Open Text Corp - Company Profile
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Business Description
Open Text Corp (OpenText) is a designer and developer of information management software and solutions. The company provides various products and solutions, including enterprise content management, cybersecurity solutions, business network, digital experience, digital process automation, AI and analytics, and security.
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R&D Overview
Open Text's R&D arm focuses on developing new products and enhancing its existing products. It has partnerships with leading universities to foster R&D efforts. The company has 8,300 employees in product development. The company has made and expects to continue investing in R&D, through third-party licensing agreements, third-party and internal development activities, and through technology acquisitions. It plans to make a significant portion of its R&D investment in cloud-based technologies in future. In FY2023, the company incurred expenses of US$680.5 million on R&D, which as a percentage of revenue, stood 15.2%.
Product Categories
Overview
Includes revenue from SaaS offerings, licensing of software, managed service arrangements and hosted services.
Performance
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Overview
Offers customer support services through OpenText technical support, enhancements and upgrades to new versions of our software products.
Performance
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Overview
Include perpetual licenses, term licenses and subscription licenses.
Performance
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Overview
Offers consulting and learning services to customers such as implementation, training, and integration of licensed products.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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