Latest news with #OTEX
Cision Canada
2 hours ago
- Business
- Cision Canada
A New Era of AI-Driven Information Management
OpenText delivers trusted, business-ready AI solutions to help customers work smarter, move faster, and stay secure. WATERLOO, ON, /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced today announced the launch of its Cloud Editions (CE) 25.3, a major release that redefines how organizations harness the power of AI, cloud, and cybersecurity to drive business outcomes. As enterprises worldwide accelerate their digital transformation journeys, CE 25.3 delivers a comprehensive suite of innovations designed to help customers work smarter, move faster, and stay secure in an increasingly complex digital landscape. CE 25.3 brings together the strength of OpenText Business AI, Business Clouds, and Business Technology—enabling organizations to turn information into an advantage through unified digital operations. This release introduces a new generation of AI-powered assistants, developer productivity tools, cloud-native platforms, and cybersecurity enhancements—all purpose-built to unlock the full value of enterprise information. From enabling knowledge workers with conversational AI to transforming customer communications and securing sensitive content, CE 25.3 reflects OpenText's commitment to delivering trusted innovation at scale. "Organizations across industries are rapidly adopting AI to drive smarter operations but scaling it securely and responsibly in the cloud remains a challenge. With Cloud Editions 25.3, we're delivering SaaS applications—like Core Content, Core Service Management, MyAviator and DevOps Aviator—that empower knowledge workers to move faster and smarter," said Mark J. Barrenechea, OpenText CEO & CTO. New innovations in CE 25.3 include: Business AI MyAviator: The Personal Digital Worker for the Enterprise Introduced earlier in the month, at the heart of CE 25.3 is MyAviator, a secure, AI-powered personal assistant purpose-built for OpenText customers. Designed for knowledge workers seeking the benefits of AI while keeping information private and secure, MyAviator enables users to search and summarize all content types in a personal workspace — finding, synthesizing, drafting, and transforming documents into actionable formats like podcasts or reports. Unlike generic AI tools, MyAviator offers enterprise-grade security, multilingual support, and seamless integration with OpenText platforms. DevOps Aviator + GitHub Copilot: AI for Regulated Software Delivery OpenText also introduces DevOps Aviator integration with GitHub Copilot for product lifecycle management (PLM), empowering developers in compliance-heavy industries to automate documentation, test generation, and task breakdowns using natural language prompts. This innovation accelerates delivery while maintaining traceability and governance—bridging developer agility with enterprise-grade oversight. Business Clouds OpenText Core Communications: SaaS Simplicity for Personalized Customer Engagement The new OpenText Core Communications platform sets a new standard for customer communications management (CCM). As OpenText's first multi-tenant SaaS CCM, it enables business users to create, personalize, and deliver compliant communications across channels—without heavy IT involvement. With built-in GenAI, guided onboarding, and omni-channel delivery, Core Communications helps organizations elevate customer experience at scale. OpenText Core Content: Secure and AI-Driven Content Management OpenText Core Content Management delivers AI-powered innovations that help users boost productivity, streamline workflows, and gain deeper insights from their content. Key updates include zero-downtime patching, advanced workflow automation, and a modernized user experience with the new user interface. The company also recently expanded AI capabilities through Amazon Nova and enhanced document processing with intelligent capture tools. Additionally, OpenText Core Content Management achieved Premium Qualification for SAP S/4HANA Public Cloud, offering mid-sized businesses a seamless, cloud-first solution to manage documents and accelerate processes within their SAP environment. Additional innovations release in the latest Cloud Editions release include: OpenText Core Content + SAP S/4HANA Public Cloud: Cloud-First Content Management OpenText's Core Content Management is now Premium Qualified for SAP S/4HANA Public Cloud, offering enterprises a cloud-first platform for content collaboration, workflow automation, and AI insights. Available in the SAP Store, this new integrated SaaS offering supports key business processes like order-to-cash and procure-to-pay, while keeping users in their familiar SAP interface. OpenText Core TDR with Content Management: AI-Driven Cybersecurity for Enterprise Content To address rising cyber threats, OpenText is bringing secure information management with Threat Detection & Response (TDR) integrated into OpenText Content Management. Using behavioral analytics and AI, this solution helps security teams detect insider threats and anomalous behavior as users engage with intellectual property stored in content management systems. This new frontier of potential insider threats can be detected by OpenText TDR to reduce the risk of data breaches and IP loss—especially when paired with Microsoft Defender or Entra ID. OpenText Document Presentment for SAP Solutions The AI-powered Document Presentment for SAP Solutions is designed to help IT and customer experience leaders deliver accurate, personalized, and timely communications at scale. Seamlessly integrated with SAP S/4HANA and SAP Business Suite, the solution empowers organizations to translate ERP data elements and structured data within SAP into customer-ready personalized communications, saving significant steps and time for operations to get the right outreach to the right customers at the right time securely. Whether it is invoices that need to be paid or vendors that need to take an action, OpenText Document Presentment for SAP Solutions will lift knowledge worker productivity. OpenText Core Service Management OpenText™ Core Service Management leverages powerful AI capabilities to transform IT and enterprise service delivery. With a generative AI virtual agent, users can resolve issues faster through intelligent self-service, automated workflows, and contextual guidance—reducing call volumes and boosting productivity. Its codeless configuration and fast deployment ensure organizations can adapt quickly without developer support, all while delivering a modern, intuitive user experience Business Technology OpenText Private Cloud Delivers Trusted Data Sovereignty at Scale OpenText Private Cloud empowers organizations to meet stringent regulatory, compliance, and data sovereignty requirements by offering secure, dedicated cloud environments tailored to regional and industry-specific mandates. OpenText Private Cloud can be tailored to meet country-specific requirements to help customers keep data, processes, and governance within the borders of a specific country. With decades of experience managing mission-critical information and deep expertise in global data governance, OpenText delivers trusted, compliant cloud solutions at scale. OpenText Private Cloud solutions in content management, service management, and security ensure customers retain full control over their data while benefiting from the agility and innovation of the cloud. OpenText Advanced Customer Support: Proactive Expertise and Personalized Guidance to Maximize OpenText Investments Advanced Customer Support (ACS) is designed to enhance the support experience for OpenText customers. ACS provides customers with proactive, personalized, and strategic support solutions specifically aligned to value stages of their software journey. The comprehensive ACS portfolio provides three foundational tiers of support including Extended, Priority and Premium Support. Additionally, customers can now benefit from an enhanced offering OpenText UltimateCare, a new flexible on-demand subscription of support services. From UltimateCare to Success Planning to Flexible Credits, these new support services from OpenText are designed to drive customer success. Availability The innovations included in CE 25.3 are currently available. For more information, visit Additional Resources About OpenText OpenText™ is the leading Information Management software and services company in the world. We help organizations solve complex global problems with a comprehensive suite of Business Clouds, Business AI, and Business Technology. For more information about OpenText (NASDAQ/TSX: OTEX), please visit us at Connect with us: Twitter | LinkedIn Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, readers should note that we may announce information using our website, press releases, securities law filings, public conference calls, webcasts and the social media channels identified on the Investors section of our website ( Such social media channels may include the Company's or our CEO's blog, Twitter account or LinkedIn account. The information posted through such channels may be material. Accordingly, readers should monitor such channels in addition to our other forms of communication.
Cision Canada
26-06-2025
- Business
- Cision Canada
OpenText Appoints Kristen Ludgate to Board of Directors
WATERLOO, ON, June 26, 2025 /CNW/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced the appointment of Kristen Ludgate to its board of directors. Ms. Ludgate is a seasoned executive and strategic advisor on global workforce and human resource strategies. Most recently, Ms. Ludgate served as Chief People Officer at HP Inc., a global publicly traded technology company with a broad product and services portfolio. At HP, Ms. Ludgate helped HP through significant transformation, deploying future-of-work strategies, strengthening leadership development, evolving culture, and implementing talent management and skills platforms. "I am very pleased to welcome Kristen to the OpenText Board," said Tom Jenkins, Chair of the Board of Directors. "She is a seasoned technology executive with extensive expertise in overseeing people, culture, workforces, and human resources strategies, functions, and programs. Kristen's appointment reflects the Board's ongoing commitment to board refreshment, which has seen five new directors with diverse skillsets added in the past five years. Her extensive expertise in executive compensation will further bolster the Board's compensation governance standards, in line with shareholder expectations." Prior to joining HP, Ms. Ludgate spent more than 15 years at 3M Company, with her most recent role as Executive Vice President and Chief Human Resources Officer, where she led People & Culture as a key strategic priority. She held multiple legal and executive roles at 3M, leading global teams in legal, compliance, human resources, and communications. Ms. Ludgate has a bachelor's degree from Bowdoin College and a J.D. from University of Minnesota Law School. Ms. Ludgate currently serves on the Board of Directors of Associated Bank, a publicly-traded bank, and is a member of their Compensation and Benefits and Corporate Governance and Social Responsibilities committees. OTEX), please visit us at OTEX-G
Web Release
10-06-2025
- Business
- Web Release
Moro Hub Signs Strategic Agreement with OpenText to Accelerate Digital Transformation Across UAE
Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), announced a strategic agreement with OpenText™ (NASDAQ/TSX: OTEX), the global leader in Information Management solutions. The agreement empowers Moro Hub to resell OpenText's comprehensive portfolio of AI-enabled solutions and services across the UAE, reinforcing both companies' commitment to driving digital transformation in alignment with the 'We the UAE 2031 Vision. Through this collaboration, Moro Hub will offer public and private sector organizations access to OpenText's best-in-class technologies, including solutions for Content Services, Digital Experience, Security, and advanced Analytics. These offerings will enable customers to modernize operations, enhance data-driven decision-making, and meet the growing demands of a digitally connected world. 'We are excited to work with OpenText, a global leader in information management, to enhance our portfolio and extend even greater value to our customers. This agreement not only strengthens our service offering but also contributes directly to the UAE's smart infrastructure development, setting new benchmarks in efficiency, security, and sustainability,' said Mohammed bin Sulaiman, CEO of Moro Hub. With AI adoption in the Middle East expected to contribute over $320 billion to the regional economy by 2030 (PwC), this partnership positions Moro Hub and OpenText at the forefront of innovation, enabling the delivery of secure, intelligent, and scalable services to businesses and government entities. 'This partnership between OpenText and Moro Hub reflects our shared vision to empower organizations in the UAE to drive innovation through AI-powered technologies. Together, we aim to support national digital transformation efforts and deliver secure, intelligent solutions that enable future-ready operations. Moro Hub is a key digital transformation enabler in the UAE, and we are proud to collaborate with them to help customers modernize and achieve better outcomes,' said Harald Adams, Sales Vice President of Emerging Markets at OpenText. Moro Hub's state-of-the-art data centers—the first in the world to be fully powered by solar energy—align with the UAE's sustainability and innovation goals. Combined with OpenText's leadership in Information Management, this partnership is set to revolutionize the way businesses in the region leverage technology to achieve operational excellence and digital resilience.
Yahoo
05-06-2025
- Business
- Yahoo
This AI Technology Stock Could Be the Best Investment of the Decade
Written by Jitendra Parashar at The Motley Fool Canada If you don't want to get caught reacting to short-term market movements, you may want to invest in long-term growth trends — and few could be as transformative as artificial intelligence (AI). The global AI industry is expected to generate trillions in economic value over the coming years by reshaping everything from enterprise software to automation and cybersecurity. For investors, the goal should be to find companies that aren't just experimenting with AI but are integrating it deeply into scalable, revenue-generating platforms. In this article, I'll highlight a Canadian AI technology stock that could be one of the best investments of the next decade. If you're looking for the top AI technology stock to ride the next wave of digital transformation, Open Text (TSX:OTEX) deserves a closer look. Open Text is currently playing a central role in enterprise AI adoption, helping global businesses automate operations, boost cybersecurity, and extract real-time insights from massive amounts of data. This software firm mainly delivers AI-powered solutions across content management, cloud infrastructure, analytics, and security through what it calls the 'Open Text Aviator' platform. Currently trading at $38.90 per share, OTEX stock has a market cap of slightly over $10 billion and also offers an annualized dividend yield of about 3.7%. While the stock has rebounded by nearly 8% over the last month, it's still down 18% from its 52-week high — making this top AI technology stock look undervalued based on its long-term fundamentals. The recent gains in Open Text stock came after investors reacted positively to its improved margins and strong free cash flow performance. In the most recent quarter (ended in March), it reported US$402 million in operating cash flows and US$374 million in free cash flows, up over 4% and 7% YoY (year over year), respectively. These gains came despite a broader dip in its total revenue, partly due to industry-wide demand volatility and the sale of a business unit that focused on upgrading and connecting older software systems. Nevertheless, the company's cloud revenues have been rising for 17 straight quarters — showing the durability of its subscription model. Notably, Open Text's latest quarterly results reflected ongoing strength in its recurring cloud revenues, even as its total revenue fell on a YoY basis. The company recently launched its new Cloud Editions 25.2 by combining AI, hybrid cloud tools, and cybersecurity features into one enterprise-grade platform. Meanwhile, it's also expanding its business optimization plan with automation and AI investments projected to save up to US$550 million annually. Overall, Open Text is sharpening its focus on high-priority areas like Aviator AI, enterprise content, and next-gen security. Not only could these moves improve its margins, but they may also open up new revenue opportunities in AI-powered solutions. Simply put, Open Text is executing exactly what's needed to thrive in an AI-first era — and that's why it could be the best investment of the decade. The post This AI Technology Stock Could Be the Best Investment of the Decade appeared first on The Motley Fool Canada. Before you buy stock in OpenText, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and OpenText wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $21,345.77!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 24 percentage points since 2013*. See the Top Stocks * Returns as of 4/21/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Jitendra Parashar has positions in Open Text. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio
Yahoo
04-05-2025
- Business
- Yahoo
Open Text Corporation (OTEX): Among Overlooked Tech Stocks to Buy Now
We recently published a list of . In this article, we are going to take a look at where Open Text Corporation (NASDAQ:OTEX) stands against other overlooked tech stocks to buy now. After overcoming major macroeconomic challenges, the IT sector has started 2025 with fresh vigor. The tech sector is now ready for a resurgence after a period of instability characterized by high inflation, rising interest rates, and worldwide unpredictability. The sector is expected to be 'healthy' or 'very healthy' in 2025, according to 62% of tech executives polled by Deloitte. Global IT spending is expected to increase by 9.3%, driven mostly by double-digit growth in software and data center investments. As companies move AI initiatives from pilot projects to full-scale production deployments, analysts anticipate that generative AI, cybersecurity, and cloud services will continue to be important growth drivers. The rate of layoffs dropped significantly in 2024, indicating growing stability. But new difficulties have surfaced, especially in relation to geopolitical tensions and regulatory barriers. The world economy is already feeling the effects of President Trump's expansive tariff plans, which include additional charges on major tech manufacturing countries like Taiwan, India, and Vietnam that range from 26% to 49%. Although imports of semiconductors, which are essential for the development of AI, have been temporarily exempted, tech companies that rely on international supply chains face new risks as a result of the unstable trade policy climate. Meanwhile, generative AI is proving to be a double-edged sword. While it is projected to contribute 21% to U.S. GDP by 2030, as reported by the World Economic Forum, there are growing concerns about the technology displacing millions of jobs, particularly administrative roles. As the World Economic Forum highlights, the solution lies not in halting AI innovation but fostering 'Authentic Intelligence'—an approach emphasizing the collaboration of human critical thinking with AI's capabilities to ensure inclusive economic growth. Additionally, cybersecurity has become a significant priority on the strategic agenda. As the use of AI increases, so does the attack surface available to hackers. By 2028, it's expected that global spending on cybersecurity will exceed $200 billion, as businesses emphasize bolstering their defenses. However, only 24% of existing gen AI projects are thought to be sufficiently secure, indicating that trust is still a major obstacle to the widespread use of AI. In summary, despite the fact that 2025 holds great promise for the IT industry due to advancements in generative AI, cloud migration, and robust IT investment, businesses still have to deal with a complex web of ethical, geopolitical, and legal issues. Successful companies will strike a balance between daring technological innovation, careful risk management, strategic supply chain diversity, and a dedication to upholding stakeholder and customer confidence. Against this dynamic backdrop, let's look at 10 Overlooked Tech Stocks to Buy Now, which are not only ready to capitalize on upcoming opportunities but may also provide attractive upside potential for investors seeking beyond the conventional mega-cap giants. To find overlooked tech stocks, we started by looking for companies with a market capitalization greater than $5 billion, ensuring a concentration on financially strong, large-cap enterprises. We chose stocks from this category that had a price-to-earnings (P/E) ratio of less than 15, using the P/E ratio as a conventional valuation indicator to highlight relatively affordable earnings-driven stocks. We then evaluated these firms based on hedge fund sentiment, utilizing data from Insider Monkey's fourth quarter 2024 report. Finally, we chose the ten companies with the least number of hedge fund investors to represent our list of Overlooked Tech Stocks to Buy Now. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A close-up of a cyber security hardware device used for protection. P/E Ratio: 6.4 Hedge Fund Holders: 14 Open Text Corporation (NASDAQ:OTEX) is a major provider of information management and cybersecurity solutions to global enterprise clients. Headquartered in Waterloo, Canada, the company's diverse portfolio includes content management, AI-powered analytics, cybersecurity, cloud services, and supply chain automation, with over 120,000 customers worldwide. Open Text Corporation (NASDAQ:OTEX) reported $1.33 billion in revenue and $501.5 million in adjusted EBITDA in fiscal Q2 2025, for a margin of 37.6%. Free cash flow totaled $307 million, and the company completed the quarter with $1.12 billion of cash. The company returned $258 million to shareholders through share repurchases and increased its fiscal 2025 share buyback authorization by $150 million, bringing it to $450 million. Cloud revenues increased 2.7% year-over-year, driven by a record $250 million in new cloud contract bookings. Open Text Corporation (NASDAQ:OTEX) expanded its cybersecurity solution by launching Core Threat Detection and Response on February 20, 2025. The new AI-powered technology, which integrates with Microsoft Azure and Security Copilot, improves threat detection across hybrid cloud settings. The Cybersecurity Cloud now serves more than 7,500 enterprise clients, establishing Open Text Corporation (NASDAQ:OTEX) as a market leader in next-generation security solutions. Management confirmed its fiscal 2025 free cash flow projection of $600 to $650 million, while marginally decreasing sales expectations to $5.175 billion to $5.27 billion. Importantly, Open Text Corporation (NASDAQ:OTEX) anticipates a return to total revenue growth in Q4, led by cloud, security, and AI projects based on its Titanium X platform. With strong momentum in its cloud and cybersecurity businesses, aggressive capital returns, and improved operational efficiency, Open Text Corporation (NASDAQ:OTEX) is developing as an overlooked tech stock with the ability to deliver long-term shareholder value. Overall, OTEX ranks 2nd on our list of overlooked tech stocks to buy now. While we acknowledge the potential of OTEX, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than OTEX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
