Waterloo, ON, Canada, Nov, 2018 -- OpenText™ (NASDAQ: OTEX, TSX: OTEX), a global provider in Enterprise Information Management (EIM), announced that it has been positioned as a Leader in Gartner's 2018 Magic Quadrant for Content Services Platforms.
"OpenText’s vision for the intelligent and connected enterprise is rooted in our longstanding market leadership in Content Services. As companies embrace the power of AI, automation and IoT, the value and volume of data and content are rapidly increasing," said Mark J. Barrenechea, Vice Chair, CEO and CTO, OpenText. "OpenText has been investing heavily in this vision and our customers continue to benefit from our investment in cloud, our vibrant partner ecosystem, and our continued commitment developing new and innovative applications."
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According to the Gartner report, "The worldwide content services software revenue totaled $9.6 billion in 2017 (up from $8.4 billion in 2016). The overall market grew 15.7% in U.S. dollars in 2017 (down from 16.0% in 2016)." The report also notes that "Content services sold as stand-alone, on-premises products are a declining portion of the market, because packaging — with other products in a suite, or with digital transformation services — has been the more successful sales approach."
Mark J. Barrenechea continued, "We believe that Gartner’s survey of this market is an important moment to reflect on this changing sector and this year is no different. As one of the most trusted industry analyst firms globally, we feel that this continued recognition from Gartner is an enormous point of pride for OpenText, our employees and our partners."
Posted by Veronica Silva Cusi, news correspondent
OpenText is the leader in Enterprise Information Management, helping customers to create a Digital-First World by simplifying, transforming, and accelerating their information needs. Over 100,000 customers already use OpenText solutions, either on premises or in our cloud.
Gartner, Inc. is a research and advisory firm that helps more than 10,000 clients leverage technology to achieve business success. Gartner’s businesses consist of Research, Consulting, Measurement, Events and Executive Programs. Founded in 1979, Gartner has over 3,800 associates, including approximately 1,000 research analysts and consultants, in more than 75 locations worldwide.
Published: Tuesday, November 6, 2018
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|6.)||Lieber & Associates|
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