Posts tagged: Open Text

Open Text Analyst Event

Anne Valaitis
 Jan 18, 2010

I had the opportunity to attend the Open Text Analyst Event in Boston on January 13th. This annual event provides Open Text the opportunity to share their current marketing and product strategy plans.  The event format seemed to follow others I have attended as well as past Open Text events (there were no show stoppers or game changing announcements this time around). Open Text provided information to the hungry analysts by way of plenty of powerpoint to chew on in the morning session.  The sound of laptops and tablets tapping away (I chose old school pen and composition notebook) was the background hum to each presenter.  The executive team, some of which are relatively new to Open Text, each presented their area of expertise and built upon the last digging slightly deeper as we went along . In an effort to change the tone (and maybe to push back the post luncheon yawns),  the afternoon provided a “speed-dating” (we all joked about it) atmosphere, sitting with select members of the executive team for short bursts of time.

If you don’t know who Open Text is, they are a multi-national company that manages content for hundreds of brands (BMW, Sony, Citibank, Pfizer and Coca Cola just to name a few) and states more than 100 million users in over 50,000 deployments worldwide. So if you don’t know Open Text, you certainly know the companys whose content they support.  And there is no shortage of content, content that is growing exponentially every day, in fact there is an explosion of content from email, text, social media, traditional business applications, newspapers, video, music and books.

Open Text is essentially an ECM vendor and over the years has amassed many different brands including: Vignette, Hummingbird, LiveLink and Captaris to bolster its position and portfolio. Acquiring many discrete businesses has been no small endeavor and in fact has taken time to rationalize under one “Suite” or umbrella offering. Open Text demonstrated how the suite will serve all layers of the enterprise experience from the user level to process level integration and to the base library level. It remains to be seen just how successful this unified message will carry, Open Text themselves admits a lower than preferred penetration into existing customers

And how is Open Text innovating for the future…by learning to play the game Halo…no seriously, Tom Jenkins, Open Text Chairman and Chief Strategy Officer, shared with us his newly acquired skill as a gamer, this Jenkins admits, provides him the ability to truly understand how this next generation consumes content digitally, and their expectation of the digital experience…it was probably fun too!

Expect Open Text to go deep this year…to the heart of the customer, the heart of their own business all with a focus on innovation and mobility.

Get on the DAM Boat!

Other Posts
 Jun 3, 2009

Bryan Yeager and I spent Monday of this week at the Henry Stewart DAM Symposium in NYC. For those unfamiliar with the space, digital asset management (DAM) technologies are used to manage multimedia assets such as images, digital photos, audio, video, 3D renderings, and Flash-like animation. We’ll be posting video InfoCasts with vendors from the event this and next week as well as a more detailed analysis for clients.

Why should you care about DAM?

InfoTrends research in 2006 indicated that over 25% of ALL business content is in multimedia form, excluding presentation formats that often embed this media. Read more »

“In 2 years, we won’t have laptops anymore”

Other Posts
 Nov 19, 2008

Thus spoke Open Text CEO John Shackleton at the opening keynote for Open Text’s 2008 user conference, aptly named Content World. Those of you working with Open Text are likely more familiar with the “LiveLinkUp” event of the past, which was renamed this year to promote the ‘one voice, one vision’ theme. In line with this shift, I’ve found that a few product lines are moving towards a single-brand identity, with the (former) Red Dot Web content management (WCM) solution being referred to more often as WCM for LiveLink.

So maybe Mr. Shackleton is a little off in his perceived timing for this next evolution of information technology, and more than likely, this was a rhetorical statement. Then again, for those who saw InfoTrends’ President Jeff Hayes’ keynote at ODS, we all know “the cloud” and “mobile” are coming. Read more »

Some pretty good earnings, eh?

Other Posts
 Nov 5, 2008

The last of the major ECM vendors to report earnings this quarter has done so… Canadian software developer Open Text beat the street on Monday, reporting 11% YoY growth in revenue and 88% YoY growth in net income. Anecdotally, it’s hard to keep calling these guys “Canadian” when they have offices on almost every continent and annual revenue approaching $1B.

Open Text also announced the close of its Captaris acquisition and roadmap, which has important implications for the covergence of ECM solutions and OEM hardware. (InfoTrends’ report on the acquisition is available to Office group clients as well as through the Pub store here.) Read more »

Interwoven announces record Q3 (and other signs we’re not doomed)

Other Posts
 Oct 23, 2008

Released about 40 minutes ago, Interwoven’s (IWOV) Q3 results are truly exceptional. Highlights include:

  • “Record top line and bottom line results, and this is our 20th consecutive quarter of year-over-year revenue growth.
  • Total revenues were a record $65.9 million, an increase of 19 percent over the third quarter of 2007.
  • Non-GAAP net income was a record $8.4 million, an increase of 15 percent from non-GAAP net income of $7.3 million in the third quarter of 2007.
  • License revenue growth was 14 percent, a clear sign we continue to take share from the competition.
  • Consulting, training, and software as a service revenues were $13.9 million, an increase of 37% over the third quarter of last year.”

Of course, the full release will require some vetting, and today’s conference call (5pm sharp!) should provide additional insight.

Not surprising to this analyst would be strong license growth around Interwoven’s Segmentation, Targeting, and Optimization Web Content Management (WCM) offerings, which have been [anecdotally] quite powerful and well-received. (For you “print” folks, the integrated offerings are similar to transpromo, custom communications… for the Web channel.) Read more »

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