From the Wires
Leading Organizations in India Increasingly Adopt OpenText's Cloud Services and Solutions to Help Accelerate Growth and Revenue
By: PR Newswire
Nov. 5, 2012 10:00 PM
- 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, Ontario, Nov. 6, 2012 /PRNewswire/ -- 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.
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.
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