OpenText Accelerates Cloud Investments with Venture Titanium

Announcement particulars the way forward for built-in Info Administration within the Cloud

WATERLOO, ON, June 21, 2022 /PRNewswire/ — Right now at OpenText World EMEA, OpenText™ (NASDAQ: OTEX), (TSX: OTEX) unveiled Venture Titanium, the way forward for info administration within the cloud and the subsequent step within the firm’s cloud journey. Venture Titanium solidifies the group’s strategic place as a worldwide chief in info administration, giving clients the simplicity, flexibility, and belief to thrive in at this time’s dynamic occasions by the cloud-based info administration.

“Venture Titanium is a large step ahead in OpenText Cloud Editions bringing an built-in set of data administration suites to the private and non-private cloud,” mentioned Mark J. Barrenechea, OpenText CEO & CTO. “Disruption is accelerating and buyer wants are evolving. Organizations want an built-in, easy-to-use set of cloud merchandise to function the muse of contemporary work, digital provide chains, buyer experiences and safe computing. Being clever, related, and accountable by an info benefit will translate exponential alternatives into sustained enterprise worth.”

Venture Titanium will strengthen the OpenText Cloud Platform to supply a standard platform for consuming all OpenText software program and companies. Via this unified platform for cloud functions, integrations, and microservices, OpenText Cloud Editions will probably be out there to clients both off-cloud, in a non-public cloud or with a public cloud. Open to 3rd celebration and customized functions and accessible by OpenText APIs, this subsequent stage of built-in info administration throughout an ecosystem will allow clients to maneuver extra workloads to the cloud securely. Furthermore, by the OpenText Cloud Zone, clients and companions could have a brand new digital useful resource heart to judge, administrate, renew, and get assist on merchandise extra simply.

“OpenText has prioritized its analysis and growth investments within the cloud over the subsequent 18 months on the tempo of releases each 90 days,” mentioned Muhi Majzoub, OpenText EVP and Chief Product Officer. “Our buyer and associate experiences are our precedence and with Venture Titanium underway, we’re making nice strides in the direction of empowering them to drive the productiveness and profitability they want. Venture Titanium will allow the digital cloth for content material administration and enterprise networks with world scale, new compliance and safety requirements and a unified expertise.”

OpenText CEO Mark Barrenechea spoke on Venture Titanium throughout his opening keynote at OpenText World EMEA highlighting the way forward for the OpenText cloud journey and plans round all initiatives geared towards higher serving clients to resolve exponential issues. From local weather innovation, safety and compliance to the inexperienced backside line, Venture Titanium is designed to assist equip organizations of all sizes for bigger alternatives.

To be taught extra about Venture Titanium, learn the OpenText weblog right here.

About OpenText

OpenText, The Info Firm™, permits organizations to achieve perception by market main info administration options, powered by OpenText Cloud Edi­­tions. For extra details about OpenText (NASDAQ: OTEX, TSX: OTEX) go to

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Sure statements on this press launch might include phrases thought of forward-looking statements or info beneath relevant securities legal guidelines. These statements are based mostly on OpenText’s present expectations, estimates, forecasts and projections in regards to the working atmosphere, economies and markets by which the corporate operates. These statements are topic to essential assumptions, dangers and uncertainties which can be troublesome to foretell, and the precise consequence could also be materially completely different. OpenText’s assumptions, though thought of affordable by the corporate on the date of this press launch, might show to be inaccurate and consequently its precise outcomes might differ materially from the expectations set out herein. For added info with respect to dangers and different components which might happen, see OpenText’s Annual Report on Type 10-Ok, Quarterly Studies on Type 10-Q and different securities filings with the SEC and different securities regulators. Except in any other case required by relevant securities legal guidelines, OpenText disclaims any intention or obligations to replace or revise any forward-looking statements, whether or not on account of new info, future occasions or in any other case.

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