Open Text Named in Leaders Quadrant in Enterprise Content Management Report by Leading Analyst Firm.
Company's Second Leaders Quadrant Placement This Year;
Also in Leaders Quadrant for Integrated Document Archive and Retrieval Systems
Open Text(TM) Corporation (TSX:OTC)(NASDAQ:OTEX), the leading independent provider of Enterprise Content Management (ECM) software, today announced that analyst firm Gartner, Inc. (NYSE:IT) has positioned Open Text in the Leaders quadrant of its Magic Quadrant(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.
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, 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), 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, 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, business process management, Web content management, search, collaboration and knowledge management, digital asset management and integration with leading ERP 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 Statement Under the Private Securities Litigation Reform Act 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 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, 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.
Open Text Corporation (TSX:OTC) (NASDAQ:OTEX)
|Printer friendly Cite/link Email Feedback|
|Comment:||Open Text Named in Leaders Quadrant in Enterprise Content Management Report by Leading Analyst Firm.|
|Date:||Nov 16, 2005|
|Previous Article:||Woodhead Industries, Inc., Declares Dividend.|
|Next Article:||Mountain Province Diamonds Inc. Appoints New President and CEO.|