Leading Organizations in India Increasingly Adopt OpenText's Cloud Services
and Solutions to Help Accelerate Growth and Revenue
Hundreds of customers are using OpenText's cloud-based enterprise information
management software to optimize relationships with critical stakeholders,
including partners, suppliers and customers
WATERLOO, ON, Nov. 5, 2012 /CNW/ - OpenText™ (NASDAQ: OTEX, TSX: OTC),
leading provider of Enterprise Information Management (EIM) solutions, today
announced that India's top organizations are increasingly adopting OpenText's
Enterprise-class cloud services and applications as their one-stop shopping
solution for securely managing, exchanging and socializing information assets
and optimizing the business processes they fuel.
"We are partnering with a growing number of organizations in India that are
deploying OpenText's cloud services to help manage and accelerate the value of
their information," said Mark J. Barrenechea, President and CEO of OpenText.
"Demand for cloud-based EIM solutions is being driven by the need for global
organizations to effectively manage their growing volumes and types of
enterprise information in order to gain competitive advantage, generate new
market opportunities and channels and drive revenue. Today, OpenText's cloud
services are empowering some of India's most successful companies to compete
more effectively by ensuring that their environment can scale to keep pace
with their information growth and compliance mandates."
More than 300 customers in India are currently using OpenText's EIM solutions
on-premises or in the cloud to unleash the power of their enterprise
information for competitive advantage, including Mumbai International Airport
Ltd., eBay, Kotak Mahindra Old Mutual Life Insurance, Infosys BPO Ltd., Kotak
Mahindra Bank Ltd., Kotak Mahindra Asset Management Co. Ltd., Serco Global
Services Ltd., and Future Capital Holding Ltd. To support its rapidly growing
customer base in India, the company recently announced the expansion of its
Hyderabad office and the opening of a new commercial hub in Mumbai.
Delivering superior scalability, performance, and reliability, OpenText Cloud
reflects the company's unparalleled expertise in and commitment to developing
EIM solutions focused on helping customers secure and manage their information
while adhering to stringent compliance, security and data sovereignty
requirements. In addition to the economic and application deployment benefits
customers have come to expect from the cloud, OpenText Cloud provides a
worldwide infrastructure for a wide range of EIM services and cloud-based
applications, including content management, customer experience management,
business process management, information exchange, and discovery. OpenText
Cloud offers a complete solution with all application and infrastructure
layers including the data centers, networking, hardware, operating system,
applications, and application infrastructure.
Follow OpenText on Twitter @opentext and on Facebook at
OpenText provides Enterprise Information Management software that enables
companies of all sizes and industries to manage, secure and leverage their
unstructured business information, either in their data center or in the
cloud. Over 50,000 companies already use OpenText solutions to unleash the
power of their information. To learn more about OpenText (NASDAQ: OTEX; TSX:
OTC), please visit: www.opentext.com.
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 obligations to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
Copyright © 2012 by Open Text Corporation. OPENTEXT, OpenText EIM, OpenText
Cloud are trademarks or registered trademarks of Open Text Corporation in the
United States of America, Canada, the European Union and/or other countries.
The 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.
Wendy Werve OpenText +1 703-622-3605 firstname.lastname@example.org
Adrian Eyre Ogilvy Public Relations for OpenText +1 415-677-2708
SOURCE: Open Text Corporation
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CO: Open Text Corporation
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-0- Nov/06/2012 03:00 GMT
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