Next-generation cloud, security, AI-integrated
innovations unveiled at OpenText World 2024
WATERLOO, ON, Nov. 19,
2024 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX:
OTEX) today unveiled Cloud Editions (CE) 24.4 at OpenText World
2024, presenting a suite of transformative advancements in Business
Cloud, AI, and Technology to empower the future of AI-driven
knowledge work. This release delivers secure, AI-integrated
solutions that strengthen data connectivity, streamlines workflows,
and enhances human potential—addressing the needs of
forward-thinking CIOs and business leaders navigating multi-cloud
environments.
As multi-cloud strategies become standard practice, enterprises
are now leveraging them to enhance flexibility, reduce vendor
lock-in, and improve resilience. Seamless data flow across an
organization's cloud ecosystem is essential for data accessibility,
informed decision-making, and operational continuity. OpenText
Cloud Editions 24.4 provides the ideal foundation, supporting
secure and efficient data movement across platforms while
maintaining compliance and mitigating risk in complex multi-cloud
setups.
"OpenText Cloud Editions 24.4 is purpose-built to empower
today's knowledge-driven workforce by blending AI with secure,
seamless data connectivity," said Muhi Majzoub, EVP and Chief
Product Officer at OpenText. "As AI becomes a key collaborator
within organizations, this release gives CIOs and business leaders
the capabilities they need to scale operations sustainably, drive
competitive advantage, and achieve future-ready outcomes. With
integrated AI solutions across our portfolio, we are equipping
forward-thinking organizations with the tools to streamline
workflows, optimize data use, and unlock new value across their
multi-cloud environments."
"As one of leading grain processors in Baltic's and largest pasta producer in
Northern Europe, Dobeles
Dzirnavnieks was experiencing a period of exciting, rapid growth
following multiple acquisitions, expanding both our geographic
reach and product portfolio - unlocking valuable opportunities
across Europe and beyond," said
Juris Mosans, Digitalization leader at Dobeles Dzirnavnieks. "With
this growth comes the need to streamline outdated processes, aiming
for more standardized and efficient workflows. OpenText, with their
expertise in information management, cloud, and AI, was the natural
choice. Previously, we relied on labor-intensive, paper-based
processes to handle thousands of invoices, supplier, and internal
documents. Thanks to OpenText, we now have a centralized, secure
platform that allows employees to quickly access the information
they need in seconds. We've also reduced our paper consumption by
80%. This partnership marks the beginning of our digital
transformation, and OpenText's innovative solutions will be key in
further streamlining our operations and driving future growth."
With the completion of its Titanium X roadmap, OpenText is
continuing to spearhead the digital transformation journey
unlocking new opportunities through its suite of solutions for
Business Cloud, Business AI, and Business Technology. This vision
advocates the next wave of growth and innovation, as businesses
fully embrace the power of AI to reshape the future of work.
The CE 24.4 release introduces significant new offerings,
including:
Business Cloud: Knowledge, combined with robust security,
becomes a powerful competitive advantage for organizations
navigating modern work environments and business ecosystems.
OpenText Business Cloud solutions empower everyone—from engineers
to IT teams—with integrated, secure technology that drives
significant simplification and efficiency.
- OpenText™ Experience Cloud now better empowers organizations to
reimagine conversations and customer interactions with advanced
capabilities in communications and messaging, customer data and
journeys, and secure fax solutions. For example:
- OpenText™ Communications (Exstream™), our leading customer
communications management platform, now includes improved migration
tools and design accelerators to simplify cloud transitions and
upgraded job management for high-volume communications.
- OpenText™ Core Messaging part of an end-to-end cloud-based
platform for personalized communications now supports RCS (rich
communication services), including email, WhatsApp, SMS, web,
mobile, or print.
- OpenText™ Customer Data and OpenText™ Core Journey better
offers expanded unified customer data management capabilities,
including preference management with real-time, enabling seamless
personalization for more tailored, impactful customer
experiences.
- OpenText™ Core Fax and OpenText™ Fax (RightFax) delivered in
the private cloud enables organizations to transition from
on-premises fax servers to a secure, cloud-based subscription model
with no IT disruption. The solution supports the integration with
multifunction printers, electronic medical records (EMRs), and
platforms like Webex and Microsoft Teams, making it ideal for
industries such as healthcare, financial services, legal, and
government, which handle sensitive data frequently.
- OpenText™ Core Cloud Network Observability, a new addition to
the OpenText™ ITOM Observability suite of solutions, joins
OpenText™ Infrastructure Observability and OpenText™ Core
Application Observability to give developers the essential tools
for detecting and addressing cloud performance issues whether
infra, app, or network. This enhanced observability across
infrastructure, networks, and applications optimizes cloud
environments, driving business growth.
Business AI: Today, data governance, compliance, and
authentication are essential. OpenText Business AI solutions
leverage generative AI to help businesses maximize the value of
their intellectual property. By enabling AI-driven assistants
across large private data sets, the right people have access to the
right information seamlessly.
- OpenText™ Content Aviator with OpenText™ Information Archive
(OpenText™ InfoArchive) empowers IT data managers to retrieve
insights from legacy and archived content through an intelligent,
LLM (large language model) chat interface. With natural language
queries, users can access, summarize, and reference archived
content quickly, boosting productivity while adhering to stringent
organizational security protocols to protect sensitive data.
- OpenText™ DevOps Aviator automates the conversion of video
recordings into manual tests and defect reproduction sequences,
using AI and LLMs, eliminating the need for coding. This innovation
allows developers and testers to generate manual tests from hours
of video footage in minutes, accelerating project timelines. The
AI-assisted chat also enables rapid creation of actionable user
stories, using OpenText™ Software Delivery Platform (OpenText™
ValueEdge), streamlining workflows and reducing the risk of
errors.
- OpenText™ Intelligence Aviator encourages a data-driven culture
by providing enterprise users with LLM-powered capabilities to
access, analyze, and visualize business intelligence data through
natural language conversations, making decision-making more
intuitive and user-friendly.
Business Technology: As workloads increasingly shift to
the cloud, connected data is both a prerequisite and an imperative.
OpenText Business Technology solutions are designed to deliver
enterprise-grade data platforms that can be deployed in any
environment—private cloud, public cloud, or through APIs—ensuring
flexibility and scalability for our customers.
- OpenText™ Information Intelligence – Thrust API brings together
the power of OpenText™ Intelligent Classification and OpenText™
Knowledge Discovery (IDOL) into a single intelligent solution to
help independent software vendors better manage, control and
prevent the sharing of confidential information inside and outside
an organization. A critical asset for industries such as
healthcare, government and financial services that must align with
strict personal identifiable information rules and compliance
regulations.
Availability
As a part of the quarterly OpenText Cloud Editions releases,
customers benefit from new AI capabilities every 90-days. For more
information on availability or to join a beta program for future
innovations, contact OpenText.
Additional Resources:
- Watch the OpenText World 2024 keynote here.
- For further insights into the latest release, please visit our
Chief Product Officer's blog post.
- Learn more about OpenText's AI strategy.
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 obligation 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