Open Text Corp (OpenText) is a designer and developer of information management software and solutions. The company provides various products and solutions, including analytics cloud, business network cloud, content cloud, cybersecurity cloud, and experience cloud. OpenText also provides services including customer success services, cloud migration services, consulting services, learning services and managed services.

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Open Text is committed to advancing its product portfolio through increased investment in research and development activities, focusing on Content, Business Network, AI, and cloud services products and solutions. The company's product strategy relies on five pillars: Business AI, Business Clouds, Business Technology, Business & Consumer Security, and Product Integration. These initiatives aim to enhance existing products and develop new ones that meet client needs while reducing total cost of ownership. As of June 2026, the company had a professional team of 7,432 employees in product development and research and development. The R&D unit of Open Text is responsible for driving ongoing innovation in AI, cloud, and cybersecurity, seeking to increase the value of the company's offerings to its client base, which includes global enterprises, SMBs, regulated industries, and governments. In FY2026, the company incurred an expense of US$647.7 million on its R&D activities, which declined 14.3%YoY and stood at 12.3% of the company’s total revenue.