Open Text is #7 in Top 12 ECM software
Last updated: October 24, 2019
OpenText products help organizations put content to work. Whether your goal is to drive revenue, improve productivity, reduce costs or ensure regulatory compliance and sound information governance, OpenText has the product to execute.
Positions in ratings
#7 in Top 12 ECM software
The best alternatives to Open Text are: Documentum, SharePoint, Box, Liferay Portal
Latest news about Open Text
2017. OpenText acquired forensic security vendor Guidance Software
Content management company OpenText acquired Guidance Software, a forensic security and eDiscovery vendor for $240 million. OpenText has never been afraid to open its wallet to fill in a hole (or even buy something with overlapping functionality). As a case in point, just about a year ago, it bought Documentum, alternative enterprise content management firm, from EMC for $1.62 billion. This acquisition gives the company some overlapping functionality too, but Cheryl McKinnon, an analyst with Forrester Research who monitors the content management industry, says it also gives the company forensics tools, which are new to them.
2016. OpenText acquires Documentum for $1.62 billion
OpenText is acquiring Dell EMC's enterprise content division, including Documentum for $1.62 billion. Under the terms of agreement, the software, associated services and employees of ECD will be integrated into OpenText. The deal comes less than a week after EMC officially became part of Dell. EMC’s content management business did not fit into that mix. EMC acquired Documentum in 2003 for $1.7 billion. Documentum was always an odd fit for EMC and it was no secret that EMC has been trying for the last few years to find a buyer for Documentum. The acquisition further strengthens OpenText as a leader in Enterprise Information Management, and OpenText is now taking on IBM (FileNet) head to head.
2016. OpenText acquired Recommind
Just a week after OpenText announced that it was selling off $600 million worth of senior debt notes to fund future acquisitions, the company dropped $163 million to acquire Recommind, an e-discovery and information analytics provider. Recommind provides a Software-as-a-Service (SaaS) platform and managed services solutions that include Axcelerate for e-discovery review and analysis, Perceptiv for contract analytics and Decisiv for enterprise-wide information access. OpenText officials said the e-discovery capabilities will complement their enterprise information management (EIM) solutions. Recommind will also expand OpenText's expertise in cloud and analytics.
2014. OpenText buys Big Data analytics provider Actuate for $330 Million
OpenText, the world leader in Enterprise Content Management, acquired Business Intelligence provider Actuate, which is one of the leader in Enterprise Business Intelligence. Actuate, often called “the BIRT company,” (BIRT stands for “Business Intelligence Reporting Tools” and is an Eclipse Foundation Open Source Project). Actuate supports BIRT – the open source IDE – and develops BIRT iHub – its deployment platform – to significantly improve productivity of developers working on customer-facing applications. Actuate's BIRT Analytics delivers self-service predictive analytics to enhance customer engagement using Big Data. Actuate for CCM empowers ECM architects to easily transform, process, personalize and archive high-volume content.
2012. Open Text and Liferay create Dropbox clones
Could you imagine couple of years ago that such serious enterprise vendors like Open Text and Liferay, that develop such a serious enterprise content management systems (ECM) will copy such a simple consumer service as Dropbox? Nevertheless, it happens. Because even in large corporations (that use ECM) employees are ordinary people. And they also don't want to work for the system, but want the system to help them work. And they also use Dropbox, even if IT administrators prohibit it. There is only one way out - to create the same (simple) service and protect it with firewall. This is the very idea behind the new services: Open Text Tempo and Liferay Sync. They allow to sync files between desktop folder, web account, tablet and smartphone, quickly share files with co-workers, and they work on corporate servers. That's simple.
2009. Open Text launches social interface
Open Text has released the new module for its ECM platform - Open Text Social Workplace, that will help organizations to implement social tools. The company believes that the traditional tools are no more relevant for collaboration in the intranet. Users want more convenient social tools, and will use them even without the IT compliance. At the same time, companies deploying the social tools should consider the security issues that may appear. The new Open Text social interface offers a wide range of collaboration tools - communities, profiles, blogs, wiki, personal home pages, mobile access (iPhone and BlackBerry). And all this with compliance management, that is used for managing enterprise e-mail.
2009. Open Text buys Vignette for $310 million
Canadian ECM vendor Open Text announced the acquisition of Vignette - the developer of solutions for enterprise portals and web content management (WCM). The deal amount is $310 million. The industry experts note that the functionality of Open Text WCM and Vignette is very similar. Nevertheless, the Vignette WCM software is of "somewhat higher level" and may be offered to larger customers. Recall that the existing Open Text WCM (now called Open Text Web Solutions) is based on RedDot CMS, the solution that was acquired together with Hummingbird in 2006.
2008. Open Text bets on Enterprise 2.0
In its new version of the ECM system, which Open Text claims to be Enterprise 2.0 solution, the company offers the advanced features for collaboration and new social tools such as forums, blogs, tags. "To achieve maximum results, users need the Enterprise 2.0 tools for Content Management" - says Bill Forquer, Executive Vice President of Marketing at Open Text. "Many organizations use E-mail not as a part of ECM strategy. Their e-mail archives become uncontrolled. When implementing Enterprise 2.0 tools as a part of ECM, this will not happen. "The new version allows for example, to quickly create virtual workspaces that include web 2.0 tools such as forum and wiki. The company also announced the release of Livelink ECM Extended Collaboration, which is designed to simplify the introduction of Web 2.0 tools and applications for content management in the Enterprise.
1995. Open Text and Netscape provide Web-intranet
Canadian company Open Text that provides search tools for Internet and corporate networks and Netscape unveiled the Web-intranet solutions. The solution is be based on Open Text Latitude lntranet System that allows you to create and administer internal sites and search on internal and external sites. Open Text provides a desktop client software to access these sites, but the company expects wider adoption of standard Web browsers in the Enterprise, which reduce the overall cost of intranet systems. That's why they partnered with Netscape, which develops Web-browser Netscape Navigator and Web-servers Netscape Commerce Server and Netscape Communications Server. In addition to information search and data access, the web-intranet solution can be used for internal communications and collaboration. The server part of the solutions (Latitude Web Server) will cost $12000.
1995. Open Text acquires LiveLink
Canadian company Open Text, that developes search technologies and intranet solutions for information search and publishing has acquired the U.S. based Odesta, the developer of workflow system LiveLink. Both companies have been already partnering for a long time on a joint solution Latitude LiveLink, which allows to manage documents, business processes and collaboratively work via the Internet and intranet. Latitude LiveLink functionality includes document storage with access control and version control, workflow-engine for workflow management, forums for communication and collaboration and full-text search. In addition, the solution provides a platform for developers, based on C, which allows to customize the interface and business processes to meet the individual business needs.