OpenText Will Showcase Next-Generation Early Case Assessment During Legalweek 2021

OpenText Axcelerate Investigation helps unlock rapid, data-driven decision making for ECA and investigations

OpenText™ (NASDAQ: OTEX, TSX: OTEX), will highlight the recently launched OpenText™ Axcelerate™ Investigation platform during Legalweek (year) 2021 . Launched as part of OpenText Cloud Edition 20.4 Axcelerate Investigation expedites early case assessment (ECA) and investigations, helping to improve efficiency and reduce costs by providing rapid access to the facts.

OpenText logo (PRNewsfoto/Open Text Corporation) (PRNewsfoto/Open Text Corporation)

Typical ECA tools collect, process and cull data. For analysis, legal teams must transfer the data to an eDiscovery platform for a full review, use standalone analytics, or both. Axcelerate Investigation helps eliminate potentially error-prone data transfers, time-consuming and costly document reviews and multiple point solutions by combining robust collection, processing and culling with powerful front-ended analytics in a single solution. When full review and production is needed in a case, all data and work product can be seamlessly and automatically uploaded directly from Axcelerate Investigation to Axcelerate Review & Analysis OnDemand in the cloud.

Purpose-built to quickly find the facts, Axcelerate Investigation features:

  • Visual analytics, including Hypergraph Communications Map, which helps make complex information easier to understand and uncover relevant data with greater speed and precision.
  • Predictive searching and filtering—technology-assisted review on the fly without the workflow—which aids in delivery of rapid insights and identifies unknown unknowns.
  • Concept, phrase and sentiment analysis, automated summaries and entity extraction for a faster and deeper understanding of data
  • Analytics to identify sensitive, confidential and privileged data

"Getting to the facts quickly is a competitive advantage for legal teams in today's environment of stretched resources, growing data volumes and stringent deadlines. Efficiently assessing data to find the facts is mitigates risk and saves downstream eDiscovery costs," said Muhi Majzoub, Chief Product Officer at OpenText. "With Axcelerate, legal teams can quickly investigate data sets of any size in order to find facts, assess risks, conduct early case assessment and make strategic case decisions."

"At Switch, data matters. Axcelerate advanced investigative and analytics capabilities allow us to preserve the stringent Tier 5 Platinum® security standards we have set for our e-discovery data, at less than half the cost," said Sam Castor , EVP, Policy and Deputy General Counsel, Switch. "OpenText's Axcelerate platform is the best tool available for dealing with complex litigation and mountains of e-discovery data."

The launch of OpenText™ Axcelerate Investigation comes as the legal community will gather together during Legalweek (year) , held virtually beginning February 2 - 4, 2021 . Legalweek (year) brings together thousands of legal professions for a series of events on emerging trends, cutting edge legal technology and expert analysis of the tectonic shifts in the industry.

OpenText is leading an educational track at Legalweek (year) on February 2 : "When an Investigation Hits: Strategies for Effective and Rapid Resolution When Your Team is Remote," and will be showcasing Axcelerate Investigation at the OpenText virtual booth on February 4 , 2:30-3:30 p.m. EST and in private virtual meetings.

To book a meeting, visit: https://www.opentext.com/info/legalweek . For more information on OpenText Legal Tech solutions, visit: www.opentext.com/discovery .

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com .

Connect with us:
OpenText CEO Mark Barrenechea's blog
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. 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.

Copyright © 2021 Open Text. All Rights Reserved. Trademarks owned by Open Text.  One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents .

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SOURCE Open Text Corporation

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OpenText Strengthens X12 Collaboration to Accelerate the Future of Supply Chain B2B Data Exchange

OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, and X12 the ANSI-accredited standards organization, today announced the renewal of their commercial use partner license agreement. This long-standing collaboration underscores OpenText's commitment to and support for X12 standards across its expansive supply chain network.

OpenText logo (PRNewsfoto/Open Text Corporation)

"Electronic data interchange (EDI) is a critical foundation that supports how supply chains and businesses function today," stated Muhi Majzoub, Chief Product Officer and EVP, OpenText. "Working with X12 is more than just a collaboration; it's a testament to our joint dedication to continuous innovation and to laying the foundation for a more interconnected and efficient B2B data exchange landscape for the future."

X12 standards play a crucial role in EDI, serving as the primary conduit for businesses across diverse industries, including retail, consumer goods, automotive, high-tech, general manufacturing, and insurance. These standards allow businesses to digitally share vital information seamlessly within and across their operations.

The integration of X12 standards within OpenText's business network solutions improves efficiency, accuracy, transparency, and cost-effectiveness for its customers, contributing to a strengthened supply chain ecosystem.

"We are delighted to join forces with OpenText in advancing the development of X12 standards and derivatives," said Cathy Sheppard , CEO of X12. "Together, we are not just shaping standards; we are fostering a future where technology supports and enhances global operations across the industries we serve."

With the world's largest business network, OpenText connects over 1.1 million trading partners, facilitating the exchange of more than 33 billion EDI transactions annually. As a trusted EDI partner offering robust solutions for seamless business document exchange, OpenText is proud to be formally recognized as an X12 licensing partner with a comprehensive long-term agreement that includes its customers from the past, present, and future.

About X12
X12 , chartered by the American National Standards Institute (ANSI) for more than 40 years, develops and maintains business-to-business data exchange standards to drive business processes globally. X12's diverse membership includes dedicated technologists and business process experts in health care, insurance, transportation, finance, government, supply chain, and other industries. X12's consensus-building forum enables members to meet regularly to develop syntax-neutral data exchange standards collaboratively. With more than 320 published transaction sets, 1,400 data elements, and more than 40,000 codes available for use, the body of X12's work can be used to conduct nearly every facet of business-to-business operations. Learn more about X12 licensing at x12.org/licensing .

About OpenText

OpenText, a global leader in information management, enables organizations to gain insight through market-leading information management solutions, powered by the OpenText Cloud. For more information, visit www.opentext.com .

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SOURCE Open Text Corporation

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Information Management Experts Gather to Explore How AI Elevates Human Potential at OpenText World Europe 2024

OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, is set to host OpenText World Europe 2024 April 15 18, 2024, with a series of in-person customer conferences taking place in London Munich and Paris . The event series will bring together industry leaders, innovators, and customers to discuss how technology can enable global organizations to build for growth, experience, and sustainability.

OpenText logo (PRNewsfoto/Open Text Corporation)

"AI is revolutionizing the business world as a force multiplier for human potential. At the center of this force is trust and authenticity. Our enterprise customers need trusted, governed data to fuel the possibilities of AI. When advanced cloud technologies are applied securely to private data, organizations can get newfound value from their existing IP and begin to build trust with autonomous decisions from AI," said Mark J. Barrenechea , CEO and CTO, OpenText. "At OpenText World Europe, we look forward to showcasing how our OpenText Aviator solutions are empowering organizations to redefine roles and elevate their employees to be their best."

OpenText World Europe will provide an inspiring overview of the company's next generation developments in the cloud and at the edge. From IOT to AI-persona assistants, the innovations to be unveiled will inspire attendees to reimagine their daily work and experiences. From the CIO to the software quality engineer to the IT service manager to insurance claims agent – tomorrow's workplace will be transformed by bringing together automation and AI to disrupt our traditional cultures of knowledge.

Attendees will also learn more about OpenText Aviator – the company's family of generative AI capabilities that leverage large language models (LLMs) and private data sets to solve specific use cases. Attendees will learn first-hand from experts detailing their experiences implementing industry-specific solutions, and challenges they overcame along the way.

Event Dates:

  • London : April 15th , QEII Centre, Central London
  • Munich : April 16-17th , MOC – Event Center Messe Munich
  • Paris : April 18th , Maison de la Chimie, Central Paris

Event Highlights:

  • A keynote from OpenText CEO & CTO Mark J. Barrenechea, on AI as a force multiplier for human potential and how our next generation of information management, Edge, AI, and Security are solving tomorrow's most complex problems.
  • A keynote from Chief Product Officer Muhi Majzoub, who will dive into OpenText's cloud roadmap with Titanium X to showcase how security, trust, and governance are at the center of serving our customers.
  • Distinguished customer speakers including Carsten Trapp , CIO, Carl Zeiss , set to take center stage in Munich , and Leon Van Niekerk , Senior Manager of Test Center of Excellence, Pick-N-Pay, presenting in both London and Paris , will demonstrate how their work with OpenText has propelled their organizations forward and provide their unique industry perspectives on the future challenges and opportunities presented by AI.
  • Guest speaker Bertrand Piccard, the force behind Solar Impulse, the first airplane to fly around the world without a drop of fuel, will highlight the environmental protection goals of his recently launched World Alliance for Efficient Solutions, sharing how he envisions ecology through the lens of profitability, promoting clean and profitable solutions that are "logical" more than just "eco-logical".
  • Breakout sessions featuring updates on the combination of Aviator with each of the OpenText clouds – AI & Analytics, Content Services, Business Network, Digital Experience, Cybersecurity, IT Operations Management (ITOM) and Application Delivery Management (ADM).
  • Turbo talks that dive into the market trends, challenges, and areas of strategic interest that matter most to organizations in Europe.
  • Interactive labs offering the opportunity to experience the latest OpenText innovations, complete training courses, and contribute to product roadmaps.
  • Extensive networking opportunities to connect with OpenText experts, partners and industry peers throughout all the events.

Registration is now open, and the full agendas are available for OpenText World Europe – London , Munich and Paris . Come reimagine work with OpenText and chart your journey to the Future of AI.

About OpenText

OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com

Connect with us:

OpenText CEO Mark Barrenechea's blog

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 ( https://investors.opentext.com ). 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.

Copyright © 2024 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents .

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SOURCE Open Text Corporation

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