OpenText Corporation – Digital Transformation Strategies
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OpenText has been focusing on using artificial intelligence, cloud, cybersecurity, and blockchain to digitally transform its operations. The annual ICT spending of OpenText was estimated at $201.4 million for 2021. A major share of this spending is earmarked for acquiring software, network and communications and hardware from vendors. OpenText is a software company that offers enterprise content management (ECM) software solutions and products to customers worldwide. The company categorizes its products and services into four categories – License, Cloud Services and Subscriptions, Customer Support, and Professional Service and Other. The company’s major products include Enterprise Information Management solutions, Cloud Computing services and applications; and Ecosystem products.
The OpenText digital transformation strategies report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. Information included in these reports are sourced from a mix of our very own internal database and authentic secondary research links such as company’s annual report, presentations, press releases etc. The report covers overview of the company, its digital transformation strategies, technology focus areas, R&D centers and innovation labs, technology partnerships, technology introductions, acquisitions and ICT spending among others.
Digital Transformation Strategies
OpenText has undertaken various initiatives to build a digitally advanced business through in-house product developments and acquisitions. OpenText Release 16 platform and OpenText OT2 are some recent digital introductions. The OpenText CE versions such as content services, AppWorks platform, security, AI, and business applications are also deployable on OpenText cloud as well as other public clouds including Microsoft Azure, Google Cloud, and AWS which provides more agility for the company as well as its clients to perform dynamic and scalable tasks. The company has also made various acquisitions in order to expand its technology product portfolio.
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OpenText Technology Theme Focus
OpenText is utilizing a number of emerging technologies including blockchain, big data, and fintech among others to expand its enterprise services, achieve operational efficiencies, and mitigate security risks.
OpenText Technology Theme Focus
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OpenText Technology Initiatives
OpenText has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs, and technology acquisitions over the last few years. For instance, in 2020, OpenText announced the launch of OpenText Cloud Editions (CE) 20.4. The new OpenText CE 20.4 provides enhancements, updates, and new features across OpenText services and products, including new cloud services, new SaaS applications, and new developer cloud with documented APIs, and connectors to leading business applications.
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OpenText ICT Spend by Function
- Data center
- Communications
- Network
- Applications
- End-user computing
- Management
- ICT Service desk
OpenText ICT Spend by Function
For more insights on ICT spending by function, download a free report sample
OpenText ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/consulting firms
- Specialist outsourcers
- Systems integrators
OpenText ICT Spend by Channel
For more insights on ICT spending by channel, download a free report sample
OpenText External ICT Spend by Segment
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- ICT services
- Consulting
- Network and communications
- Others
OpenText External ICT Spend by Segment
For more insights on external ICT spending by segment, download a free report sample
OpenText Digital Transformation Strategies Overview
Total ICT Spending 2021 | $201.4 million |
ICT Spend by Function | Data center, Communications, Network, Application, End-User computing, Management, and Service desk |
ICT Spend by Channel | Internal development and maintenance, Technology vendors (direct), Local resellers, Telcos, ICT services providers/consulting firms, Specialist outsourcers, and Systems integrators |
External ICT Spend by Segment | Software (including cloud SaaS), Hardware (including cloud Iaas), ICT services, Consulting, Network and communications, and Others |
Technology Theme Focus | Blockchain, Big Data, and Fintech |
This report provides:
- Insight into OpenText’s technology activities.
- Insights of its R&D centers and innovation lab.
- Overview of technology initiatives covering partnerships, technology introductions, and acquisitions.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets.
Reasons to Buy
- Gain insights into OpenText’s technology operations.
- Gain insights into its technology strategies and innovation initiatives.
- Gain insights into its technology themes under focus.
- Gain insights into its various partnerships.
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Table of Contents
Frequently asked questions
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What was the total ICT spending of OpenText in 2021?
The annual ICT spending of OpenText was estimated at $201.4 million in 2021.
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What are the key ICT spending categories by function for OpenText?
The key ICT spending categories by function for OpenText are communications, data center, network, applications, end-user computing, ICT service desk, and management.
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What are the key ICT spending categories by channel for OpenText?
The key ICT spending categories by channel for OpenText are internal development and maintenance, technology vendors (direct), local resellers, telcos, ICT services providers/consulting firms, specialist outsourcers, and systems integrators.
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What are the key external ICT spending categories by segment for OpenText?
The key external ICT spending categories by segment for OpenText are ICT services, software (including cloud SaaS), hardware (including cloud IaaS), ICT services, network and communications, consulting, and others.
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What are the key technology themes in focus for OpenText?
The key technological theme in focus for OpenText are blockchain, big data, and fintech.
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