Independent Research Firm Cites OpenText as a Leader in Digital Asset Management for Customer Experience

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May 24, 2018, 09:00 ET

Evaluation Cites OpenText's Robust Solution for Complex Digital Asset Management Needs

WATERLOO, Ontario, May 24, 2018 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTEX), the global leader in Enterprise Information Management (EIM), today announced that analyst firm Forrester Research, Inc (NASDAQ: FORR) has named OpenText a Leader in The Forrester Wave™: Digital Asset Management For Customer Experience, Q2 2018. The report evaluated OpenText Media Management in the context of a comprehensive look at the Digital Asset Management market.

The report says that OpenText's "strong vision recognizes the challenges that organizations have today with delivering content to a multitude of channels" and notes its "superior partner ecosystem with global system integrators gives it a leg up in large rollouts … OpenText is a robust solution for complex DAM needs that entail large numbers of users and assets that are globally distributed."

"We are pleased to be ranked as a Leader for Digital Asset Management for Customer Experience by Forrester," said Patricia Nagle, senior vice president, CMO, OpenText. "We believe this validates and supports our strategy and vision, and underscores the importance of DAM for intelligent and connected enterprises looking to differentiate and compete in an increasingly media centric world."

"In our view, this report underscores the importance of having an integrated digital asset management approach," continued Nagel. "The ability to deliver rich, personalized, multi-media experiences to customers and employees is vital if organizations are going to succeed. Using media assets in an intelligent way that reinforces a company's brand and engages the audience will be a key competitive differentiator across all digital channels."

OpenText Media Management is an award winning digital asset management solution that helps organizations to create, curate, manage and provision digital media for the entire enterprise. Creative teams can easily gain greater control of valuable brand assets and deliver visually engaging experiences across multiple channels, applications and devices.

Forrester employs a rigorous process to create a Forrester Wave, evaluating the strengths and weaknesses of top DAM vendors. After examining past research, user need assessments, and vendor and expert interviews, Forrester developed a comprehensive set of evaluation criteria, and evaluated vendors against 30 criteria, grouped into the three high-level buckets of current offering, strategy, and market presence.

Download "The Forrester Wave™: Digital Asset Management For Customer Experience, Q2 2018" for more details.

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.

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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.

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