors against Gartner defined criteria for a marketplace. The positioning of vendors within a Magic Quadrant is based on the complex interplay of many factors. Gartner does not advise enterprises to select only those firms in the "Leaders" quadrant. In some situations, firms in the Visionary, Challenger, or Niche Player quadrants may be the right matches for an enterprise's requirements. Well-informed vendor selection decisions should rely on more than a Magic Quadrant. Gartner research is intended to be one of many information sources including other published information and direct analyst interaction. Gartner, Inc. expressly disclaims all warranties, express or implied, of fitness of this research for a particular purpose. About Open Text Open Text(TM) is the leading independent provider of Enterprise Content Management (ECM) solutions that bring together people, processes and information in global organizations. Today, the company supports 20 million seats across 13,000 deployments in 114 countries and 12 languages worldwide. For more information on Open Text, go to: www.opentext.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 This news release may contain forward-looking statements relating to the success of any of the Company's strategic initiatives, the Company's growth and profitability prospects, the benefits of the Company's products to be realized by customers, the Company's position in the market and future opportunities therein, the deployment of Livelink and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers, demand for the Company's products and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended June 30, 2005. You should not place undue reliance upon any such forward-looking statements, which are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change. Copyright (C) 2005 by Open Text Corporation. LIVELINK and OPEN TEXT are trademarks or registered trademarks of Open Text Corporation in the United States of America UNITED STATES OF AMERICA. The name of this country. The United States, now thirty-one in number, are Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Hampshire, , Canada, the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community 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. Open Text Corporation (TSX:OTC) (NASDAQ:OTEX) |
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