News Column

United States : Cloud and oxygen pop up in references to OpenText

May 24, 2014

OpenText is not concerned with with parachuting, mountain climbing or any other high-altitude endeavors where oxygen is thin and the clouds are at your fingertips, but still the words "cloud" and "oxygen" pop up a lot in references to the company.

OpenText instead is a designer and provider of enterprise information management (EIM) software and solutions to corporate and state clients.

The company's offerings aims to help establishments manage, secure and leverage their unorganized business information.

OpenText has over 50,000 customers worldwide.

In the company's case, the "cloud" refers to its recent initiatives to boost its presence in cloud computing, in which applications are accessed over the Internet rather than sitting on a hard drive.

OpenText made its major move in this area in January, when it closed a $1.07 billion acquisition of GXS Group, a company that provides cloud-based business-to-business integration services and managed services.

In the mean time, "oxygen" refers to the company's Red Oxygen project, which packages several software products into just one platform.

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Source: TendersInfo (India)

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